November 2024 became a transformative month in the cryptocurrency ecosystem, marked by renewed market dynamism. XRP rallied nearly 300% in November, whereas AVAX’s price regained footing and increased by 117% to break from its long-term diagonal resistance trend line.
Alongside this mix, Lunex Network presale continues to pick up steam after witnessing a price increase to $0.0038. This marks a 200% leap from its initial offering of $0.0012, meanwhile Lnex Network has raised over $4.5 million in revenue as investors continue to be bullish about it.
Lunex Network Delivers 200% ROI at Presale
Lunex Network has quickly gained ground in the broader cryptocurrency market due to its incredible presale performance. It has raised over $4.5 million in presale revenue and surged by 200% to $0.0038. The driver behind this bullish momentum is its hybrid DEX protocol, which solves some of the biggest DeFi challenges, including price optimization and liquidity.
Its aggregation protocol sources liquidity from multiple exchanges and even splits a single trade to ensure the best possible prices. Moreover, Lunex’s smart contract will verify each transaction to ensure accuracy. This smart contract approach backed by real-time information aggregation has made Lunex a secure and highly efficient trading platform.
Its standout revenue share model, which offers real passive income, has also appealed to investors. Early investors can maximize their passive income when they stake their LNEX holdings for as much as 18% APY for 30 days. Once the Lunex presale wraps up and the LNEX token is live, Lunex holders will continue to generate passive income through the revenue share model.
AVAX Bullish Formation Points to $134
Amid the broad market trends, Avalanche (AVAX) has seen remarkable growth, surging by 117% to breach the $47 resistance area. The price of AVAX has surged alongside an ascending support trend line since September. After bouncing off for the third time in November 2024, the AVAX token formed four successive bullish weekly candlesticks. It’s currently creating the fifth one this week, which could lead to a high above the $49.15 mark.
The token has also neared the $47 horizontal resistance area, the last hurdle before the yearly high of $65.39. While the November rally has not experienced any pullbacks, its technical indicators do not highlight overbought conditions. Its Relative Strength Index (RSI) has broken out from its bearish divergence trend line above the 50 mark. Its MACD has also made a bullish crossover above 0.
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Notably, the AVAX coin is in a bullish trend, either in wave C or wave three of its long-term five-wave increase. Both counts highlight a bullish outlook in the coming months. The first target for the top of the increase is at the $134 mark, offering waves A: C the same ratio. However, if the upward movement is a five-wave increase, AVAX could reach $205 because wave three often has 1.61 times the length of wave one.
XRP Token Flips Tether (USDT) As It Approaches $3
Ripple (XRP) has been on a meteoric rise, surging by over 400% in the past month to approach the $3 mark. It has also managed to reclaim the third spot of the largest cryptocurrency by market capitalization from Tether (USDT). Experts are optimistic that more rallies are on the cards for the second-largest altcoin. Notably, the XRP coin has broken out from its long-standing resistance trend line on its intraday time frame.
Technical indicators align with these bullish sentiments. Its Simple Moving Average and Relative Strength Index (RSI) highlight solid buying momentum. Meanwhile, Egrag Crypto shared a bold XRP price prediction, indicating that the altcoin could peak at $27 before the year ends. He added that this prediction would only come true if the XRP token maintains the current momentum.
In any case, the current bull momentum has room for growth in the short term. The expected announcement of the launch of RLUSD (Ripple USD) could trigger a classic sell-the-news. In other words, profit-taking actions could occur for those speculating on XRP, having bought the altcoin in the first 10 months of 2024 or even in 2023.
Redefining The Crypto Game
Like XRP and AVAX, Lunex Network has the potential to join the ranks of major players in the DeFi realm. Its standout aggregation protocol and revenue share model have triggered a successful presale performance and expanded the community. Industry experts have also projected explosive growth of 2,000% by the end of its presale.
Discover the Exciting Opportunities of the Lunex Network (LNEX) Presale Today!
Website: Lunex Network
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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.
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