The crypto market is currently witnessing an upsurge after a long consolidation period. The prices of major altcoins like Ripple (XRP) and Lunex Network (LNEX) have risen to long-term highs.

Robinhood has also just relisted XRP back to its platform. This move has fueled positive sentiment among investors. Lunex Network (LNEX) is another trending altcoin leveraging the bull market as it prepares for a potential rally to $1. 

Ripple (XRP) Price Soars As Positive Sentiment Floods the Market 

Robinhood’s latest announcement has brought positive sentiment back to the Ripple (XRP) community. The price of the cryptocurrency has risen by 28.1% in the weekly timeframe. It is also up 37.6% on the biweekly chart and 30.6% on the monthly timeframe.

The massive gains for Ripple (XRP) began after the election victory of Donald Trump. The President-elect has promised to introduce more favorable regulations to the crypto space by changing the SEC Chairman.

Currently trading above the $1.15 region, analysts are optimistic about the Ripple coin. They say its price could increase as adoption rises and favorable regulations enter the cryptocurrency market. 

Rafageo Rafael expects the Ripple price to reach $0.99 in the next few weeks. Another analyst called Guy on the Earth predicts the value of the Ripple crypto may rise to $1.35.

According to him, the token is trading in a rectangle and could break out anytime soon. A trader, ChartMonkeyBTC, is bullish about Ripple’s (XRP) price and has taken a long position at $4.8. 

For now, the sentiment surrounding the technical indicators of the Ripple token is bullish. The VWMA (10) and Hull Moving Average (9) are in the buying territory, which is a bullish sign. 

Lunex Network (LNEX): Analysts Forecast Potential Rally To $1

Lunex Network ($LNEX) is creating a buzz in the DeFi market as it progresses through an attractive presale, raising over $2.5 million. This is because as more and more people gain interest in Lunex, analysts have predicted that $LNEX could rise to a value of $1. Lunex Network is creating a very versatile cross-chain trading system where users can trade over 50,000 assets in multiple blockchains. 

This cross-chain compatibility allows users to diversify their investments without having to use multiple wallets or exchanges, which makes Lunex ideal for traders who seek convenience and efficiency. Thus, Lunex could become one of the best DeFi projects in the market. Lunex Network also has enticing financial rewards for those who own $LNEX tokens. 

With staking, users can get up to 18% APY, which means they create passive income with good opportunities for further increase. Also, the platform has a feature of sharing its income with the $LNEX holders, making people interested in Lunex’s progress. 

Lunex offers a new portfolio tracker that lets you see a detailed overview of your investments, whether in cryptocurrencies or stocks and ETFs. This makes asset management and tracking easy. Users don’t have to switch from one platform to another to track all their assets. The projected value of $1 could happen because Lunex Network is starting to get people’s attention as the all-in-one, adaptable, and cutting-edge DeFi project.

Based on analysis, Ripple (XRP) and Lunex Network could see massive gains in the coming months. Analysts are bullish about their price trajectory and have dubbed them the best cryptos to buy now. Besides, investors’ interest in Lunex Network has been massive. They have raised over $2.5 million for the project to advance its operations and add more features. 

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

Website: https://lunexnetwork.com

Socials: https://linktr.ee/lunexnetwork