DeFi strategist who predicted Avalanche’s climb

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Although the crypto market is still seeing significant price swings, a DeFi strategist who foresaw the Avalanche (AVAX) surge from $9 to $60 is now looking at Cardano (ADA) and Lunex network (LNEX) for next gains. Although Cardano (ADA) consolidates near a key support level, analysts predict a positive breakout might be just around here.

Lunex Network is a newcomer to the crypto scene but it is already attracting the interest of long-term players. With a lot of features and benefits, Lunex Network is poised to record exponential growth. Having already raised over $650,000 and sold over 520 million tokens, the LNEX token demand is only increasing.

Lunex Network: The Best Place For DeFi Transactions

Apart from giving traders access to tens of thousands of cryptocurrencies across multiple blockchains in one place, Lunex Network plans to offer institutional-level liquidity. This means that traders will be presented with better spreads for their currency pairs and lower fees compared to other platforms. Losing substantial amounts to spreads and fees will trouble traders no more.

Furthermore, this is unlike other decentralized exchanges such as Uniswap, which typically has high fees due to Ethereum gas fees. For high-frequency and large-volume traders, Lunex Network offers some of the lowest fees available on the market. Moreover, Lunex Network also offers a multi-currency staking feature.

As a result, users can stake not just LNEX but also other cryptos like Bitcoin, Ethereum, Dogecoin, and so much more. Additionally, Lunex Network also offers up to 18% APY to those who stake the LNEX token for as little as 30 days. Currently, the LNEX token is selling for only $0.0013 in stage 2 of the presale. Meanwhile, this value is about to increase in the coming days.

Avalanche Price Prediction

The Avalanche price rose more than 5% from $24 to $25 over the last week. Avalanche (AVAX) had hit a value of $27.7 in the week before but bearish pressure caused the crypto to drop. Still, the Avalanche price has managed to show a notable rise of roughly 8% over the last 30 days leaving holders optimistic.

The community view of Avalanche (AVAX) has stayed positive among these price swings, with holders expecting further price rallies in the coming days and weeks. However, the technical signals don’t look fantastic for Avalanche (AVAX) with a more bearish outlook.

On the other hand, a recent Avalanche price prediction projects that the altcoin may be valued at $36 by next month. Looking ahead, some experts estimate Avalanche (AVAX) might range between $26 and $53 over the next 12 months.

Cardano Price Prediction

Over the past week, the Cardano coin (ADA) saw a price decrease of around 2% from $0.34 to $0.33. Meanwhile, the price of Cardano (ADA) had initially broken out to $0.37 the previous week before facing significant bearish pressure.

Over the past 30 days, Cardano (ADA) has also dropped by over 2% despite reaching $0.41 toward the end of September. Despite these bearish price movements, the community sentiment toward Cardano (ADA) has remained positive as holders of the altcoin anticipate a significant rally in the coming weeks.

A recent Cardano price prediction has even suggested that the altcoin could see prices of up to $0.86 in 2025. Technical indicators reveal that the past month was in fact  bearish for Cardano (ADA) but if the $0.33 support holds, we could see a rally toward $0.40 in the coming week.

Lunex Network Set To Surpass Avalanche And Cardano

Amid the notable swings in Avalanche (AVAX) and Cardano (ADA), Lunex Network is gearing up for a 1800% rally. The demand for LNEX keeps on rising as the presale goes on, which makes analysts question if the rally could happen before the end of this year. Don’t miss out. 

*This article was paid for. Cryptonomist did not write the article or test the platform.

Source: https://en.cryptonomist.ch/2024/10/12/defi-strategist-who-predicted-avalanche-climb/