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Litecoin is suggesting a massive breakout by forming a rare golden cross while Solana has already reached a new all-time high price today. Meanwhile, the new DeFi altcoin Lunex Network is also recording significant gains as the platform is already poised for 1800% gains by the end of its presale. Litecoin Forms a Rare Golden Cross on LTC/USDT Daily Chart Litecoin’s price recorded 30.
17% gains during the post-election rally which made analysts optimistic about the token’s future potential. Although Litecoin had been trading sideways for the last few days, it has now formed a rare golden cross on the LTC/USDT daily chart. Since this golden cross typically hints at an upcoming breakout, Litecoin is experiencing significant whale accumulation.
Litecoin is currently trading for $89.80 after an intraday increase worth 1.40%.
At this range, Litecoin is trading above all of its Simple Moving Averages on the daily chart which is a strong buy signal. Since Litecoin’s MACD Level and Momentum Indicator both suggest bullish dominance, analysts believe Litecoin could experience a massive rally toward the $97.61 resistance.
Solana (SOL) Ecosystem Deploys 77,000 New Tokens After Hitting Price Peak Solana’s network deployed 77,000 new tokens during the last 24 hours which indicates the platform’s prominent position in the crypto world. Although Solana has recently reached a new all-time high price of $265, analysts believe Solana is all set to record another new peak before the end of November. The Solana blockchain has also reached a Total Value Locked of $9 billion which is its highest level in the last three years.
Solana is currently trading for $255.03 after an intraday surge of 2.20%.
The slight retracement can be attributed to Solana’s RSI reaching overbought territory on the SOL/USDT daily chart. Since Solana’s demand is still high, analysts believe Solana can form a new all-time high level at the $262.01 upper resistance.
Lunex Network (LNEX) to Record Explosive 1800% Rally Before Launch Lunex Network is kicking off a new era of crypto trading with its revolutionary noncustodial exchange. Since Lunex Network is simplifying cross-chain trading by integrating smart contracts into its ecosystem, analysts are already projecting up to 1800% gains for the platform’s native LNEX token. If these predictions stand true, Lunex Network could surpass the gains of Litecoin and Solana by early 2025.
Since Lunex Network has already proven its utility in the market, the platform is seeing significant capital inflows from whales. These whales are betting on Lunex Network because the platform offers the lowest possible cost per transaction while executing every transfer at lightning-fast speeds. Since Lunex Network is already compatible with over 50,000 cryptocurrencies across different blockchains, now is the ideal time to invest in LNEX to make the most of the upcoming altseason.
If that wasn’t enough, then Lunex Network also gives traders access to exclusive trading features like a portfolio tracker and a DeFi wallet that improves their trading performance. Instead of keeping track of multiple wallets at once, traders can use Lunex Network to store and swap their tokens, NFTs, bonds, and stocks on a single mobile app. By enhancing user experience, Lunex Network is attracting a variety of experienced and novice traders to its viral presale.
Lunex Network has already raised $3 million in record time which is making analysts optimistic about the token’s future growth. For now, LNEX tokens are selling for a low price of just $0.0031 with market experts projecting another new all-time high price before the end of November.
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