The cryptocurrency market is gaining momentum, and experts such as Crypto Winkle expect huge movements for one of the top crypto coins. Winkle believes that Chainlink ($LINK) could be on the verge of reaching $11 as investors return to the cryptocurrency.
On the other hand, SUI has been given higher targets of $4. Also, analysts forecast a 300% price surge for Lunex Network (LNEX) for 2024, with much higher expectations in the near future.
Chainlink (LINK) Set for Major Breakout As Falling Wedge Pattern Forms
Recently, the famous crypto analyst Winkle shared an exciting analysis on Chainlink (LINK), mentioning that the altcoin could experience a breakout from a falling wedge. This pattern is considered to be a bullish pattern.
For Chainlink crypto fans, this technical formation has created a premise of price surge. Winkle has predicted fresh targets of $17, $19, and $23 in the case of a breakout.
He has noted down significant resistance levels around $22-$24, which may act as barriers to the Chainlink coin. These and the mapped resistance levels present a very significant pattern that indicates an impending turning point for the Chainlink price, which is below $11.
With excitement building around Chainlink (LINK), its price could soar from its current range under $11, according to CoinMarketCap. The cryptocurrency’s technical indicators, like the Hull Moving Average (9) and VWMA (10), are in the selling territory, which is a bearish sign.
Sui (SUI) Could End 2024 At $4, Says Analyst
Sui (SUI) has gained 12% on the weekly chart after ending October on a bearish note, as per CoinMarketCap’s data. The altcoin price had dropped to $1.65 on October 28. Luckily, there has been a price surge and the Sui crypto is picking up the pace.
However, the cryptocurrency’s Hull Moving Average (9) is still showing a sell signal, which is a bearish sign. However, Crypto Man is bullish about the Sui coin. The analyst notes that the cryptocurrency has outperformed both Solana and Ethereum in terms of inflows.
The analyst told his followers the Sui token has hit rock bottom and could rally to 2.1. In terms of short-term movement, Crypto Man says Sui’s (SUI) price might reach $4 before the end of the year. Also, he forecasted a long-term price target of $10.
Lunex Network (LNEX) Could See 300% Surge By Year End
Lunex Network is a very promising trading platform that combines protection, convenience, and financial incentives – all of which make Lunex Network an excellent choice for users who want a top DeFi project to join. Lunex Network has stellar numbers in presale, raising over $1.9 million, while the LNEX token has risen in value from $0.0012 to $0.0019.
Many analysts predict an increase of 300% in the next few weeks. One of the differences among the services offered by Lunex is the no-KYC policy that prevents users from providing personal information for trading and managing assets. This feature focuses on privacy and provides the user with an opportunity to get through the platform, being completely anonymous.
The biggest advantage of the no-KYC model is that traders get the security and convenience of trading without having to go through lengthy know-your-customer procedures that many exchanges include. The other unique selling point of Lunex is its cross-chain trading platform that will allow trading more than 50,000 tokens across multiple blockchains.
This integration enables traders to deal with a variety of assets using different portfolios leading to a single wallet or exchange, thus reducing costs. Lunex Network is an all-in-one platform that provides an easy-to-navigate interface and maximally improves the conditions of the DeFi space in terms of both flexibility and convenience.
Final Words
Analysts are bullish about the future of Chainlink (LINK), Sui (SUI), and Lunex Network (LNEX). While LINK could soar to $27, SUI and LNEX are expected to see massive gains before the end of the year. Analysts forecast the value of the LNEX token could soar by 300%, making it one of the best coins to invest in.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
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