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The crypto market is building steam for its next major uptrend. Bitcoin BTC $96 743 24h volatility: 4.0% Market cap: $1.91 T Vol. 24h: $72.16 B surpassing the $100k mark could trigger an altcoin rally. In this rally, many top altcoins are expected to set new ATHs.
Solana SOL $189.2 24h volatility: 5.0% Market cap: $91.45 B Vol. 24h: $5.81 B has set its sights on a new price peak of $400. Also, Chainlink LINK $20.12 24h volatility: 7.2% Market cap: $12.67 B Vol. 24h: $1.04 B is targeting $56, and Lunex Network is set for a pump to $0.1. These potential new all-time highs make these coins the best altcoins to watch in the coming weeks.
Solana (SOL) Ready for Massive Surge: Expert Predicts $400-$600 Price Range
Crypto analyst Jelle notes the Solana token has been creating pressure for the last 8 months in a huge bullish pennant chart pattern. In Jelle’s opinion, this is a perfect setup for a breakout. Given such a bullish technical outlook, Jelle expects to see Solana (SOL) climb to $400-$600 in the near future.
At the moment, the Solana coin is under bearish pressure. CoinMarketCap data shows its price has dropped 4.9% on the 7-day chart. On the 30D price chart, there is a profit of 39.5%.
Jelles Solana price prediction makes it a good crypto to buy. Moreover, the technical indicators of the SOL altcoin have improved in the last month. The Solana token is trading above the 50-SMA at $190.78.
Its relative strength index is above the midline, which means bulls are in charge. So, we might see some upward price movements in the coming weeks.
Chainlink ($LINK) Poised for Explosive Growth: Analyst Predicts Breakout to $56-$100 by EOY
Traderrocko, an analyst, says the Chainlink token is facing resistance at the $20 level. He believes that the price will remain range-bound in this area for the next one or two weeks before it makes another move.
As long as Bitcoin is leading the market, Traderrocko expects Chainlink (LINK) to reach new highs with targets of $56 and even $100 before the year ends. This continued momentum makes the Chainlink coin one to watch for explosive growth in the coming months.
According to CoinMarketCap, the value of the Chainlink crypto is up 18.5% on the 7-day chart. There are profits on higher levels. In the 14days timeframe, LINK is up 34.3%. On the 30-day chart, the cryptocurrency has a gain of 51.1%. The Average Directional Index (14) and Hull Moving Average (9) support a price surge in the future.
Lunex Network (LNEX) Swap Feature Attracts Investors
Lunex Network is building a trading and swapping platform for cryptocurrencies at a low cost on various blockchains such as Ethereum and Solana. This multi-chain capability makes swapping faster and cheaper. Also, the platform rewards LNEX token holders who lock their tokens in the Lunex Network. They can get up to 18% APY.
Additionally, Lunex Network has a service known as Lunex Pro. This is the paid version of this platform with additional features of trading tools and analysis to help make the right decisions for both new entrants and experienced traders.
Apart from the ordinary users, Lunex Network is developed with institutional investors in mind. Its B2B merchant payment gateway allows companies to accept cryptocurrency, which can be converted to traditional money in real time if desired.
Also, there are more than 65 free RPC nodes in Lunex, which helps Web3 development, and it is suitable for businesses and developers who are searching for a reliable blockchain environment. With these characteristics, Lunex Network is positioned as a unique platform in the DeFi market, which will ensure both high speed and high profitability for active users.
Final Thoughts
As Solana (SOL), Chainlink (LINK), and Lunex Network are all aiming for new all-time highs, the crypto market is on the precipice of some great breakthroughs. Smart investors are accumulating these altcoins now that prices are low. LNEX token is currently trading at $0.0033.
You can find more information about Lunex Network (LNEX) on the website and social media accounts.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.