After a terrific performance in October, analysts are expecting Solana (SOL) to drop another bullish performance in November.
Cryptocurrency is a digital asset designed to work as a medium of exchange that uses cryptography to secure its transactions, control the creation of additional units, and verify transfers. It is a decentralized system. In this article, we will be discussing the potential price movements of Solana (SOL) and Lunex Network (LNEX) in the month of November and how they could be the best altcoins to buy for profits this month.
Solana (SOL) Targets $220-$240 Range in November After a terrific performance in October, analysts are expecting Solana (SOL) to drop another bullish performance in November. Solana (SOL) ended October with a monthly peak of $182, according to data from CoinMarketCap.
Currently, the Solana coin is trading between $158 and $185 on the weekly chart. Its price has dropped by 8.1% on this timeline. However, analysts are still optimistic about the cryptocurrency. One such analyst is Shelby.
Shelby posted a Solana price chart, which showed the coin soaring to the $220-$240 range. Also, TraderSZ gave four potential targets that Solana (SOL) could smash in the coming weeks.
The first target is $173.04, while the second is $183.44. The third target for the Solana crypto is $193.85, and the fourth is the April high of $204.25. If the bullish momentum remains, we could see the altcoin price setting a new all-time high this month.
The current peak stands at $260.06. Meanwhile, Solana’s (SOL) technical features look upwards and can support these potential rises. SOL is located above the 200-SMA currently positioned at $151.40 as well as the 50-SMA currently positioned at $153.30, indicating that bulls are in control.
The Potential 50% Rise in Lunex Network (LNEX) and $500,000 Giveaway Attracts Investors Lunex Network (LNEX) is a platform that enables users to swap over 50k tokens at a small cost. It is an exchange platform that does not hold users’ funds and private keys. This option is good for those who value security and appreciate blockchain technology.
Lunex Network has no KYC (Know Your Customer) forms, meaning users can start trading without personal identification. This approach is a quick way to sign up suitable for users who do not want to disclose their personality in trading. By removing the use of passports, licenses, or any identity cards, Lunex provides an easy and safe platform for those who want to trade anonymously.
The platform has a native token called LNEX. Holding $LNEX also allows users to earn up to 18% APY, a great opportunity for passive income. Additionally, token holders can also get a discount on using the services of the platform and get a percentage of the revenue within the Lunex ecosystem, increasing the value of the $LNEX token as the asset within the platform.
Lunex Network is in the crypto ICO stage, and the token costs $0.0019. The project’s funding has increased to $1.9 million and could reach $2.5 million before this month runs out. Analysts predict the value of Lunex’s LNEX could increase in the coming weeks. They have predicted a potential price surge of 50%.
Due to privacy, security, and financial incentives, Lunex Network has the potential to become a promising DeFi project in the crypto-verse. Meanwhile, Lunex Network’s $500K Giveaway is still ongoing. The maximum prize stands at a whopping $100k, with over 80 chances available for users.
Conclusion This month of November is expected to be a significant one for both Solana (SOL) and Lunex Network. Analysts forecast the price of Solana (SOL) could soar to $240. Lunex Network might give investors up to 50% returns on their investments. Such potential gains make them the best altcoins to buy for profits in November.
You can find more information about Lunex Network (LNEX) here: Website: https://lunexnetwork.com Socials: https://linktr.ee/lunexnetwork
This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on information presented in this article.
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