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XRP enhances utility; Solana rebounds from sell-off. Lunex Network’s presale advances to phase 2, anticipating significant gains in Q4.
XRP is focused on enhancing its utility while Solana is rebounding from a sell-off by investors. Concurrently, Lunex Network is geared up for substantial gains in Q4 as the new exchange-focused token quickly progresses to phase 2 of its presale.
XRP and Mastercard collaboration sparks bullish trend
As XRP’s legal disputes with the SEC near resolution, the cryptocurrency fundamentally required ecosystem enhancements to draw in new investors. In light of this, XRP announced a collaboration with Mastercard aimed at utilizing the cryptocurrency for swift and cost-effective transactions. This partnership is expected to bolster XRP’s global adoption, prompting analysts to predict an impending bullish rally for the token.
XRP is currently trading at $0.06195 after a decrease of 4.85% during the day. The token is above its moving averages, and the RSI is well within a range indicating potential for further growth. Should the bullish momentum continue into Q4, XRP may test the resistance level at $0.7586 soon, bringing it closer to its all-time high of $3.84.
Solana investors set for substantial gains in Q4
Recently, Solana’s daily chart exhibited a bearish divergence, causing a notable drop in the token’s price. However, this retreat is anticipated to be brief as Solana continues to display signs of bullish momentum. Currently trading at $154.98, Solana experienced a minor daily dip of 1.91%.
With reduced selling pressure, Solana’s trading volume increased by 3.58% today. As this pressure subsides, the token is expected to maintain its upward trajectory throughout Q4. Solana’s MACD is currently above the signal line, suggesting a potential bullish reversal. If these trends hold, Solana could approach the upper resistance level of $168.83 in the coming weeks.
Lunex Network’s cross-chain exchange draws significant investor interest
While XRP and Solana currently rank among the crypto Top 10, analysts predict that Lunex Network (LNEX) will surpass both in Q4. Within just a week of launching, Lunex Network successfully completed the first phase of its presale, raising over $450,000. If this upward trend continues, Lunex Network has the potential to become a leading DeFi Protocol by 2025.
The influx of new investors into Lunex Network is attributed to the platform’s innovative cross-chain functionalities, which facilitate trading across various blockchain networks. On Lunex Network, traders can instantly trade more than 50,000 crypto pairs from different blockchains without relying on third-party wallets that may compromise their security.
With a commitment to user experience and privacy, Lunex Network features a unique no-KYC policy, allowing traders to preserve their anonymity during transactions. Instead of providing personal information, traders can access Lunex Network’s mobile exchange, select crypto pairs to swap, and provide their own wallet address to receive new tokens immediately.
In addition to trading, Lunex Network offers utility through its native LNEX token, which can be staked for rewards of up to 18% APY. Given this opportunity for passive income, it’s no wonder traders are racing to participate in Lunex Network’s presale before prices rise further. Currently, tokens are offered for just $0.0013 each, with analysts anticipating a potential 1800% price increase in Q4.
For more details, visit the official Lunex Network website or join the online community for the latest updates.
Disclosure: This information is provided by a third-party source. crypto.news does not endorse any products mentioned on this page. Users are encouraged to conduct their own research before making any decisions related to the company.
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