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Cryptocurrency News Articles

Sui (SUI) Crosses $3, See Potential Targets

Nov 19, 2024 at 03:00 am

The cryptocurrency market is not lacking in controversy, and Tron (TRX) is one of the coins that are in the middle of analysts' debates.

Sui (SUI) Crosses $3, See Potential Targets

As the cryptocurrency market continues to experience ups and downs, Tron (TRX) has found itself at the center of analysts' debates. While some predict an uptrend, others anticipate a fall in prices.

Meanwhile, Sui (SUI) and Lunex Network (LNEX) have both been trading in profits. Their prices have seen an increase over the past few days owing to high buying activity. According to analysts, these altcoins could record more gains in the coming months.

Sui (SUI) Crosses $3, See Potential Targets

True to its name as the Solana killer, Sui (SUI) is up across all timeframes, notching a yearly gain of 485.8%, as reported by CoinMarketCap. The SUI coin has crossed the $3 level and is now aiming for higher ground.

CryptoKnight anticipates the value of the Sui token to rise to $4 in the next few weeks. This prediction is also supported by CooITimes. The analyst posted a chart on TradingView, which shows the value of the altcoin price pumping to $4.

For the cryptocurrency to reach this level, it must cross the resistances at $3.64 and $3.75. In the meantime, other experts have given more bullish price forecasts. For example, XForceGlobal believes the Sui price could pump to $10. CryptoBit also shared a price target of $10.

Tron (TRX): Analysts Divided Over Next Targets

Tron (TRX) has surged to a weekly peak of $0.188 this week. This price increase occurred after bulls pushed through the $0.17 mark on November 12, according to CoinMarketCap. While many expected a rally to $0.2, the cryptocurrency failed to enter the $0.19 region.

Despite a minor correction, the Tron price still remains above the 50-SMA at $0.161494. Looking ahead, analysts are bullish about the price movement of Tron (TRX).

CW posted a chart on TradingView, which shows the value of the Tron coin rising to $0.2000. Another analyst, identified as Few, predicts the cryptocurrency’s price could surge to $0.2900 soon.

On the other hand, Part-Time Trader is bearish about TRX. The trader recently took to TradingView to post a bearish forecast. Part-Time Trader predicts the value of the Tron token may dump to $0.0430 in the next few weeks.

Investors Join the Lunex Network (LNEX) Presale As the

The Lunex Network (LNEX) presale has become quite popular among investors, with the platform having raised over $2.4 million. At the moment, the LNEX token is valued at $0.0026, which means that early investors can buy a share in one of the best DeFi projects today.

Experts expect the Lunex Network to grow by 18x as it grows to become the next blue-chip crypto. One major feature of Lunex Network is its cross-chain trading capabilities. Unlike exchanges that operate within a single blockchain network, Lunex provides token exchange between 40+ different blockchain networks and for over 50,000 cryptocurrencies.

This functionality reduces the cost of swaps and is faster and less likely to be subject to mistakes. To the traders, it will be an opportunity to trade freely across various networks. They don’t also need to rely on third-party wallet providers like MetaMask. The platform has its own built-in wallet, which users have total control over.

Based on the successful presale, cross-chain solutions, anonymity, and ecosystem, Lunex Network will certainly change the DeFi market. To early investors, Lunex is an opportunity to contribute to the success of an innovative project that is not just adapting to the market but setting trends in decentralized trading and more.

Final Thoughts

While experts argue about the price trajectory of Tron (TRX), investors are looking up to Sui (SUI) and Lunex Network for gains. Analysts have dubbed them the best cryptos to buy for gains in the coming months.

You can find more information about Lunex Network (LNEX) here:

Website: Lunex Network

Telegram: Join Lunex’s Growing Community

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

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Other articles published on Nov 19, 2024