ADA, the native token of the Cardano network, is on track to continue its upward momentum after forming a bullish price action pattern. Despite laudable ADA price performance, it has consolidated in a tight range near the $1.30 resistance level and is struggling to break this hurdle.
However, analysts favor Lunex Network (LNEX), which has an 18x growth projection by the end of its presale. Based on its explosive presale momentum, which has already raised over $5.1 million after selling over 2.137 billion tokens, Lunex is emerging as the go-to platform for anyone seeking high returns and reliability in the DeFi space.
Lunex Network’s Early Market Positioning Could Lead To Higher ROI
Lunex Network (LNEX) offers a user-centric DeFi ecosystem that will change the market outlook. The project’s non-custodial feature allows users to control their assets and trade easily. It also supports over 50,000 asset swaps across 40+ blockchains. Lunex Network has also set high interoperability and efficiency standards, attracting many investors to its ongoing presale.
Moreover, users can earn an 18% APY by staking on Lunex Network, creating a reliable source of passive income. Lunex Network’s advanced wallet technology enhances security, ensuring private yet smooth transactions. Users also get the chance to enjoy real-time insights with the Lunex portfolio tracker, helping traders refine their investment approaches.
These stand-out features have already seen the LNEX token record impressive gains even before its launch. The token is priced at $0.0044, reflecting an over 266% rally, moreover Lunex Network’s presale has already hit key milestones, the recent one being over $5.1M in presale revenue. This gives investors a rare chance of securing an early staking chance before the price surges further.
Cardano (ADA) Price Momentum
While ADA price entered a consolidation phase, its technical indicators have formed a bullish flag pattern and the pole price action on its 4-hour chart metrics. The ADA coin must break the hurdle around the $1.25 region to soar toward the $1.63 level, a 30% increase from the current price levels. Its Relative Strength Index (RSI) is increasing above the neutral region.
This suggests the crypto asset has room for more growth. ADA whales have shown strong interest in altcoin, as reported by on-chain analytics firm Coinglass. ADA’s inflow/outflow highlights that the exchanges have experienced a significant outflow of $98.37 million worth of the ADA token. This means institutional and retail investors moved substantial amounts of ADA from exchanges to their wallets.
Historically, such trading activities show signs of a potential upside momentum and present a buying opportunity, thus reducing the probability of price surges. All these on-chain metrics highlight that the bulls are in control of the market and striving to push the price of Cardano toward the $1.50 level.
Lunex Network Presale Continues to Attract Strong Interest from Traders
Traders have been seizing LNEX tokens at a current price of $0.0044, its highly anticipated unique features and trader-focused benefits backed by cutting-edge blockchain technology have seen analysts relay optimistic predictions regarding its future. Like many, many expect Lunex to continue with its surge trend, with further gains expected on its official launch.
Discover the Exciting Opportunities of the Lunex Network (LNEX) Presale Today!
Website: Lunex Network
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