The crypto market is experiencing explosive movements, with Ripple (XRP) being in the frontline, having risen by an astonishing 400%. In parallel to this outstanding growth, Lunex Network (LNEX) has increased by 200% and has attracted the interest of traders and investors.
Experts predict that the price of LNEX could rise by 18x in the following months. In other news, the Solana coin could rise to $400 soon. The altcoin had been on a downward trend in the past one week.
Solana (SOL) Predicted To Reach New Peak
Analyst Jelle notes that Solana (SOL) is forming a falling wedge pattern near the 25-EMA. A breakout could lead to a massive rally in the coming weeks. The expert also said the Solana coin is testing the mid-level of the RSI once again.
According to Jelle, these technical indicators imply that the Solana token is likely to continue its upward price movement. They forecasted a price target of $400-$600. Another expert called ScryptoTrader.eth predicts the Solana price could increase to $500.
However, his charts show the altcoin must remain above the crucial support at $225. Meanwhile, Solana’s (SOL) price is well above $200, but data obtained from CoinMarketCap reveals that it has dropped by 1.7% in the weekly chart and 9.2% in the biweekly timeframe.
Its Fear and Greed Index is pointing to Extreme Greed. This means that investors are still positive about the cryptocurrency and its prospects in the future.
Ripple (XRP) Shows Massive Gains
The Ripple coin is one of the most performing tokens in the market currently. The Ripple crypto surprised market spectators when it increased from a low of $1.34 to a weekly high of $2.82, per CoinMarketCap. The token has given investors more than 400% returns in the last month.
If this continues, the DeFi token has the potential to move past its previous high of $3.84. Javon Marks has a positive outlook for Ripple XRP. He told his followers the cryptocurrency’s breakout above the $2.47 level could propel it towards $4.80.
Javon Marks notes that holding above $2.47 could open the path for more gains. At the moment, the sentiment surrounding Ripple (XRP) is bullish. Its RSI is in the overbought region. The VWMA (10) and Hull Moving Average (9) are also flashing buy signals which could mean more upward price movement.
Investors Rush To Lunex Network (LNEX) For Potential 10x Gains
Lunex Network (LNEX) is the latest project that is making waves in the DeFi market. Its presale growth shows that many investors are eager to become members of this new platform. The project has sold millions of tokens and has managed to raise over $4 million in its funding round.
In the future, experts expect that the value of Lunex could rise by 10x, such potential makes it a top crypto to buy at its current value of $0.0036. Unlike most of its competitors, Lunex has a B2B payment gateway that allows sellers to accept cryptocurrency and receive fiat simultaneously.
This feature provides companies with the chance to adopt crypto into their operations without the risks associated with managing cryptocurrencies. In addition, Lunex has a VIP plan for those clients who are more experienced in the field and such privileges as cashback for transactions and better staking services.
Lunex also merges the idea of raising the earning potential with improved tools for those who may wish to have a complete crypto experience. In total, Lunex’s business integration and VIP rewards are a good match. Moreover, the staking program is another interesting offer for investors who are willing to receive passive income from staking.
In Conclusion
Ripple (XRP), Lunex Network, and Solana (SOL) are the market movers that investors should watch for massive growth. The large-scale movement of Ripple and Lunex Network indicates an upward trend that could lead to more gains in the coming months. Investors looking for the best cryptos to buy should consider them.
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