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by huewire
December 8, 2024
in AFRICAN AMERICAN (B), ASIAN (B), INDIAN (B), MIDDLE EASTERN (B), NATIVE AMERICAN (B)
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You are here: Home / News / The Moon Show Makes a $290 Solana Price Target, Cardano Technicals Point to a Good Entry Point As Lunex Network Skyrockets 216%

The crypto space is getting attention again thanks to tokens like Solana (SOL), Cardano (ADA), and Lunex Network (LNEX). SOL has been on fire lately, with market analyst The Moon Show setting a $290 price target for it. ADA indicators are showing a good entry point for buyers, while LNEX is making headlines as a potential game-changing DeFi project.

This DeFi coin is now in its presale run and has soared 216%. As it may disrupt the DeFi market, many experts have it pegged as the next potential 4x token in 2025.

The Moon Show: The Price of Solana (SOL) May Reach $290

Solana (SOL) is currently among the top 10 altcoins. CoinMarketCap shows that the Solana price has jumped from around $180 to over $250 in the past 30 days. In other words, its value soared nearly 30% in just one month.

Crypto analyst The Moon Show also made a bullish Solana price prediction. According to his X post, this altcoin will see a price surge to $290 soon. This is because Solana (SOL) is breaking out to its upside.

The technicals for the Solana coin also show bullish signs. TradingView data displays this altcoin being valued above its 10-day EMA ($235) and 20-day EMA ($232). Plus, its momentum indicator sits at 9.45, which is in the buy zone and suggests this uptrend is continuing.

Cardano (ADA) Price Increases, Technicals Remain Bullish

Cardano (ADA) is another altcoin showing some big price gains. On the one-month chart, the price of Cardano has increased nearly 250% as per CoinMarketCap. During that time, its value moved from around $0.30 to around $1.50.

TradingView data also shows some bullish signs for Cardano (ADA). This crypto coin is currently valued above its 30-day EMA ($0.90) and its 50-day EMA ($0.76). Furthermore, its MACD level sits at 0.15, which is in the buy zone and suggests a good entry point for buyers.

Market expert CryptosRus is still optimistic about the Cardano coin. In a new X post, he told his followers that this crypto coin is now forming an ascending triangle which could lead to a breakout. In his Cardano price prediction, he foresees a surge above $1.50 soon.

Lunex Network (LNEX) Skyrockets 216%, More Jumps Coming

IBS Intelligence predicts the DeFi market will be worth $48B by 2031. Lunex Network (LNEX) aims to capitalize on this growth by launching a crypto exchange connecting isolated blockchains. On it, people will easily trade crypto currencies between all these blockchains. Plus, no sign-up KYC checks will make all traders anonymous.

Interest in this DeFi project is sky-high, with millions of traders rushing to buy its native token, LNEX. This DeFi coin is now in its presale run and has rewarded early buyers with a 216% return. However, this price is rising on a three-day basis, which means more growth will come.

Currently, LNEX costs just $0.0038, but a Tier-1 crypto exchange listing could push this value to $0.0216. In other words, those who buy this DeFi crypto now could see a 468% return, staking rewards, governance voting rights, and more.

Can Lunex Network (LNEX) Soar Like Solana (SOL) & Cardano (ADA)?

Solana (SOL) and Cardano (ADA) could see big price gains soon. However, experts are also bullish for Lunex Network (LNEX). This rookie will have a smaller market cap than its peers. With this development, LNEX may need less money for its price to skyrocket. Thus, experts forecast a potential 4x surge for this DeFi crypto in 2025.

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

Website: https://Lunexnetwork.com

Socials: https://linktr.ee/Lunexnetwork

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