While the crypto market is on the decline again, the same analyst who predicted a 400% rise in Shiba Inu (SHIB) is now predicting big gains for both XRP (XRP) and Lunex Network (LNEX).
This analyst’s prediction for Shiba Inu (SHIB) comes after the altcoin soared 400% from December 2023 to March 2024, but what’s next for XRP (XRP) and Lunex Network (LNEX ).
Additionally, as XRP (XRP) prepares for a major breakout from its long-term range, Lunex Network is gearing up for a massive rally both before and after the ongoing pre-sale ends. As demand for the LNEX token continues to increase, analysts are predicting a 200% surge before the end of the pre-sale and an expected 1,800% rally after the pre-sale.
Lunex Network: Get the lowest prices
Fees can be quite important in trading, especially for high-frequency traders and those who trade in large volumes. This is because getting involved in either of these two can result in the loss of a large amount of commission. However, with this in mind, Lunex Network aims to offer the lowest possible fees to traders on the platform.
This reduces the friction of cryptocurrency trading for cost-sensitive users, making them more comfortable to execute trades. Additionally, Lunex Network offers a dedicated merchant gateway for businesses. This is evident with the Lunex B2B payment gateway, which allows businesses to accept cryptocurrencies as payments and instantly convert them to fiat.
This ground-breaking feature is less common on other decentralized exchanges, but Lunex Network is proud to offer it. LNEX, the Lunex Network utility token, is currently in the pre-sale stage with each token valued at just $0.0015 in stage 3 of the pre-sale. This gives investors many opportunities to enter at a lower price before the value skyrockets.
Shiba Inu price chart analysis
Last week, Shiba Inu Coin fell less than 1% from $0.0000167 to $0.0000168. Shiba Inu Coin seems to be concentrated between $0.0000168 and $0.0000161 within this small price fluctuation. In fact, Shiba Inu (SHIB) was more bullish last month.
The Shiba Inu price chart rose from $0.000013 to $0.000017, marking a significant increase of over 27% in 30 days. In late September, Shiba Inu (SHIB) first reached $0.000021, but then came under strong bearish pressure and finally fell to the $0.00006 support level in early October.
However, the bulls started to move and pushed the price back down to $0.000017. Their target was the nearest resistance at $0.000019. Technical indicators also show that Shiba Inu (SHIB) has performed well over the past week and month.
XRP price chart analysis
XRP coin has seen a consolidation between $0.545 and $0.518 over the past seven days. XRP coin was only able to rise by 2% in terms of price appreciation within this wide range. Still, the community’s view of the altcoin remains fairly positive, so XRP (XRP) holders are hoping for a positive breakout in the coming days.
Over the last month, altcoin price increases have been modest, less than 1%. Moreover, even at the end of September, the bulls lost momentum and later the XRP (XRP) price resulted in a noticeable decline below $0.55 observed on the XRP price chart.
Technical indicators also revealed that XRP (XRP) was bearish both last week and last month. In both cases, the oscillator shows a positive situation, but the moving average shows a strong sell signal.
Lunex Network can outperform Shiba Inu and XRP
Shiba Inu (SHIB) and XRP (XRP) may be more popular than Lunex Network right now, but the tide could change, perhaps months from now. Considering the mouth-watering benefits that await DeFi enthusiasts with Lunex Network, this innovative project is poised for massive growth.
Learn more about Lunex Network (LNEX) here.
Website: https://lunexnetwork.com
Social: https://linktr.ee/lunexnetwork
This is a sponsored article. The opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before acting on the information presented in this article.