While many top crypto coins are facing price corrections, the underlying trend of the crypto market has remained bullish. According to analysts, altcoins could attempt another breakout before the year runs out.
Tron (TRX) could reach the $0.35 mark. Toncoin (TON) may increase to $10. Meanwhile, Lunex Network (LNEX) has raised over $2.9 million in funding. The DeFi coin, LNEX, has also pumped by more than 110% and could extend its gains as more investors join the DeFi project.
Tron (TRX) Predicted To Surpass $0.30
TRX has been among the top performing DeFi coins in the market this week. It rose from a low of $0.175 to a peak of $0.2073. This momentum revived investors’ interest in the Tron coin. Unfortunately, the rally did not last. It appears many traders took advantage of the gain to book profits. Nevertheless, the cryptocurrency is profitable.
On the 7-day chart on CoinMarketCap, there is a gain of 12.5%. On the 30-day chart, the Tron crypto has a profit of 25.7%. Looking ahead, analysts are expecting a price rally to occur soon.
Kingpin Crypto predicts the Tron price may pump to $0.350 in the coming weeks. He noted that $0.2-$0.22 is the last level of resistance the cryptocurrency might battle with.
Surpassing these levels could pave the way for a massive uptrend. The Average Directional Index (14) and Hull Moving Average (9) are currently in the buy zone and support an upsurge.
Toncoin (TON) Could Pump To $10 If It Holds Major Support
In his recent analysis, VipRoseTr talked about the Toncoin crypto and its price trajectory recently. The analyst noted that Toncoin (TON) is forming a second bullish pennant, which points to further growth.
A breakout from this pattern could lead to targets of $6.10, $8.00, and $10.00. The analyst said the authenticity of this move should be checked with the help of volume indicators and momentum.
Immediate support is found at $5.00; a break below this level could negate the bullish prediction. In the meantime, the value of the Toncoin token is consolidating between $5.20 and $5.80 on the 7-day chart on CoinMarketCap.
Toncoin (TON) has been trying to break out of this region and failed. Still, analysts expect the Toncoin price to break the level in the coming weeks. The token’s Fear and Greed Index is showing Extreme Greed. The Hull Moving Average (9) and VWMA (10) are flashing buy signals.
Lunex Network (LNEX) Hits $2.9 Million, Set for Massive Price Pump
Lunex Network (LNEX) is set to redefine the DeFi market. It has sold millions of LNEX tokens and received over $2.9 million in funding in the past few months. The analysts have noted that the current price of $0.0031 is very cheap and may rise to 18x by the first quarter of 2025.
The Lunex Network is not like other exchanges. It enables users to conduct transactions across different chains with a lot of ease, which makes it easy for users to trade in different blockchains. This integration also makes it easier and more convenient to swap a wider variety of assets.
In addition, Lunex Network has a paid subscription program for those who want additional capabilities. The program called VIP Black Card is open to Lunex Network token holders. This card allows the trader and investors to exchange their cryptocurrency for fiat money from anywhere in the world.
On the other hand, LNEX holders can start receiving their income in a passive way by staking their tokens for at least. They can get up to 18% APY for locking their coins. Along with real-world use, the ability to trade and high staking rewards make Lunex Network a good purchase.
Final Thoughts
Tron (TRX) and Toncoin (TON) have a bright future ahead of them. Also, Lunex Network has received a lot of interest in the past weeks. The project aims to give holders access to unique features and earning opportunities that could transform the market.
You can find more information about Lunex Network (LNEX) here:
Website: Lunex Network
Socials: Join The Lunex Network Community
