Trader Tardigrade predicts that Dogecoin (DOGE) could drop to $0.3 before reaching $3. Likewise, another expert thinks that Pepe (PEPE) token could rise to $0.000032 in the next few months.
Meanwhile, Lunex Network stands out as one of the most notable ICO projects on the market right now. Allegedly, the LNEX token managed to raise more than $3.1 million, showing a 150% increase. Analysts are drawing attention to this project, which is expected to bring investors up to 10 times more profit.
Dogecoin (DOGE) Price Drop Expected$DOGE
Dogecoin, which has recently gained over 200% for its investors, is trading above $0.4 at the time of writing. According to CoinMarketCap data, the increase in the last 7 days is around 16.5%. Dogecoin has currently made this level a strong support point. If it stays at this level, it could climb to $1 in the coming weeks. However, Trader Tardigrade predicts that Dogecoin could drop to $0.3 before reaching $3. Tardigrade notes that this scenario resembles the situation before the big price rally in 2017/2018.
According to Tardigrade, sentiment around Dogecoin is currently bullish, and technical indicators confirm this. The Relative Strength Index (RSI) has entered overbought territory, rising above 70, while the Fear & Greed Index is also hovering at the extreme greed level, above 80.
Is Pepe (PEPE) Overcoming Resistance?$PEPE
Pepe coin has been another meme token that has attracted attention in recent weeks. According to CoinMarketCap data, Pepe (PEPE) has increased in value by 123.2% on a monthly basis. However, the change in the last 7 days shows a decrease of 4%. The coin is struggling to overcome the resistance at $0.0000220. Analysts suggest that if this level is broken, Pepe’s price could reach new highs.
AlejandroBTC is predicting a rally for Pepe’s value near its all-time high. AlejandroBTC’s prediction is supported by Crypto Candy, which published a chart showing Pepe’s token crossing the $0.0000320 level. Looking at technical indicators, most metrics for Pepe (PEPE) are bullish. The Relative Strength Index is above the midline and the Hull Moving Average (9) is also giving a buy signal.
Can Lunex Network (LNEX) Make 10X Profit?
Lunex Network (LNEX) has reportedly surged by 150% and is currently trading at $0.0031. The DeFi project has achieved a significant milestone by raising more than $3.1 million during the presale. Experts say that Lunex’s value could increase by 10 times before the platform goes live.
Lunex stands out as a multi-chain platform that allows traders to exchange over 50,000 assets. This feature makes trading easier by eliminating the need for users to use multiple platforms simultaneously. This could make Lunex a full-fledged DeFi space, providing investors with greater flexibility and versatility in portfolio management.
Lunex also prioritizes privacy with its KYC-free (Know Your Customer) policy. Allowing users to trade assets without revealing their identities, Lunex can be an attractive option, especially for users who want anonymity. In addition, offering 18% APY rewards to investors who stake LNEX tokens stands out as another attractive feature to encourage investors to participate long-term.
As a result, Lunex Network aims to establish a strong position in the DeFi market by conducting a successful pre-sale. Its innovative features could differentiate it from its competitors and have the potential to become a major player in the industry.
