Solana Bulls Eye $200 As Binance Coin Fails To Cross Major Resistance for the Third Time

There is positive movement across the crypto market. Many altcoins are in the green territory. The bulls are still in control, and SOL, Solana’s native token, is targeting $200 for the first time since April.

Meanwhile, Binance Coin is (BNB) has successfully crossed a major resistance level at $610. This vital level has prevented BNB from advancing in the market in the past month but investors are extremely bullish as it breaks this level..

Solana (SOL) Claims 4th Position on Crypto Ladder As Bulls Eye $210

From a weekly low of $155, the Solana coin has surged above $205, overtaking Binance Coin (BNB) as the 4th largest cryptocurrency. The token market capitalization is ranging between $73 billion and $97 billion in the weekly chart on CoinMarketCap.

Regarding the change in the price, Solana (SOL) has an increase of 25% on the chart for 7 days. It is also bullish on the biweekly and the monthly timeframe. In the future, analysts suggest that the price of the Solana crypto will trend in the following days.

ETEM KILIC predicts the token might surge to $300. Also, Pentoshi told his followers that crossing the $200 mark could lead to a price surge for Solana (SOL). The analyst forecasts the Solana price may reach a long-term target of $420.69.

Binance Coin (BNB) Third Attempt To Cross $610 Resistance Fails Again

Binance Coin (BNB) showed an overwhelming performance recently following the results of the US election. The price of the Binance Coin crypto soared from a weekly low of $550 to $634, according to CoinMarketCap.

With the price surge, bulls conquered the resistance at $610, causing the price of Binance Coin (BNB) to rocket to the $630 level. The $610 has been a major obstacle to the upward movement of the Binance Coin token.

Meanwhile, CryptoDoc forecasts the value of BNB could increase to $700 if it surpasses the current resistance. Another analyst, TraderSZ, forecasts a potential rally to $693.

Lunex Network (LNEX) Cross-Chain Feature Gains Attention

Lunex Network, a new DeFi project, is gaining attention for its innovative approach to cross-chain crypto swaps and seamless user experience. Built on the Ethereum network, Lunex Network addresses the biggest challenges in DeFi: security, privacy, slow transactions, and high fees.

Lunex simplifies token transfers with an instant, single-process exchange that is user-friendly. With Lunex Network, people can swap over 50,000 cryptocurrencies with low fees and no need for third-party wallets or KYC. Low cost and no-KYC structure is favorable to users because it keeps the trading anonymous and less costly, thus suitable for active traders in the market.

Lunex Network provides LNEX token holders with a revenue sharing system: a part of trading income is used to repurchase $LNEX tokens from the market and distribute them to the stakers. This model provides a passive income stream for investors and has attracted strong interest, with Lunex raising over $2 million in presale.

As of now, the LNEX token can be purchased at a rate of $0.002. Pundits expect this value to grow tenfold in the next few months, which makes it the best crypto investment today. Lunex Network is gaining the attention of intelligent investors who understand the potential of the project in revolutionizing the DeFi market through efficient cross-chain solutions.

You can find more information about Lunex Network (LNEX) here:

Website: Lunex Network
Socials: Join Lunex’s Growing Community

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