Pepe and Floki are both poised for big gains in Q4 but they are still vulnerable to uncertain market conditions. Meanwhile, traders are switching to Lunex Network’s new DeFi project ahead of Q4’s altseason.
What you'll learn 👉
Analysts Predict a Pepe (PEPE) Breakout in Upcoming Weeks
The PEPE coin has been trading in the red zone throughout the last seven days which is typically considered a sell signal. However, Pepe’s medium-term price chart is now forming a pennant shape which could be hinting at a massive breakout in upcoming weeks. As Pepe’s 30-day Simple Moving Average gets closer to falling below the 200-day Simple Moving Average, analysts are positive about Pepe regaining bullish momentum soon.
Pepe is currently trading for $0.000009938 after an intra-day decrease of 2.25%. Pepe’s volume has also decreased by 24.70% over the last 24 hours which suggests declining network activity. However, Pepe is currently trading above its 50-, 100-, and 200-day Simple Moving Averages which could push PEPE coin’s price towards the $0.00001282 resistance soon.
Floki’s (FLOKI) Open Interest Paints an Optimistic Picture
Floki’s price was poised for a massive rally last week but the meme coin suddenly encountered selling pressure that pushed Floki’s price down to the nearest support. Since the selling pressure has cooled off now, Floki is ready to target a new high before the end of Q4. These bullish predictions are fueled by Floki’s Open Interest which currently stands at $21.59 million.
Floki is currently trading for $0.0001481 after an intra-day decrease of 1.43%. Floki’s volume has also decreased by 17.10% over the last 24 hours which means last week’s profit-taking sentiment has finally come to an end. Since Floki is currently trading above all of its key Simple Moving Averages, Floki’s price could test the $0.0001830 resistance in upcoming weeks.
Lunex Network’s (LNEX) Utility Token Makes Waves in DeFi Space
Lunex Network might be a newcomer in the DeFi space but it is already positioning itself as a market leader with its revolutionary features. By launching a Web3-backed exchange that allows traders to swap tokens across different blockchains, Lunex Network is kicking off a new era of simplified crypto trading. Since Lunex Network’s demand soars to new highs every week, analysts are already tipping at a huge 1,800% price surge for LNEX by the end of the token’s presale.
Instead of relying on third-party cryptos, Lunex Network’s interconnected ecosystem is powered by the platform’s native $LNEX token. Since Lunex Network has a revenue-sharing mechanism, LNEX holders can receive a consistent passive income through staking rewards with up to 18% APY.
The best part about these rewards is that traders can start reaping gains in as little as 30 days and even add more tokens to their staking portfolio without losing the initial APY. If that wasn’t enough, then Lunex Network’s long-term holders can also unlock exclusive discounts on transaction fees and access premium features such as liquidity mining and node leasing.
Since LNEX has deflationary tokenomics and a capped supply of 8 billion tokens, Lunex Network’s price is expected to skyrocket as soon as demand exceeds supply. All merchant listings and transaction fees are paid in LNEX which creates natural buying pressure for Lunex Network over time.
Considering these impressive tokenomics, Lunex Network’s current selling price of $0.0017 is a huge opportunity for savvy traders. As Lunex Network draws closer to the $1.5 million milestone, analysts are already tipping at a massive price surge within the next few days.
You can find more information about Lunex (LNEX) Network here:
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