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There is mixed sentiment in the crypto market now. While coins like Avalanche and Stellar are trading in the red zone, others like Pullix are beginning to generate hype amongst investors.
Facelessfrx forecasts Avalanche’s price could jump to $25.66. Javon Marks believes the value of Stellar might reach $0.681. Despite these forecasts, Stellar and Avalanche holders are going big on Pullix. Analysts predict this coin’s price is on its way to $1.
Avalanche (AVAX) is trading below its 50-day and 200-day SMAs due to the bearish wave in the crypto market. Dara from CoinMarketCap shows the Avalanche price has been on a steep fall in the past month, dropping from a peak of $33 to a low of $17.55.
Its trading volume fluctuated between $309 million and $944 million during this timeframe. Theo_crypto99 is optimistic about the potential of Avalanche crypto this third quarter. The analyst posted a chart that showed the value of the cryptocurrency soaring up in the coming months, passing $40.
Facelessfrx says the price of Avalanche coin might rise to $25.66 soon. Another analyst who has a long-term prediction is Ekofintek. They say the value of the cryptocurrency will jump to $130.
Over the past month, Ripple’s rival, Stellar (XLM), has been trading between $0.08 and $0.10. Unlike the rest of the market, Stellar price is showing gains on the weekly and monthly levels. This profit comes after the cryptocurrency bounced off the support at $0.08.
The market capitalization of Stellar is currently sitting between a low of $2.2 billion and a peak of $3.4 billion on the monthly chart. Going forward, Cryptojack believes the Stellar coin price will continue to trade between $0.08 and $0.11 for a while before experiencing a breakout.
Another analyst, Javon Marks, says Stellar’s value could rise to $0.681 in the coming months. That being said, depending on the specific Stellar coin, Coincodex’s price forecast is more negative. They forecast the value of the cryptocurrency might drop to $0.084437.
The current trending project in the crypto sector now is Pullix. Before launch, the project had gained funding of $8m and registered 20k active users. Popular exchanges such as ChangeNow, BitMart, Uniswap, and MEXC have added the coin into their trading pairs.
Data from CoinMarketCap shows the value and market cap of Pullix (PLX) has been increasing this week. Analysts believe Pullix’s extremely low market cap of $2.8 million and utility will lead to huge price growth. They expect a price target of $1 in the coming months. Pullix is about to launch a hybrid exchange which combines the best of DEX and CEX exchanges to give traders a good experience.
Pullix has a large list of tradable assets like stocks, commodities, indices, cryptocurrencies (Avalanche and XLM), indices, etc. Customers can trade these markets with one account and don’t need KYC documents. In addition to this, Pullix has a revenue-sharing model where ecosystem members get a portion of the platform’s wealth.
Avalanche and Stellar investors are showing interest in Pullix. They believe its price will skyrocket to $1 in the coming months and are taking advantage of its current price to increase their holdings.
For more information regarding Pullix see links below:
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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.
