With Bitcoin on the door of $100k, the optimism regarding the crypto space is through the roof at the moment. Therefore, top altcoins like Binance Coin (BNB) are anticipated to leap to fresh ATHs in the coming weeks.
CryptoBull_360 predicts the cryptocurrency could cross the $700 mark soon. Meanwhile, Lunex Network is recording more interest in its ongoing cryptocurrency ICO, raising over $3 million in funding and giving early investors a high return!
Binance Coin (BNB) Defends Major Support Level
Binance Coin (BNB) is struggling to maintain the $600 support level. Bears have taken several dives in the region but bulls have stood their ground. This resilience makes the Binance Coin crypto one of the coins to watch for a possible breakout.
Data from CoinMarketCap shows the Binance Coin price is consolidating between $600 and $650 in the past week. In the 7-day timeframe, the cryptocurrency has a profit of 1.4%. On the 14-day chart, there is a gain of 7.1%.
Looking ahead, the Binance Coin token has a lot of room for growth. CryptoBull_360 told his followers the cryptocurrency was about to leave the train station. They posted a chart that showed BNB rising to a peak of $780.
Another analyst called VipRoseTr says the altcoin has completed a corrective pattern and is now preparing for a breakout. They gave three potential targets. The first and second are $743.52 and $907.72. The third is $1,048.67.
However, VipRoseTr argues that Binance Coin (BNB) must drop to $508 before starting this uptrend. If the DeFi cryptocurrency regains momentum, it could overtake Solana to reclaim its 4th position on the crypto ladder.
BNB’s Stoch RSI (14) is showing a buy signal which is a bullish sign. The Fear and Greed Index is currently showing Extreme Greed.Â
Lunex Network (LNEX) Price Pumps To New High
Lunex Network (LNEX) is making waves in the world of DeFi with its presale. The price of the $LNEX token has increased to $0.0031. Analysts expect a 10x surge for Lunex Network in the coming months. The main advantage of Lunex is that it provides unique opportunities for its users.Â
The absence of KYC requirements means that everyone on the platform can freely participate in trading processes and avoid strict identification checks. This approach also ensures privacy is kept which is something many people require today.
The second is Lunex’s cross-chain trading function where users can swap more than 50,000 tokens across blockchains. This integration allows users to invest in different assets without moving to different platforms. Such an approach promotes efficiency, lower trading costs, and improves access to opportunity across multiple blockchain environments.
Moreover, Lunex also proved it has a strong revenue-sharing system because the more $LNEX tokens people hold, the more they will earn in the end. Lunex uses part of the platforms’ revenue share to incentivize stakes in the community. It also ensures that everyone on the platform benefits from its growth.
With these features and a successful presale, Lunex Network has every chance of becoming one of the top DeFi projects in the industry. Its focus on privacy, efficiency, and providing users with rewards make it a platform to look out for.
Final ThoughtsÂ
As Binance Coin (BNB) aims for $700, Lunex Network is set to revolutionize the DeFi space with its unique features and respect for privacy. Analysts forecast the value of LNEX could rally to new levels in the months ahead. They have tagged it as the best crypto to buy for investors who want to see high returns in the future.
You can find more information about Lunex Network (LNEX) here:
Website: Lunex Network
Telegram: Join Lunex’s Growing Community
