Lunex Network is gaining traction as it approaches a critical resistance level, signaling growing bullish momentum in the crypto market. As investors closely monitor this development, the performance of other tokens, like Dogecoin (DOGE) and POPCAT, comes into question. Will these popular cryptocurrencies maintain their upward trajectory amid Lunex Network’s rise?
Dogecoin (DOGE) Showing A Strong Buy Signal
The recent dip in Dogecoin’s price has led to questions about its ability to maintain a bullish fourth quarter. However, Dogecoin’s impending price recovery is causing optimism in the DOGE community. Dogecoin presently trades in a weekly range from $0.11 to $0.14, up over 23% from last week and over 33% from last month.
This trend is bringing Dogecoin closer to its six-month all-time high of $0.22. Market analysis indicates this may continue for Dogecoin into the fourth quarter. Technical indicators like the 20, 50, and 200-day moving averages offer a buy signal for Dogecoin.
Popcat (POPCAT) Sees 13% Increase In Seven Days
Popcat coin has seen a weekly increase of about 13%, rising from $1.2163 last Wednesday to its current price. However, this is not Popcat’s weekly high, as the project briefly reached $1.46 just hours ago. The daily chart indicates that the resistance at $1.45 has proven too strong for POPCAT to overcome. Yet, both the 7-day and 30-day charts reveal that the real resistance level lies at $1.40.
Throughout October, POPCAT made five significant attempts to break this level. While it successfully breached $1.40 multiple times, it failed to convert it into a support level. Each time, the price was eventually rejected back to a support level of $1.20. Currently, it seems that a sharp drop to this level might be avoided.
Lunex Network (LNEX) Eliminates The KYC Issues Associated With CEXs
Lunex Network (LNEX) is a trading platform that respects users’ privacy. In contrast to any other exchanges, it lets users trade without supplying personal data or identification documents like passports and driver’s licenses. This no-KYC approach eliminates the hassle of registering on centralized exchanges and lets users remain fully anonymous.
Lunex Network also simplifies trading by removing the need to connect third-party wallets like MetaMask or PhantomWallet, which can be risky. By eliminating these steps, Lunex Network speeds up token swaps and enables cross-chain trading at the click of a button. This feature prevents delays that can lead to missed trading opportunities, making the platform appealing to security-conscious traders.
The crypto market is expected to rise again, driven by tokens like Lunex Network (LNEX). Experts believe Lunex Network could deliver faster returns due to a smaller market cap compared to its competitors, meaning it requires less new capital for significant growth. As a result, experts predict that Lunex Network could see a 50x surge on its launch day, making it a potentially high-reward investment.
Now, Lunex Network is in the fourth stage of its ICO at $0.0017. According to experts, its price might reach $1 by Q1 2025, making now a great time to get involved.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
Disclaimer and Risk Warning
This article is a sponsored press release and is for informational purposes only. Crypto News Land does not endorse or is responsible for any content, quality, products, advertising, products, accuracy or any other materials on this article. This content does not reflect the views of Crypto News Land, nor is it intended to be used for legal, tax, investment, or financial advice. Crypto News Land will not be held responsible for image copyright matters. Readers are advised to always do your own research before making any significant decisions.
The post This $0.0017 Altcoin Approaching Key Resistance As Bullish Momentum Builds Up, Can DOGE & POPCAT Maintain? appeared first on Crypto News Land.
Earn more PRC tokens by sharing this post. Copy and paste the URL below and share to friends, when they click and visit Parrot Coin website you earn: https://parrotcoin.net0
PRC Comment Policy
Your comments MUST BE constructive with vivid and clear suggestion relating to the post.
Your comments MUST NOT be less than 5 words.
Do NOT in any way copy/duplicate or transmit another members comment and paste to earn. Members who indulge themselves copying and duplicating comments, their earnings would be wiped out totally as a warning and Account deactivated if the user continue the act.
Parrot Coin does not pay for exclamatory comments Such as hahaha, nice one, wow, congrats, lmao, lol, etc are strictly forbidden and disallowed. Kindly adhere to this rule.
Constructive REPLY to comments is allowed