The SUI token managed to break out of a bullish head-and-shoulders price action pattern, which investors mostly use to build long positions. Based on recent Sui price action and historical movements following this breakout, SUI could rally by 60%, targeting the $5.5 region in the coming days. Similarly, Ripple has also seen a significant rally, recording a monthly surge of over 370%.
This considerable growth positions XRP as the third largest crypto by market cap, surpassing the likes of Tether. Its rise has been attributed to the growing regulatory clarity and future XRP-focused investment products. Like Sui and XRP, Lunex Network has also recorded massive gains due to its unique DeFi features. The project is now targeting a new price rally in the next few days, which could see the LNEX token surpass the current 200% rally.
Lunex Network DeFi Features Continues To Attract Major Investors
Lunex Network (LNEX) is quickly gaining traction as more people discover its unique solution to DeFi’s biggest challenges. Unlike most projects, which overpromise but underdeliver, Lunex Network aims to solve core issues like price optimization and liquidity across the DeFi ecosystem. This has made the project the go-to platform for everyone seeking reliability and high returns in the DeFi space.
One of Lunex Network’s main attractions is its robust aggregation protocol. This protocol sources liquidity across multiple exchanges and can even split a single trade to multiple DEXs, guaranteeing users the best possible prices. Lunex’s smart contract plays a crucial role by continuously verifying transactions and ensuring each trade is executed precisely in real time.
This smart contract-backed approach, backed by real-time information aggregations across networks, allows Lunex Network users to access a highly efficient trading system that is secure and optimized for the best results. This feature has already seen the project achieve significant milestones, including a 200% price surge to $0.0036 and presale revenue of over $4.2M.
SUI Breaks Out of a Bullish Head-And-Shoulders Price Pattern
Sui trades above the 200-day EMA on the daily time frame, confirming its uptrend. Its relative strength index suggests the token still has more room for a significant surge in the coming days. Sui’s RSI is at 68, which is below the overbought region.
With such strong bullish indicators, investors have shown massive interest and confidence in the altcoin, as reported by On-chain analytics Coinglass. According to SUI’s spot inflow and outflow data, exchanges have seen an outflow of over $40m in the past week. This notable outflow suggests that whales or investors have moved tokens from exchanges to their wallets, which is a positive sign for SUI holders as it could attract more investors.
Sui price has been hovering within the $3.7 region with a weekly gain of over 7%. This bullish outlook and strong whale activity place Sui’s price movement in a better position for further gains, potentially marking the beginning of a significant rally in the altcoin as it aims for the $5.5 region.
XRP Price Surges By Over 370%: Can It Hit The $4 Price Target?
Ripple’s price is primed for an upward trend in the ongoing market cycle. Crypto analyst Dark Defender highlighted potential interim targets and a support region that could shape XRP’s price movement. His analysis has revealed the importance of key Fibonacci levels in Ripple’s price performance, suggesting that XRP must exceed the $2.92 region to reach its next target of $3.9993.
Failure to do so might push the assets toward crucial support levels of $2.1322 and $1.8815, where XRP price consolidation could occur. He also marked the 261.80% Fibonacci extension as a key resistance point. This level perfectly aligned with Ripple’s price retracement, suggesting a temporary pause on its rally. However, technical indicators showcase a mixed outlook for XRP’s price movements.
The RSI stands at 76, signaling overbought conditions. While this might reflect solid buying pressure, it also increases the possibility of a short-term correction. Moreover, the MACD line above the signal line suggests a positive continuous bullish trend that could push Ripple’s price closer to the $4 region, especially with Donald Trump’s nominating Paul Atkins as the next Securities and Exchange Commission Chairman.
Top December Crypto Investments: LNEX, SUI, And XRP
As Sui and Ripple enjoy better price movements, Lunex Network will follow a similar path with an incoming price surge in the next few days. This surge will push the Lunex price above $0.0036 while representing over 200% ROI to early investors. This has seen the project attract global investors seeking to capitalize on the surge.
Discover the Exciting Opportunities of the Lunex Network (LNEX) Presale Today!
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