Bullish XRP Price Prediction: Ripple Starts Major Uptrend, BNB and LNEX Follow

XRP was expected to record significant rallies after the Ripple Swell 2024 conference, but it is failing to attract new investors. BNB was also facing downward pressure as the token overcame a critical fair value gap (FVG) supply zone. Meanwhile, Lunex Network is recording the biggest gains this week as analysts predict a new all-time high for the token within the next few days. 

XRP Fails to Attract Investors Despite Ripple Swell 2024 Conference

XRP’s price has been facing regulatory pressure ever since the SEC decided to appeal the court’s decision favoring Ripple. This week, the XRP price prediction projected positive movements for the token ahead of the Ripple Swell 2024 conference. Although Ripple announced strategic collaborations with Uphold, Bitstamp, and MoonPay, XRP’s price failed to record any significant price action. 

XRP is currently trading for $0.545 after a minor intra-day increase of 0.73%. XRP’s volume has decreased by 4.06% over the last 24 hours which typically suggests investors are losing interest. If XRP fails to breach the critical $0.60 resistance, it may encounter a massive sell-off in the upcoming weeks.

BNB Faces Critical Supply Obstacle

Binance coin BNB has weathered a significant fair value gap supply zone on its 4-hour chart which ranged between $580 and $590. Since this zone typically restricts upward price movement, the BNB price prediction for Q4 was facing downward pressure. BNB is currently trading at $601 after a minor intra-day increase of 1.68%. 

BNB’s volume has increased by 13.16% over the last 24 hours which could be hinting at a potential rally. Since BNB is trading above all of its key Simple Moving Averages on the BNB/USDT daily chart, BNB’s price could escape the fair value gap soon. If Binance coin BNB’s Momentum Indicator turns bullish, BNB’s price could surge toward the $633.7 resistance in Q4. 

Lunex Network (LNEX) Prepares to Hit New All-Time High Soon

Lunex Network’s bullish momentum is outshining every other token in Q4. In just a few weeks of its launch, Lunex Network has managed to raise nearly 850,000 USDT with its revolutionary strategy to combine decentralized and centralized trading. By launching a non-custodial and multi-chain DeFi exchange, Lunex Network is already poised for a massive 100x rally on the token’s official launch day. 

Lunex Network’s cross-chain exchange offers an incredibly simple UI that aims to streamline the entire trading process. On Lunex Network, traders can select any of the 40,000+ compatible crypto pairs across different blockchains and enter a recipient wallet address to receive their new tokens within the next few minutes. Since Lunex Network uses smart contracts to execute every trade, the platform offers the fastest speeds and lowest transaction costs that are giving existing DEXs like Uniswap and BNB a run for their money. 

With Lunex Network’s smart contracts, traders can maintain full ownership over their digital assets and track all transactions with 100% transparency. Since Lunex Network’s wallet stores tokens directly on the traders’ device, investors can be rest assured that they have the keys to their crypto at all times. 

To make things even better, Lunex Network gives traders a source of passive income through its revenue-sharing model. By reinvesting its profits into open market buybacks of LNEX, Lunex Network distributes staking rewards with up to 18% APY to current holders. Traders can also add more LNEX tokens to their staking pools without losing their initial APY, allowing them to increase their passive income over time. 

Lunex Network is currently in its third presale stage with tokens selling for only $0.0015 each. As Lunex Network gains traction in the DeFi space, analysts believe the token could reach a new ATH by the end of this week. 

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

Lunex Network Website | Lunex Network Socials

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