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Ethereum (ETH), the top altcoin, has experienced significant gains in the past few weeks, even as other crypto assets retreat from the recent market rally. It’s holding its gains above the $3,500 level. While ETH’s price is consolidating, it might soon aim for fresh rallies above the $3,600 resistance zone. On the other hand, ADA’s price nearly tripled in the past month. Its gains have eclipsed BTC and the more aggressive DOGE.
Meanwhile, Lunex Network is emerging as a significant player in the DeFi market. The project tackles trading with a fresh approach, focusing on enhancing the user experience like never before―from lower transaction fees and higher levels of interoperability to real passive income. So far, Lunex is available at presale and is selling at a discounted price of $0.0033%.
LNEX Delivers 175% ROI for Early Adopters
Lunex Network (LNEX) has been making strides in DeFi with its broad array of value-driven features. It introduces an aggregation protocol that sources liquidity across multiple exchanges. Lunex can split a single trade through several exchanges to ensure the best possible prices. Additionally, its smart contract will verify transactions to ensure trades are accurate. This smart contract approach and real-time information aggregation have made Lunex a secure and highly efficient trading platform.
Besides this, Lunex has a profit-sharing mechanism. Its holders can maximize their passive income at presale when they stake their tokens for as much as 18% APY. Its standout mobile exchange app and portfolio tracker are specially designed for active traders who like to trade on the go. The portfolio tracker supports cryptos, ETFs, bonds, stocks, and other financial instruments. This has made Lunex the ideal solution for seasoned traders managing different portfolios, focusing on long-term prospects.
Additionally, the project has eliminated KYC verifications and third-party linking to minimize data breaches. Within a few weeks into its price discovery, Lunex has raised over $3.7 million and recorded a price increase to $0.0033. This marks a 175% leap from its initial offering of $0.0012. Analysts hint at a substantial growth of 1800% pre-launch, highlighting it as a promising option for traders seeking to establish sustainable and profitable crypto investment strategies.
Can Cardano (ADA) Price Reach $10?
Cardano (ADA) has rapidly grown to hold gains above the $1 psychological level in less than 30 days. Despite the recent price surge, the ADA token has remained below its all-time high of $2.80 in early 2021. Analysts are optimistic about its prospects as the Cardano price aims for fresh rallies. According to Gambardello’s prediction, Cardano could be going into a consolidation phase in a favorable light and sees it as a window for redistribution.
He added that once this phase ends, the Cardano coin could break higher milestones, such as $5 and $10. Meanwhile, Cardano whales are positioning themselves for a bull run Per IntoTheBlock data. ADA whales have accumulated 130 million ADA tokens following its downtrend after it breached the $1 mark. As such, their holdings have increased to 3.2 billion ADA tokens as of November 27.
Notably, ADA’s Relative Strength Index and Moving Average Convergence/Divergence align with this bullish sentiment. After rising beyond the 60 level, its Average Directional Index (ADX) reads at 45. Although the ADA price has lost momentum, as suggested by its ADX, a strong trend remains.
Ethereum Price Eyes Fresh Rallies Above $3,600 Level
Ethereum’s price has seen rapid growth, holding its gains above the $3,500 level. The token has begun fresh rallies that appear to test the $3,500 and $3,550 resistance gains. Ether bulls have taken control and are pushing the price to the $3,650 level. Previously, the price of ETH reached a new high of $3,688 before slipping down to pare off some of its gains.
Notably, Ethereum experienced a further downturn that pulled its price back below the $3,650 and $3,620 levels. This downtrend was below the 23.6% Fib retracement area of the upward movement from the $3,255 swing low of the $3,688 high. It’s now trading above its 100-hourly Simple Moving Average and $3,520. The token faces strong resistance near the $3,700 level. If the token is able to move past this point, it could push its value towards the $3,900 mark.
A break above this level could trigger more rallies. As such, Ethereum’s price could steer towards the $4K level. On the flip side, if the price of Ethereum fails to breach above its $3,650 resistance level, the token could slip downwards. Its first initial support would be around the $3,540 mark, but massive support would be around the $3,500 mark.
Lunex Presale Dominates The DeFi Realm
While ETH and ADA tokens aim for new highs, the Lunex presale offers intriguing opportunities for savvy investors. Analysts project 1800% growth by the end of its presale, highlighting its potential as a promising option for anyone seeking high returns and reliability in the DeFi market.
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.
