Bitcoin’s price has more than doubled this year as the broader crypto market consolidated gains of approximately $900 billion since Trump was voted the next U.S. president and several pro-crypto lawmakers were elected to Congress. Ripple (XRP), in particular, has been the top beneficiary, surging by over 50% in the past week to breach its primary resistance level around the $1.10 level.
Similarly, Litecoin (LTC), an alternative to Bitcoin, has made headway, surging by 26% in the past month. Meanwhile, smart money investors are flocking to Lunex Network presale as they anticipate a price increase to $0.0031. Some analysts have hinted that this fast-selling presale gem could be a layup for 10x returns in Q4.
While Litecoin (LTC) is poised for mild to moderate growth, Lunex has been signaled out for its potential to net 10x gains in Q4. With a cross-chain platform and a system designed to offer real passive income, Lunex is emerging as the go-to platform for anyone seeking high returns and reliability in the DeFi space. What sets it apart is its commitment to enhancing user experience like never before.
Notably, Lunex has removed KYC verifications, allowing users to maintain anonymity while streamlining the hassle-free trading process. It has also eliminated third-party wallets like MetaMask or TrustWallet, ensuring the platform is highly accessible and privacy-focused. In addition, users have access to more than 50,000 crypto pairs to buy, sell, and swap across 40+ blockchains at minimal fees.
Its advanced smart contract approach enables lightning-fast trades. Lunex users can track their transactions to ensure full transparency. So far, LNEX tokens are available at $0.0026 as holders anticipate a price increase to $0.0031. The project is primed to deliver more substantial gains in the upcoming bull market, presenting an intriguing opportunity for early investors.
XRP’s price continues to rally, signaling a potential comeback for the asset. Breaching the $1 psychological level has attracted institutional investors seeking lucrative opportunities. With growing investor interest, crypto analyst EGRAG Crypto has hinted that XRP’s price could rally as high as 50x from its current value if the market remains favorable.
This could bring the value of XRP to new all time highs. Its on-chain technical structure suggests that the price of XRP is on track for a fresh rally. The token trades around the golden pocket at the 78.6% Fibonacci level in its weekly chart, acting as a strong resistance. Notably, a breakout above the $1.3 level could push the price of XRP towards the $1.7 mark.
Any additional gains could further push its value towards the $1.96 level. The XRP token has formed a similar pattern as Cardano’s ADA. If the coin breaks resistance at $1,14, it could register a bullish continuation, targeting the $1.35 mark. However, if the support around the $1.08 mark is broken, the price could drop to $0.91 and $0.92, recording a potential 15% decline.
Litecoin has also benefited from Bitcoin’s rally, which surged 26% in the past month. The price has begun a five-wave upward movement, completing an ABC correction phase. It’s unclear whether the new five-wave upward movement is part of a larger ABC correction. Either way, a similar length increase as the previous rally is expected, which could push the LTC price towards $143.50.
After rendering this high, the price of Litecoin could face a similar correction witnessed in July 2023. During these projected upward and downward movements, the wave count could lead to Litecoin price predictions of $82 and $88 for the end of 2024 and 2025, respectively. The token has been creating lower highs since March, which caused a breakdown from the ascending support trendline.
Afterward, the LTC token fell to a low of $49.90 before validating the $50 horizontal area as support and has rallied since. This token has reclaimed the ascending support trend line and the $80 horizontal area. This indicates that the previous decline was a deviation that often led to significant movements in the opposite direction.
As Litecoin continues to stretch its value and XRP faces strong liquidity and market liquidity, Lunex Network offers unique prospects with the potential to create a great buzz after its launch. Now in presale, Lunex presents an early-stage opportunity to join a project redefining the DeFi space.
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork