SPONSORED POST*

As the Web3 community anticipates the launch of Lunex Network’s crypto exchange, many traders are speculating on its potential to reshape market dynamics. With Lunex promising advanced trading tools and a robust ecosystem, XRP supporters hope this development could help Ripple’s token stay above Binance Coin (BNB) in market cap rankings.

As competition between altcoins intensifies, the success of Lunex Network could be pivotal to shaping the trajectory of both XRP and the broader crypto market.

Lunex Network’s Crypto Exchange Prompts Investor Interest

In the face of December, the crypto community is buzzing with anticipation as Lunex Network gears up to launch its next-generation crypto exchange. At press time, Lunex Network is at the peak of exchanges, boasting low fees and unlimited interoperability, piquing interest from XRP holders.

Lunex Network promises innovation that could redefine the way users engage with crypto and other digital assets. This multi-functional platform provides a non-custodial environment for trading, staking, and managing digital assets across 40 blockchains. 

By utilizing liquidity pools instead of traditional order books, Lunex Network delivers rapid transactions with minimal fees. The automated marker model is available to everyone globally, staying true to decentralization principles. 

Beyond trading, Lunex Network offers a robust staking system that rewards users with up to 18% APY for passive income seekers. Lunex Network even features decentralized governance where traders and holders vote on new implementations within the platform.

XRP’s $100 Billion Milestone: A Strong Buy Opportunity?

Over the past week, the XRP price surged to $1.8 after a 17.28% increase. The recent green candle is the result of a 7-year triangle. The growing interest in the XRP Ledger and its extensions has been vivid across the crypto space.

Even institutions are making quick moves, as The Reserve Bank of India partnered with Ripple to test the Digital Rupee using XRP Ledger for digital currency implementation. Bitwise also boosted XRP exposure in Germany with the Bitwise Physical XRP ETP trading on Deutsche Börse Xetra.

After crossing $100 billion in market cap, XRP has displaced BNB as the 5th largest cryptocurrency. With 17 green days in the last 30, XRP is trading well above its moving averages, registering a “strong buy” on other technicals.

BNB on the Rise: Is a New All-Time High Within Reach? 

While BNB has dropped to 6th in market cap, the Binance native has still not let up in approaching its all-time high. BNB’s price has increased by 186% in the past year, outperforming 72% of the top 100 crypto assets.

Over the past week, BNB registered 1.8% growth, barely staying afloat as the coin gathers support. Astherus integrated BNB for gas fees to address inefficiencies, and Alphium’s BSC bridge now supports BNB in boosting multi-chain capabilities and DeFi incentives. 

According to data from CoinCodex, BNB is expected to climb to around $760 by year-end. With a new peak in sight, the community sentiments surrounding BNB are bullish. Technical indicators show that BNB is above its moving averages with a good MACD level.

Conclusion

Ultimately, the superiority of BNB or Ripple hinges on Lunex Network. For $0.0033 apiece, investors access the LNEX ecosystem at a discounted entry price. Invest in the Web3 exchange now to unlock discounts on transaction fees and access premium features like liquidity mining and node leasing.

You can find more information about Lunex Network (LNEX) here:

Website: https://lunexnetwork.com

Socials: https://linktr.ee/lunexnetwork

*This article was paid for. Cryptonomist did not write the article or test the platform.

$BNB
Here's an analysis of the BNB/USDT 💸🚀💥data you provided, including key levels and potential trading strategies:
BNB/USDT Key Data Summary:
Current Price: $654.03 (-2.38%)
24h High: $670.18
24h Low: $645.16
24h Volume (BNB): 430,730.51
24h Volume (USDT): $282.44M
Moving Averages (MAs):🤑
MA(7): $652.54 (short-term)
MA(25): $654.83 (mid-term)
MA(99): $651.61 (long-term)
Binance Data:🎯
Volume: 4,192.157 BNB
MA(5): 12,612.389 BNB
MA(10): 15,028.593 BNB
Technical Analysis:
Price Position:🚀
The current price of $654.03 is below the 25-day moving average ($654.83) and very close to the 7-day moving average ($652.54). This suggests BNB is moving around key short-term levels, with mild bearish momentum.
However, BNB remains above the 99-day moving average ($651.61), indicating that long-term support is still holding.
Key Support and Resistance Levels:💲
Immediate Resistance: $670.18 (24h high). A break above this level would suggest a continuation of the upward trend toward higher levels like $675.
Immediate Support: $645.16 (24h low). If this level fails to hold, BNB could test the next significant support near the 99-day MA around $651.61.
Trading Strategy:💰
Entry Levels:
1. Conservative Entry: If BNB drops close to its 24h low ($645.16) or the 99-day MA ($651.61), this could be a good entry point for a long position, assuming support will hold.
2. Aggressive Entry: If BNB shows signs of breaking above the 24h high ($670.18), you could enter around $670-$675 to ride the bullish momentum.
Targets:💵
1. Target 1 (Short-term): If BNB breaks above $670.18, aim for $675, which could be a key psychological resistance.
2. Target 2 (Medium-term): A break above $675 could push BNB toward $680-$685.
Stop-Loss:🛑
Stop-Loss 1: If entering near support at $645.16, set a stop-loss below $642 to protect against a further drop.
Stop-Loss 2: If entering on a breakout above $670, place a stop-loss just below $660 to minimize downside risk if the breakout fails.
Example Scenario:
Entry: $652 (close to MA(7) and 24h low)
Stop-Loss: $645 (below key support)
Target 1: $670 (recent high)
Target 2: $675 (if breakout above $670 occurs)
Conclusion:
BNB/USDT is trading near important support and resistance levels. The price is currently in a consolidation phase, with a slight bearish trend. Conservative traders could wait for a dip near $645 or $651 for a long entry, while aggressive traders might look for a breakout above $670 to capitalize on a bullish move.
Would you like to explore further indicators or timeframes for a more detailed analysis?
#BNB #XRPTrends #ThanksgivingBTCMoves #trading #write2earn

(Follow me🫶💕❤️)
Robert Kiyosaki, the famous author of Rich Dad Poor Dad, has shared his latest thoughts on Bitcoin. While he strongly supports the cryptocurrency, he believes its price could drop significantly before rising again.
Bitcoin May Crash to $60K
Kiyosaki predicts that Bitcoin, currently near $100,000, might fall to $60,000. However, he isn’t worried about this drop. Instead, he sees it as a “Bitcoin sale” and plans to buy more. He said, “If and when that happens, I will not sell. I will buy more.”
Kiyosaki’s Plan
Kiyosaki owns 73 Bitcoins and aims to increase his holdings to 100. He is waiting for a price drop to add to his investments, showing confidence in Bitcoin’s long-term value.
Future Bitcoin Value
Despite predicting a short-term drop, Kiyosaki believes Bitcoin could reach $250,000 by 2025. He trusts Bitcoin as a better alternative to fiat currencies, which he says are losing value due to government policies.
Conclusion
Kiyosaki’s prediction may sound concerning, but his strategy focuses on buying during price dips. He sees Bitcoin as a strong asset in the long run, offering opportunities even during market downturns.#BTC #BNB #ETH #Binance