XRP’s price consolidated after attempting to breach the $3 resistance level. Recent bull market trends pushed the price of Ripple toward the $2.9 mark before retreating above the $2.5 level. Since then, it has been hovering between a narrow range of $2.4 and $2.6, sparking discussions of a potential $3 barrier breakthrough.
At the same time, just days after securing a 200% return, Lunex Network’s holders anticipate another price increase this week. It’s no wonder its presale campaign has experienced an influx of buying pressure as forward-thinking investors capitalize on this intriguing opportunity before the Lunex price soars further.
Lunex Network: The Game Changer That DeFi Needs
Lunex Network is a DeFi hybrid project that offers innovative features for a faster yet secure trading experience. To eliminate the common problems in the DeFi sector, Lunex Network focuses on high TPS and better cross-chain interoperability, allowing for easy swaps across more than 50K assets and 40+ blockchains at the lowest possible fees.
The project also guarantees its LNEX holders a passive income stream. Through its revenue-sharing model, a percentage of the platform’s profits will be allocated to buying back the LNEX tokens from the open market and redistributing them to token holders. Holders will have a chance to enjoy up to 18% APY. This feature has already led to high demand for the LNEX token, pushing its price to $0.0038, representing a 200% rally.
Moreover, the project has also eliminated KYC checks, giving traders who wish to remain anonymous a better chance. Its AI-powered portfolio tracker, showing real-time market insights based on data analytics, also provides new entrants and professional traders with a chance to make calculated decisions.
XRP Faces Resistance at $3: Going Headlong
Ripple (XRP) has experienced incredible growth in the past few days but now faces resistance at the $3 level as sell-off pressures intensify. While resistance looms at the $3 level, XRP’s pricehas formed solid support at lower levels. Market pundits have remained cautiously optimistic about the price of XRP.
The current momentum could set the stage for future rallies, fueling discussions of the possibility of the XRP coin hitting the $5 mark. The on-chain technical indicators suggest a positive outlook for the XRP coin. Based on the Elliott Wave Theory, the XRP token is in wave three of five, a phase historically associated with sharp parabolic runs.
This theory highlights that the XRP token could jump to $5.80 in December. While the $5 price target remains speculative, XRP’s positive price outlook and favorable market trends could fuel massive gains. However, inherent market volatility could sway its prices drastically. The $3 resistance level has become crucial for XRP’s next big move.
Can LNEX Emulate XRP Price Movements?
As the crypto market heads to explosive 2025, most cryptos, including Ripple, are set to continue recording impressive gains. However, for investors seeking safe returns, Lunex Network stands out. The project has already hit over $4.5M in presale revenue, with the new target being $5M. The project aims to achieve an 18x price surge before its official launch.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
