A major Bitcoin (BTC) pullback could be looming as signs of weakness are appearing on the chart. On the other hand, Dogecoin (DOGE) seems ready to fly as it recently broke through crucial resistance, however, bulls must defend this level at any cost if they want to see upward price discovery.
Lunex Network is another contender that could experience a massive rally in the upcoming weeks. Thousands of investors have already rushed to the presale, as over $4.6 million has been raised in record time.
Bitcoin Enters Cool-Off Phase Just Below $100k
All eyes are on Bitcoin (BTC) as it finally reaches the $100k milestone, and then added a few thousand for good measure. Predictably, at the top, selling pressure grew and Bitcoin retraced, briefly tapping the $96k support before rebounding.
Today, Bitcoin sells for $99,569, reflecting a 3% gain. A deeper correction could be in store, on Bitcoin’s 4-hour chart, a bearish divergence has appeared, as the RSI is dipping while the price has been moving above an ascending trendline. A break below this trendline could confirm a short-term bearish scenario for Bitcoin.
Trading volume has dipped by 45%, or roughly $65 billion worth of BTC traded across exchanges, this decline goes to show that buyers are taking a step back and redirecting attention to other altcoins that could be primed for new surges, such as Dogecoin and Lunex Network.
Dogecoin Reclaims $0.45, What’s Next?
After consolidating around $0.40 for the past few weeks, Dogecoin (DOGE) has soared by 3.8% on the daily timeframe, reaching $0.45. If this resistance is flipped into support, the way would be paved for Dogecoin to surge above $0.50 by the end of the year and possibly, reach the prophesied $1 landmark in early 2025.
Analyst and trader Eliz has shared a Dogecoin chart reading, showing that DOGE has been moving into an ascending channel, with consistent rebounds from the trendline. Today, Elon Musk also did his part to elevate the sentiment of Dogecoin holders, as he reposted the same viral meme that he shared in 2021, during the memorable DOGE run.
Why Lunex Network Could Be One Of The Best Plays Of 2025
Groundbreaking DeFi exchange Lunex could significantly disrupt the exchange industry with its innovative framework. The platform integrates isolated blockchains and allows for instantaneous swaps between more than 50,000 assets.
All transactions will be conducted anonymously, as no KYC or third-party wallet is required. Individuals can just input the ticker they want to swap, insert the address, and hit confirm. It’s a frictionless and intuitive experience that doesn’t require jumping through hoops or jeopardizing sensitive data.
Moreover, users will have access to an exclusive, non-custodial wallet and a portfolio tracker app with built-in analytic tools for optimal asset management. Users who want to take their experience to the next level can also subscribe to the Lunex Pro service and use refined trading tools and special features such as cashback bonuses and AML wallet checks.
Institutional clients aren’t left behind either, Lunex Network offers a tailored interoperable blockchain bridge acting as a B2B payment gateway. Businesses will be able to receive crypto payments and have them instantly swapped into fiat money at the lowest rate possible.
If this weren’t enough, Lunex boasts a novel revenue-sharing mechanism through with it will distribute a portion of the platform’s weekly profits to holders of the $LNEX token for up to 18% APY.
With the $LNEX token priced at just $0.0038 per token, there has never been a better time to get involved. By the end of the presale, an 18x surge is expected. Don’t miss out!