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Lunex Network (LNEX), Solana (SOL), and BNB (BNB) Aim For a Rally

Patricia Arquette
Patricia ArquetteOriginal
2024-11-05 10:30:17623browse

Three strong players—Lunex Network (LNEX), Solana (SOL), and BNB (BNB)—are causing waves in the crypto space with amazing potential for expansion as Q4 plays out.

Lunex Network (LNEX), Solana (SOL), and BNB (BNB) Aim For a Rally

Three altcoins that could see big gains in Q4 are Lunex Network (LNEX), Solana (SOL), and BNB (BNB). While Solana (SOL) and BNB (BNB) are seeing strong bullish momentum with high price targets, Lunex Network (LNEX) is making waves in the decentralized exchange (DEX) space with its efficient cross-chain trading platform.

Here's a closer look at each altcoin and its potential for Q4:

Lunex Network (LNEX) is a decentralized finance (DeFi) protocol that aims to simplify cross-chain token swaps. Unlike other DEXs, such as Uniswap (UNI) and PancakeSwap (CAKE), which are limited to specific blockchains, Lunex Network connects multiple blockchains while maintaining a non-custodial structure.

This allows traders to perform any DeFi transaction using Lunex Network, saving time and money. It also boasts low transaction fees, with traders enjoying some of the lowest rates in the DeFi space. Additionally, Lunex Network prioritizes efficiency and privacy, ensuring seamless token swaps without requiring users to connect third-party wallets, such as MetaMask (METAMASK) and Trust Wallet (TWT).

Currently, in stage 5 of its presale, LNEX tokens are available for purchase at a rate of $0.0019 each. This presents an attractive entry point for early investors looking to capitalize on a promising DeFi platform that combines ease of use, privacy, and affordability in its decentralized trading offerings.

Solana (SOL) price has seen a slight decline this past week, dropping nearly 3% despite trading within a range between $184 and $161. This minor dip comes as the altcoin encountered strong resistance at $185, leading to a reversal in its recent bullish momentum.

However, this latest decline follows a strong monthly surge of nearly 15%, which began in early October and saw Solana (SOL) making higher highs and highs. This trend indicates a robust market foundation for Solana (SOL) despite the current volatility.

Solana (SOL) also saw positive price action on 16 out of 30 days last month, highlighting the sustained demand and rising optimism surrounding the altcoin.

Looking ahead, a November Solana (SOL) price prediction anticipates the altcoin could trade within a range of $165 to $190. This projection is based on the altcoin's recent performance and technicals, suggesting a continued bullish trend for Solana (SOL) in Q4.

BNB (BNB) coin has shown remarkable strength over the past year, surging over 150% and solidifying its place among the top-performing assets in the crypto market. Reflecting a sustained bullish momentum, BNB (BNB) has been trading consistently above $530 within the past month, with a strong support zone at around the $490 mark.

BNB (BNB) indicated strong investor optimism during this period, with a consolidation range of between $612 and $536 and a striking 8% rise. The coin also noted a low price volatility of 2.77%, showing 17 green days out of the last 30, indicating a consistent bullish trend.

A recent BNB (BNB) price prediction anticipates the altcoin could reach $656 in November. This outlook suggests that BNB’s (BNB) strong technical support and the overall positive market sentiment could drive its current bullish trend.

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