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Cryptocurrency News Articles
Top 5 Tokens to Buy Now to Stay Ahead of the Q4 Bull Market, Including a Next-Gen DeFi Platform Poised for 100x Gains
Oct 16, 2024 at 06:00 am
The crypto market was anticipating massive gains during Uptober, but the first two weeks of the month have been more than disappointing.
The crypto market was largely anticipating a bullish rally during the month of October, given its historical performance. However, the first two weeks of the month have brought limited gains and several price corrections. Now, as the third week of October begins, market trends are finally hinting at a bullish reversal.
Several analysts have been tracking the performance of top crypto assets like Solana, Ripple, Bitcoin, and Ethereum throughout the year. While these tokens could clock in impressive gains during Q4, they might also be overshadowed by a new token entering the market. Lunex Network (LNEX) has already shown the potential to outshine all the top 4 cryptos with its next-gen DeFi platform. Let’s find out why.
Solana (SOL) Technical Indicators Flash Buy Signals Throughout October
After concluding September with a bullish consolidation, Solana’s price action was hinting at a potential reversal. As the month of October began, Solana’s price slowly began to rise. Now, with only two weeks left before the end of Q4, Solana’s technical indicators are finally flashing strong buy signals.
Since Solana’s community sentiment has remained bullish at 82% throughout the year, analysts believe Solana’s strong community support might trigger a bullish rally soon. At press time, Solana sells for $147.68 after clocking in a 7 day increase of 1.92%.
However, Solana’s volume and open interest have both been trending downward for the last 24 hours, which is typically considered a bullish signal. If the buying pressure continues, Solana could be surging to the $155.94 pivot soon.
Ripple (XRP) Shows Resilience Despite Legal Troubles as Price Hints at Massive Gains
After the SEC decided to appeal the court’s decision favoring Ripple in the XRP lawsuit, Ripple’s XRP price experienced a steep decline. However, the token has shown significant resilience ever since.
Despite the legal uncertainties, XRP managed to record 2.45% gains over the last seven days – all thanks to its bullish community sentiment. Today, Ripple XRP is priced at $0.5352 after clocking in an intraday increase of 0.72%.
Since Ripple’s volume has also increased by nearly 40% in the last 24 hours, investors appear to be regaining interest in the token. If the Ripple XRP bulls gain dominance, Ripple’s XRP price could rise to the $0.5929 pivot in the upcoming weeks.
Bitcoin (BTC) Poised for Massive Gains Soon if it Manages to Break Past Critical Resistance
Bitcoin may have rejected the critical $64,000 resistance last week, but several analysts still believe it could still reach a new all-time high by 2025.
Since Bitcoin hasn’t recorded any significant gains due to the global liquidity trend yet, Bitcoin’s price chart is expected to turn full bull in the upcoming weeks. At press time, Bitcoin is trading for $62,637.03 after clocking in an intraday decrease of 0.52%.
Despite this dip, Bitcoin’s volume has still increased by 13.30% over the last 24 hours, which indicates growing investor interest. If Bitcoin breaks above the 100-day Simple Moving Average at $61,045 soon, it could experience a massive rally that will push the price beyond the $64K mark.
Ethereum (ETH) Co-founder Vitalik Buterin Expected to Win Nobel Prize in Economics on October 14
While Ethereum’s price action might be painting a bearish picture right now, this downtrend isn’t expected to last long. As several analysts tipped Ethereum’s co-founder Vitalik Buterin to be winning the Nobel Prize in Economics on October 14, investors are already showing renewed interest in Ethereum.
If Buterin actually wins the prize, Ethereum’s price trend is expected to experience a massive bullish reversal that will push the token’s price beyond the critical $2,800 resistance. At press time, Ethereum is trading for $2,463.20 after clocking in an intraday decrease of 2.01%.
However, since Ethereum’s volume has increased by 11.26% in the last 24 hours, traders appear to be buying the current dip in hopes of big gains in the upcoming weeks.
Lunex Network (LNEX) to Emerge as Biggest Gainer in Q4’s Bull Market if it Continues Clocking in 100x Gains
The top 4 cryptos by market cap might be popular tokens, but they are still facing massive price fluctuations. Amidst this uncertainty, several savvy traders are switching to explosive ICOs like Lunex Network (LNEX) that is already poised for a massive 100x rally by
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- Catzilla ($CATZILLA) – The Meme Coin Hero Roaring into Action with 700% ROI Potential
- Dec 22, 2024 at 02:45 pm
- While major cryptocurrencies like Bitcoin and Ethereum remain steady, a new contender is capturing attention. CATZILLA, an emerging meme coin, is experiencing a remarkable surge. This unexpected rise is stirring curiosity among investors and enthusiasts alike. Could this feline-themed token be on the verge of delivering massive returns and becoming the next breakout star in the crypto world?