Top Altcoins
Analysts are predicting a bull Christmas in the crypto market, especially for one of the top altcoins, Solana (SOL). Curbo says the value of the altcoin could reach a $420 target by the end of the year,
Meanwhile, Bonk (BONK) and Lunex Network (LNEX) are expected to see significant gains and drop to zero. These predictions have crypto enthusiasts excited and could lead to a potentially market-moving rally in the next few weeks.
The sentiment surrounding the Solana coin has improved over the past 30 days. $SOL has jumped from a low of $158 to a monthly high of $263.21, according to CoinMarketCap. Despite the correction in the market, Solana (SOL) is still among the top gainers.
The sentiment surrounding the Solana coin has improved over the past 30 days. Looking ahead, experts say the value of the Solana token could set a new all-time high before the end of this year.
VipRoseTr says SOL is trading on an ascending channel. A potential breakout could propel Solana (SOL) to $302.32. Another trader called Curbo notes the Solana price has a strong resistance close to the $260 range.
They forecast a price rally to $420 by Christmas. The uptrend shown by the 14-day RSI supports this bullish forecast. The RSI is currently above the midline, a sign of buying pressure.
A top expert called MOON has shared his analysis on Bonk's (BONK) future price movement. He told his followers the meme coin had given bullish signals, as the weekly chart had turned a previous high (0.0000450) into support.
This technical pattern indicates that the Bonk coin is now preparing for the next major move up in its price. The target of this rally is $0.00011, according to the analyst. At the moment, the Bonk price is down on the weekly timeframe.
The value of BONK has dropped by 19.5%. However, CoinMarketCap data shows gains of 38.1% on the 14days chart and 93.3% on the 30days timeframe. The RSI is above the midline and paints a bullish picture.
With Bonk's potential listing on Robinhood hanging on the balance, this memecoin is worth keeping an eye on. Exchange listings are known to precede bullish price movements. The Bonk crypto might follow the same trend.
Lunex Network is making waves in the decentralized finance (DeFi) space because of the new platform that is aimed at enhancing user's trading experience. Lunex provides a non-custodial exchange where users can swap more than 50,000 assets across multiple blockchains with no need for intermediaries.
Another feature of Lunex Network is that it pays much attention to privacy. Lunex is an exceptional DeFi project because it does not subject its users to the common KYC (Know Your Customer) procedure. This gives a high level of anonymity to the traders who want no one to know their transactions, which makes it ideal for those who put much focus on security before engaging in any transaction.
Further, Lunex provides the staking service to $LNEX tokens; thus, users can receive up to 18% APY. This feature is not only an opportunity to earn more money for traders but will also help to create long-term value for $LNEX token holders, giving them a reason to hold their tokens to benefit from the platform.
Lunex Network is now in its presale stage, with the $LNEX token currently costing $0.0031. The project has already raised over $3.2 million. According to analysts, $LNEX could see a 10x price rise before entering the public market, which makes it one of the best altcoins to buy now.
While Solana (SOL) is aiming for $420, all eyes are on Bonk (BONK) and Lunex Network. Analysts say they could see 10x gains in the coming months. For those willing to embrace the potential surge, the potential to make big profits has never looked better.
You can find more information about Lunex Network (LNEX) here:
Website: Lunex Network
Telegram: Join Lunex's Growing Community
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