Wed, January 8

Litecoin Breaks Multi-Year Bull Pennant, $300 Incoming? Lunex Network to Outperform Polkadot 3x Surge

Litecoin Breaks Multi-Year Bull Pennant, $300 Incoming? Lunex Network to Outperform Polkadot 3x Surge Market News

Despite being one of the closely related derivatives of Bitcoin, Litecoin (LTC) has not recorded as much popularity as BTC. However, for the first time in a year, LTC formed a multi-year bull pennant that could lead to a massive rally towards $270-$280, according to MarcFcee.

Polkadot (DOT) is one of the top crypto coins getting ready for a massive 3x price pump. However, Lunex Network‘s potential price pump to $0.5 due to its potentially disruptive impact on the DeFi world far outshines DOT’s gains.

Litecoin (LTC) Forms Bull Pennant, Price Rally To $280 Imminent

On the monthly price chart of CoinMarketCap, the Litecoin (LTC) price has doubled. While the Litecoin price has crossed $140 for the first time since January 2022, top analyst CryptoSurf has shared a positive sentiment that could lead to bigger gains.

According to CryptoSurf’s chart, the Litecoin crypto has formed a multi-year bull pennant. A pennant pattern is a confirmation after a sharp increase in price. 

A popular figure in the DeFi space, MarcFcee, the Litecoin token could skyrocket over the next few weeks. According to his analysis, the next resistance for Litecoin (LTC) is at $270-$280, a further increase of more than 100%, making it one of the altcoins to watch.

Polkadot (DOT) Prepares for Breakout, Readies for 3x Price Surge 

The Polkadot crypto has been on its greatest rally in recent months on the 30D chart, with the price increasing over 160 percent. According to CoinMarketCap data, DOT now comfortably trades above $10 for the first time since early 2024.

While Polkadot (DOT) has had a massive price increase recently, it still remains 81% lower than its ATH. However, this could change soon with a potential breakout over the next few weeks. Crypto Lalit has forecasted a potential 3x price surge for the Polkadot coin.

This sentiment has been re-echoed by another analyst, Crypto-Q. But for the Polkadot price to reach as high as $36, as Crypto-Q has predicted, it first needs to break and hold above the $12.5 resistance level.

Massive Cross Chain Platform Could Push Lunex Network (LNEX) To $0.5

As it stands, moving assets between blockchains is a pain in crypto transactions; tokens like ERC-20 tokens don’t play well with Solana or other blockchains. The Lunex Network (LNEX) is a solution to this problem through cross-chain trading, where users can trade over 50,000 assets on 40+ different blockchains without having to switch platforms.

Lunex Network also makes asset management easy. Lunex has a user interface that allows users to monitor their portfolios, whether they’re cryptos, NFTs, stocks, etc. Security is a top priority and SolidProof has already verified that Lunex Network’s smart contracts contain no security problems.

In addition, Lunex Network is big on rewarding its users, offering one of the highest APYs in the DeFi market of up to 18% APY. Lunex Pro offers advanced traders live data analytics tools, customizable trading strategies, and accelerated execution speeds as well. 

The LNEX tokens are being sold for a cheap $0.0038, which is lower than its estimated price of $0.5 by the first quarter of 2025. With the incredible offers of Lunex Network backed by the recent 215% price pump of LNEX, the altcoin is considered one of the best crypto investment opportunities of this bull market.

Conclusion

While Litecoin (LTC) could see a price increase of over 100%, Polkadot (DOT) could pump by 3x, but it depends on crossing the $12.5 resistance. Meanwhile, Lunex’s potential rally to $0.5 because of the massive impact it could have on DeFi and the trading space with its cross-chain protocol makes it the perfect coin to buy in this bull market.

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

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