Although Dogecoin and Avalanche have experienced big gains over the last 24 hours, analysts are still cautious about huge price fluctuations. Amidst this mixed sentiment, Lunex Network is emerging as the biggest gainer this season by raising nearly $500,000 in presale already!
Dogecoin (DOGE) Sees 72% Surge in Network Activity
Dogecoin’s network has been experiencing significant activity as there’s been a 72% surge in new addresses over the last seven days. Although Dogecoin’s price declined by 14.39% during the same time period, analysts believe the Dogecoin price current uptick will continue in Q4 due to the extremely bullish sentiment.
Dogecoin price is currently $0.1099 after a 5.46% intra-day increase. Despite trading below its key Simple Moving Averages on the DOGE/USDT daily chart, Dogecoin is picking up bullish momentum on its 4-hour and 2-hour charts. Since Dogecoin’s MACD has formed a bullish crossover with the signal line, Dogecoin’s price could surge to the $0.148 resistance in the upcoming weeks.
Avalanche (AVAX) Flashes Mixed Signals Despite Breaching Critical Resistance
Avalanche had been on a downward trend for the past few months, but it’s finally showing significant price action after breaching the critical $20 resistance. Although Avalanche’s price declined by 14.51% over the last seven days amidst Bitcoin’s downfall, Avalanche investors are still 85% bullish on the token.
Avalanche is currently trading for $25.85 after a 7.87% intra-day increase. Despite this uptick, Avalanche’s volume has still decreased by 19.20% over the last 24 hours. If buying pressure picks up, Avalanche could breach its critical 200-day SMA at $31.71 which will trigger a bigger bullish breakout for Avalanche amidst Q4’s bull market.
Lunex Network (LNEX) Projected to Hit New ATH Next Week
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Lunex Network’s (LNEX) new exchange-based token has become an overnight sensation in the crypto world after raising nearly $550,000 in record time. As Lunex Network races towards the big $1M milestone, analysts believe this new DeFi exchange could surpass both Binance and Uniswap in 2025. If that happens, Lunex Network could become part of the crypto Top 10 sooner than expected.
The reason why analysts have turned bullish on Lunex Network amidst Q4’s bull market is the platform’s unique cross-chain functionalities. By bridging the gap between isolated blockchain networks and bringing them together on one non-custodial exchange, Lunex Network is ready to overthrow the entire DEXs and CEXs market that generates a whopping $275 trillion every 24 hours.
On Lunex Network, traders can sign up by using a valid email address and bypass all cumbersome KYC checks. Since Lunex Network offers more than 50,000 compatible crypto pairs, traders can easily select any pair to swap and enter their wallet address to receive their new tokens within the next few minutes. Lunex Network also uses smart contracts on its ecosystem to source liquidity from various networks and splits the trade to offer the lowest possible transaction fees on every trade.
Aside from simplifying the entire crypto trading experience, Lunex Network is also attracting a huge influx of institutional investors and Web3 developers due to its innovative technology. By offering exclusive merchant payment gateways that allow businesses to accept cryptos as a form of payment and 65+ RPC nodes to aid dApp development, Lunex Network is quickly establishing itself as a powerhouse in the DeFi space.
Given the huge demand for Lunex Network, it is no surprise that analysts are already projecting a new all-time high for the token before the end of next week. Lunex Network is currently selling tokens for a low price of only $0.0013 each, making now the ideal time to invest before the projected 1800% surge by the end of the presale.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
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