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The crypto market is now in a bull run as Bitcoin leads the pack. Top altcoins like Cardano (ADA) and Litecoin (LTC) are currently entering the competition. ADA has crossed $1, and the investors are happy.
Lunex Network (LNEX) is another project that investors believe could rally to $1 soon. However, LTC is currently struggling with resistance at $100. Crossing this mark could determine its movement in the next few weeks.
After Cardano (ADA) struggled for long with bears, the altcoin has finally silenced doubters. Cardano (ADA) has received its fair share of backlash, but is now trading above $1.
The data from CoinMarketCap shows that the price of the Cardano coin is trading at $1-$1.10. Surpassing this level could open the way to $2.0 ADA has a 7.7% gain on the 7-day timeframe. On the 30-day chart, it is up 218.1%.
Moving on, the cryptocurrency's technical indicators are bullish. The relative strength index is above the midline. It has entered the overbought region, which is a sign of high buying pressure.
The Average Directional Index (14) and Hull Moving Average (9) are also hinting at a Cardano price surge based on their buy signals. Paynej247 predicts the value of the Cardano crypto could hit $3 in two weeks.
The Litecoin price crossed $100 last week. The cryptocurrency went as high as $103 before it plummeted. Although the Litecoin token attempted to cross the mark again, it was met with bearish pressure.
Currently, Litecoin (LTC) is trading below $100. On the 7-day chart, the coin has a profit of 8.0%. On the 30-day timeframe on CoinMarketCap, LTC has a gain of 41.8%.
Despite the resistance at upper levels, analysts say the Litecoin crypto could climb higher in the coming days. Mike is one analyst who is bullish about this altcoin. He told his followers recently that LTC could soar to $340 if it crosses $115.
This move could occur in the coming days if bulls maintain their position. The 14-Day and other technical indicators are in support of this potential uptrend. They are in the buying territory, signaling a high number of buyers in the market.
Lunex Network (LNEX) plans on disrupting the DeFi market. It allows traders to swap over 50,000 cryptocurrencies. One feature that many users will probably like about Lunex Network is that there is no KYC. Lunex Network allows anonymous trading. This is the best choice for users who do not like to show their identity and do not want to deal with complicated procedures.
LNEX token holders could take advantage of Lunex Pro subscription on the platform and other services. Users are paid back in cash for transactions, receive the best staking deals, and pass through AML to ensure their funds are protected while receiving extra value for staked amounts.
In addition to trading in cryptocurrencies, Lunex Network offers its users low fees on operations. Furthermore, the DeFi project has a portfolio tracker that can track digital assets in various categories, such as cryptocurrency, bonds, stocks, and ETFs. In the presale, the DeFi coin, LNEX, trades at $0.0031. Analysts have predicted it could rise to $1 by the first quarter of 2025.
Cardano (ADA) and Litecoin (LTC) are aiming for high price levels. ADA has its eyes on $3, while LTC could soar to $340. Meanwhile, Lunex Network is targeting $1. Analysts say it is the next best crypto that could achieve this mark in the coming months.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
