Analysts Bullish on Dogecoin and Lunex Network Hitting $1, Near Protocol Eyes $6 Target

Momentum has returned to the crypto market with many top altcoins soaring to multi-month highs. Analysts forecast the value of these altcoins, Dogecoin (DOGE) and Lunex Network (LNEX) might rally to $1 in the coming months. At the same time, Near Protocol (NEAR) has its focus on the $6 price level. 

As these three coins grab attention, smart traders are already picking their bets. Despite being a presale token, Lunex Network has the potential to give 20x profit in the coming months. Let us see why. 

Dogecoin (DOGE) Price Skyrockets

The crypto market has been trailed on Dogecoin (DOGE) this week, which has seen a massive spike in its value. The memecoin was ranging between $0.099 and $0.118 on the monthly chart on CoinMarketCap, but has skyrocketed lately. The Dogecoin token has increased by 35% on the weekly chart.

Besides, the sentiment around the cryptocurrency is bullish based on the moving averages. The Dogecoin crypto price is trading above the 50-SMA ($0.107869) and 200-SMA ($0.120363). This is a bullish sign and supports an uptrend.

Analysts like CredibleCrypto and CryptoChimpanz are very bullish about the Dogecoin crypto. They say its price could pump to $1 in the coming months. Meanwhile, Ali Martinez says Dogecoin (DOGE) could reach an all-time high of $10 in the coming months. 

Near Protocol (NEAR) Price Prediction 

In the past 30 days, the price of Near Protocol (NEAR) has been consolidating between $4 and $6. This ongoing consolidation comes after the Near Protocol price soared to a yearly peak of $8.82 in March 2024.

While Near Protocol (NEAR) has gains of 18% on the monthly level and 375% on the yearly chart, according to CoinMarketCap data. Analysts are expecting it to rally to new levels in the coming weeks. The Near Protocol crypto is trading between the 50-SMA ($4.58) and 200-SMA ($5.05). 

The Near Protocol coin must cross the upper level in the next trading sessions to increase its chances of reaching $6 soon. Coincodex forecasts suggest that the value of Near Protocol (NEAR) could reach $6.63 by November.

Lunex Network (LNEX) Pays Attention To Privacy 

Lunex Network (LNEX) is a revolutionary easy-to-use trading platform that cares about users’ privacy. This approach makes it different from the competition in the crypto exchange sector. On Lunex Network, users can trade without sending their personal information like passports or driver’s license. 

This no-KYC approach removes the stress of registering on other platforms, especially the centralized exchanges and allows users to operate in full anonymity. Also, Lunex Network makes trading easier as there is no direct connection of the wallet to third-party wallets such as MetaMask or PhantomWallet, which can be risky.

Taking out these barriers improves the speed of token swaps. Besides, users can swap across different blockchains and networks at the click of a button. This helps users avoid the latency issues that can result in missed opportunities, making Lunex Network a much more appealing choice for traders with users being fully responsible for their wallets and funds. 

This feature would be most useful for traders who are interested in security. Lunex Network is currently in the fourth stage of its crypto ICO and is priced at $0.0017. Analysts expect a rally to $1 for LNEX before Q1 2025. All in all, Lunex Network is perfect for both beginners and experienced traders who want to enjoy smooth token swaps.

The Best Coins To Invest In: Dogecoin, LNEX, or Near Protocol

While Near Protocol appears to be on its way to $6, Dogecoin and Lunex Network (LNEX) are set for bigger gains. Analysts predict DOGE and Lunex Network will surge to new heights in the coming weeks. Smart investors are already taking their positions.

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Source: https://www.crypto-news-flash.com/analysts-bullish-about-dogecoin-and-lunex-network-reaching-1-near-protocol-targets-6/?utm_source=rss&utm_medium=rss&utm_campaign=analysts-bullish-about-dogecoin-and-lunex-network-reaching-1-near-protocol-targets-6