The LTC coin has seen substantial gains, which is equally understandable, given the bullish market trends. According to prominent analysts, this rally could fuel another breakout price surge. Similarly, Avalanche has shown strong momentum, holding gains above the $45 level. Per Rekt Capital Insights, the AVAX price has found major support at the $38.57 zone and might rally without retesting this level.
Amid these market dynamisms, Lunex Network continues to pick up steam due to its all-in-one platform that integrates liquidity, trading, and staking, plus its value proposition. The project has already delivered over 266% return to early adopters who bought LNEX tokens at its starting price of $0.0012.
Lunex Network (LNEX): The Future of Crypto Trading
Although its presale campaign began a few weeks ago, Lunex has already raised over $5 million in revenue, a testament to its rising demand. The driver behind this explosive presale momentum is its powerful aggregation protocol, which sources liquidity from multiple exchanges. The protocol can split a single trade across several to ensure the best possible prices.
In addition, its smart contract technology continuously verifies each trade to ensure its accuracy. This smart contract approach, coupled with real-time information aggregation, has made Lunex a secure and highly efficient platform. Lunex has also extended its platform for Web3 development. It has instant access to 65+ RPC nodes, offering developers the tools to build dApps across multiple blockchains.
Lunex Pro offers advanced features like cashback on every transaction, access to premium staking options and AML wallet address checks for a smooth DeFi experience. Currently, Lunex Network (LNEX) is available at a low entry point of $0.0044. Savvy investors are flocking to its presale to capitalize on this intriguing opportunity before its value soars.
AVAX Price Analysis: Technical Indicators Signal Potential Pullback
AVAX has breached the $40 level and is testing higher critical resistance levels. Per Rekt Capital’s forecast, the AVAX token could rally to higher highs without retesting its critical support at $38.57. This point will remain a natural dipping level during future retracements. Moreover, the crucial resistance near the $55 level could determine AVAX’s next big move.
The AVAX coin could register higher rallies if it reclaims and stabilizes above this region. Notably, its technical indicators highlight a bullish outlook. AVAX’s MACD has recently created a bullish crossover, with the MACD line crossing above the signal line. This could be interpreted as an increasing upward momentum. However, its Relative Strength Index (RSI) is in overbought territory.
This suggests an impending consolidation phase. Remarkably, about 81% of AVAX holders are in profit, and 17% are making losses. The holders in profit could embark on profit-taking behaviors that could heighten sell-off pressures and pull back its value. Despite this, AVAX’s strong correlation with BTC indicates that its price movements may closely track the pioneer cryptocurrency.
How High Can LTC Price Rally In December?
A top market pundit has indicated that critical price levels and chart patterns signal a positive momentum for Litecoin (LTC). The most critical indicator is its strong support level, which previously acted as a floor for Litecoin’s price. This indicates that the price of Litecoin is on the verge of a vertical surge. Another prominent analyst believes its rise is in its early stages.
He added that the token rallied by an impressive 9,730% in 2017 and 587% in 2021 after breaking its trendline. Currently, Litecoin is approaching its crucial Fibonacci retracement level of 0.236, which signals a breakout that could push the coin toward the $1,440 level. This is approximately a 1000% surge from its current price level. With just 20 days since the impending trendline breakout, the expert believes LTC’s bullish market is just getting started.
The price of LTC is currently advancing the $150 level to mark more gains. The recent rally has drawn considerable attention from investors and traders alike. Its Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD) highlight bullish momentum, suggesting further potential for price gains.
Investors Snap Up LNEX Tokens
While Litecoin and Avalanche show higher potential growth for the long term, the Lunex presale offers intriguing opportunities to make high returns in the short term. Its standout features tailored for traders and developers have positioned Lunex as a major player in the DeFi space.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
