Ripple 400% Surge Shakes the Market, Lunex Network Pumps 200%, Solana Targets $400
The post Ripple 400% Surge Shakes the Market, Lunex Network Pumps 200%, Solana Targets $400 appeared on BitcoinEthereumNews.com.
The crypto market is experiencing explosive movements, with Ripple (XRP) being in the frontline, having risen by an astonishing 400%. In parallel to this outstanding growth, Lunex Network (LNEX) has increased by 200% and has attracted the interest of traders and investors. Experts predict that the price of LNEX could rise by 18x in the following months. In other news, the Solana coin could rise to $400 soon. The altcoin had been on a downward trend in the past one week. Solana (SOL) Predicted To Reach New Peak Analyst Jelle notes that Solana (SOL) is forming a falling wedge pattern near the 25-EMA. A breakout could lead to a massive rally in the coming weeks. The expert also said the Solana coin is testing the mid-level of the RSI once again. According to Jelle, these technical indicators imply that the Solana token is likely to continue its upward price movement. They forecasted a price target of $400-$600. Another expert called ScryptoTrader.eth predicts the Solana price could increase to $500. However, his charts show the altcoin must remain above the crucial support at $225. Meanwhile, Solana’s (SOL) price is well above $200, but data obtained from CoinMarketCap reveals that it has dropped by 1.7% in the weekly chart and 9.2% in the biweekly timeframe. Its Fear and Greed Index is pointing to Extreme Greed. This means that investors are still positive about the cryptocurrency and its prospects in the future. Ripple (XRP) Shows Massive Gains The Ripple coin is one of the most performing tokens in the market currently. The Ripple crypto surprised market spectators when it increased from a low of $1.34 to a weekly high of $2.82, per CoinMarketCap. The token has given investors more than 400% returns in the last month. If this continues, the DeFi token has…
Filed under: News - @ December 7, 2024 1:12 pm