December Price Prediction for Tron (TRX), Stellar (XLM) Kickstarts Parabolic Rally To $1― While Experts Are Bullish On This New Altcoin

December Price Prediction for Tron (TRX), Stellar (XLM) Kickstarts Parabolic Rally To $1― While Experts Are Bullish On This New Altcoin

Stellar has seen a steep ascent since mid-November. But, that uptrend was briefly interrupted as the broader crypto market followed Bitcoin’s downward cue. After the market returned to the upside on November 27, Stellar broke out of a bullish flag pattern. On the other hand, Tron (TRX) rose from a low of $0.15 to trade above the $0.19 mark.

Meanwhile, Lunex Network is set to redefine crypto trading as we know it. The project introduces a cross-chain exchange that will enhance user experience like never before. Its revenue share model, in particular, offers real passive income, which is a key driver behind its successful presale and expanding community.

Lunex Presale Draws Whale Investments

Lunex Network (LNEX) is a novel DeFi altcoin buzzing with potential. Its ongoing presale has become a favourite destination for investors seeking high returns and reliability in the DeFi market. Behind this growing interest is its revolutionary aggregation protocol, which sources liquidity from multiple exchanges and splits a single trade through various exchanges to get the best possible prices. Its smart contract will verify transactions to ensure accuracy.

This blend of a smart contract approach with real-time information aggregation has enabled Lunex to become a secure and highly efficient trading platform. As more traders become security conscious, Lunex is emerging as the go-to platform since it has eliminated KYC verifications and third-party wallets. These privacy features have minimized the risk of data breaches and ensured personal information is safe during transactions.

Notably, the Lunex presale offers exciting opportunities to maximize their passive income. Users who stake their tokens can earn as much as 18% APY. Once the presale ends, Lunex holders will continue to generate passive income through a revenue-sharing model. So far, LNEX tokens are available at a discounted price of $0.0033. Investors are flocking to its presale to capitalize on this intriguing opportunity before its price soars.

Is XLM Price On The Path To $1?

Stellar price formed a bullish flag pattern, indicating a return to the previous upward movement. Based on its technical outlook, the Stellar coin is leaning towards the upside as several on-chain metrics suggest that the bulls have taken control of the market. Additionally, Stellar open interest in perpetual contracts has risen by 3.2% in the past 24 hours.

This indicates that more investors are forecasting that the value of XLM will continue to rise. DeFiLIama data suggest that its Total Value Locked (TVL) has risen sharply by 63.5% in the past seven days to $56.18 million. Its Relative Strength Index (RSI)  is reading at $53, which suggests a stronger upside potential. The stellar bulls are now targeting the $0.50 resistance level, which is a psychological level.

If the price of Stellar breaks above this level, it will confirm its bullish bias. The Stellar coin has significant support around the $0.48 mark. If it drops below this point, the XLM token could invalidate the upside potential, opening up the path to test the $0.40 level around the last breakout zone before the parabolic.

TRX Price Eyes Breakout Above ATH

The Layer-1 crypto Tron (TRX) has made headlines for its remarkable performance in the past few weeks. The token has rallied from a monthly low of $0.15 to a surge of 22% to retail above the $0.19 range. Despite a brief decline from its month-high of $0.22, attributed to the BTC downtrend, Tron coin has had a great November, and December promises more gains.

According to crypto expert Tutdenizka, the Tron token is on track to break out from its $0.22 resistance level. This region marks an important psychological level that could drive fresh gains. Another notable Tron price prediction indicates that the altcoin could jump above the $0.50 mark, surpassing its all-time high of $0.3 since 2018. The on-chain technical structure aligns with this bullish sentiment.

TRX price has been trading above its 20-day simple moving average and the 20-day exponential moving average. The token has moved on the upper side of its ascending channel, which has existed for three years. This suggests that the price of TRX could continue to rise and reach the psychological level of $1 in the coming months, which would be a 400% increase from its current level.

Which Token Could Reach $1 Soon?

Lunex is a new DeFi crypto with solid fundamentals and massive growth prospects. Its aggregation protocol platform is designed to reshape the $93 billion DeFi market. With a growing user base, Lunex is poised to skyrocket, making it perhaps a better bet than large caps like Tron (TRX) and Stellar (XLM).

Discover the Exciting Opportunities of the Lunex Network (LNEX) Presale Today!

Website: Lunex Network

Socials: Join Lunex’s Growing Community

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The post December Price Prediction for Tron (TRX), Stellar (XLM) Kickstarts Parabolic Rally To $1― While Experts Are Bullish On This New Altcoin appeared first on Crypto News Land.


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