The post Analysts Give Short and Long-Term Predictions for Algorand and Lunex Network, Tron Faces Resistance appeared on BitcoinEthereumNews.com.

With the potential price pump in the crypto market in the coming days, analysts have given short and long-term price targets for Algorand (ALGO) and Lunex Network (LNEX). They say the value of AVAX could pump to $0.13 in the short run and $0.25 in the long run.  Similarly, Lunex Network is expected to jump by 1,000% before Q1 2025. On the flip side, the Tron (TRX) coin is struggling to overcome the $0.18 level. Exceeding it may result in a price increase in the future. Algorand (ALGO): Analysts Give Short and Long Term Forecasts The price of Algorand (ALGO) has been in consolidation, as seen on CoinMarketCap’s monthly chart. The Algorand crypto has ranged between $0.11 and $0.13 in this period. However, analysts believe that the market will likely rise in the following weeks. CW, a top analyst, had noted on his page that the Algorand coin is currently in a cup and handle formation. He also put up a price prediction chart that indicated the worth of the virtual currency to rise to $0.13 in the next few hours. Algorand (ALGO) has to surpass the resistance at $0.126441 to reach the $0.13 prediction. Meanwhile, other analysts like Santolita have a more bullish Algorand price forecast. They posted a chart on X, with a potential surge to $0.25.  Lunex Network (LNEX) Set To Rally 10x After Listing Lunex Network (LNEX) has not only reached the remarkable achievement of raising more than $1.6 million in its fifth presale stage. Lunex has been attracting attention for its institutional approach to crypto trading.  Some of the main aspects that have attracted institutional attention include its B2B merchant payment gateway that lets companies easily accept cryptocurrency payments and then convert them into fiat or vice versa. This offering has the potential to fill…

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Filed under: News - @ November 2, 2024 5:17 am