Chainlink and Polygon haven’t experienced significant price actions over the past 30 days, but both tokens are beginning to pick up momentum as Ethereum is trending upwards. Amidst this uncertainty, savvy traders are still choosing Lunex Network’s viral presale as their top bet for the biggest gainer in Q4.
Chainlink (LINK) to Lead Ronin’s Cross-Chain Bridge
Chainlink is taking responsibility for Ronin’s cross-chain bridge which will support transfers between Ethereum and Ronin. Although this is a big move for Chainlink’s ecosystem, Chainlink holders still seem unimpressed. Chainlink is currently trading for $10.70 after an intra-day surge of 1.72%.
Although Chainlink was trading in the green zone throughout the past seven days, it has suddenly fallen deep into bearish territory. Chainlink’s volume has also decreased by 3.20% over the last 24 hours which typically indicates that investors are losing interest. Since Chainlink is trading below all of its Simple Moving Averages, analysts are anticipating that Chainlink’s price could fall to the $9.76 support soon.
Traders are Buying the Polygon (POL) Dip
Polygon recently initiated its ticker upgrade from MATIC to POL on Ethereum’s mainnet, and analysts expected this big move to attract a new wave of investors. However, Polygon hasn’t recorded any significant price action lately. Polygon’s price has declined by 4.25% over the last month, suggesting bearish dominance. Polygon is currently trading for $0.3635 after an intraday decrease of 1.71%.
Since Polygon’s volume has increased by 8.92% over the last 24 hours, analysts believe traders might be buying the dip. Although Polygon is still trading below all of its Simple Moving Averages on the daily chart, Polygon’s RSI is headed toward the neutral level at 50. If buying pressure increases further, Polygon could surge to the $0.3996 pivot before testing the $0.4435 resistance.
Advertisement Banner
Lunex Network (LNEX) Poised for Massive 1800% Rally During Presale
Lunex Network is a new Ethereum-backed exchange token in the market that is already seeing a huge influx of investors. Within a few weeks of its ICO launch, Lunex Network has managed to reach the $650,000 milestone – all thanks to its unique trading features and top-tier security protocols.
Unlike traditional DEXs and CEXs, Lunex Network is launching a non-custodial DeFi exchange that allows traders to swap cryptos on different blockchains without the need for any third-party wallets. Since Lunex Network uses smart contracts to execute every trade on its exchange, it offers the lowest gas fees, 0% slippage, and the fastest transaction speeds.
If that wasn’t enough, then Lunex Network also offers a non-custodial crypto wallet where traders can manage their crypto with complete peace of mind. Traders can either use Lunex Network’s mobile app or desktop version to store, buy, swap, and stake crypto in the most secure way. Since Lunex Network has no KYC checks, new traders can register by only entering a valid email address – no additional information needed! Lunex Network already supports 40+ blockchains, and it plans to keep adding more until it becomes the leading DeFi exchange in the market.
The best part about investing in Lunex Network is that traders can start receiving a passive income in as little as 30 days. As Lunex Network generates revenue through merchant listings and transaction fees, it uses a chunk of this amount to repurchase $LNEX tokens on the open market. These tokens are then distributed to current $LNEX holders as staking rewards with up to 18% APY.
Considering Lunex Network’s innovative features, the current selling price of $0.0013 is truly a massive steal. As more traders buy into Lunex Network’s presale, analysts believe the token could deliver up to 1800% ROI ahead of its official launch day!
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
This is a Crypto Brand Press post. Brand Press is a paid service for brands that want to reach The Bit Journal’s audience directly. The Bit Journal’s editorial team does not create, endorse, or verify the content of Brand Press posts. Any views or opinions expressed in this content are solely those of the advertiser and do not reflect the opinions or views of The Bit Journal. The Bit Journal is not responsible for any claims, errors, or omissions in the content provided. For advertising inquiries, please email . [email protected]
The price predictions and financial analysis presented on this website are for informational purposes only and do not constitute financial, investment, or trading advice. While we strive to provide accurate and up-to-date information, the volatile nature of cryptocurrency markets means that prices can fluctuate significantly and unpredictably.
You should conduct your own research and consult with a qualified financial advisor before making any investment decisions. The Bit Journal does not guarantee the accuracy, completeness, or reliability of any information provided in the price predictions, and we will not be held liable for any losses incurred as a result of relying on this information.
Investing in cryptocurrencies carries risks, including the risk of significant losses. Always invest responsibly and within your means.
