Dogecoin has been hovering around the $0.40 region for some time and maintains its position within a defined ascending triangle.
However, the daily chart has pointed out a key resistance level at $0.46 and a steadily rising support trendline, suggesting strong buying activity.
On the other hand, Pepe coin, which enjoyed an ATH high of $0.000025 on November 14, has encountered a 20% dip from it’s all-time high as investors lock in profits. Despite Pepe’s price performance, Lunex Network continues to enjoy significant gains, achieving a new price target of $0.0036. This surge has been attributed to the project’s unique features and a growing global recognition for the Lunex Network token even before its official launch.
Lunex Network has stood out within the DeFi sector as it addresses some of the most challenging issues. Its design allows for seamless cross-chain swaps, tackling liquidity fragmentation while minimizing transaction costs. This unique approach positions Lunex Network as a serious competitor in decentralized finance.
This has also been reflected in the project’s presale success. The LNEX token, which started with a low price of just $0.0012, has already recorded a significant surge of 200% to hit the $0.0036 target. Moreover, its presale revenue is also at over $4M, with a target of over $5M by the end of the month. Beyond affordability, its revenue-sharing model has also placed the project on the global map.
Lunex’s 18% revenue-sharing model benefits long-term LNEX token holders, this indicates that the Lunex project isn’t just another crypto presale but a platform designed for growth and sustainability. Lunex represents an opportunity for investors to diversify their portfolios while supporting meaningful innovations.
Dogecoin’s ascending triangle pattern suggests a tug-of-war between sellers and buyers. The horizontal resistance near the $0.46 has always stopped Dogecoin’s price from breaking past this level. However, Dogecoin’s price has consistently formed higher lows, suggesting growing bullish pressure.
Moreover, critical support levels below the current DOGE price have been identified at $0.33 and $0.27. These regions offer a safety net in case of a Dogecoin price reversal. A breakout past its resistance level could also open a bullish path targeting $0.56, a significant resistance zone.
According to Javon Marks, a sustained break above $0.46 could also attract more liquidity to Dogecoin targeting a new ATH. Additionally, the ascending triangle mainly signals a bullish continuation, with Dogecoin’s recent rally and technical outlook adding weight to this potential breakout.
Pepe’s price has been hovering around the $0.000019 region, with technical indicators suggesting further weakening while urging holders to observe key price thresholds. Pepe’s one-day chart also suggests that the meme coin’s Chaikin Money Flow is close to breaching a critical zero line.
The CMF is an analytic tool used to assess accumulation and distribution by correlating price movements with volume. This tool indicates diminishing bullish energy for Pepe coin. Should Pepe’s CMF dip below the zero line, bearish momentum will be confirmed, exerting more downward pressure. The MACD for Pepe price also reinforces this outlook, evident by the MACD retesting below the signal line.
Pepe’s price outlook remains bullish, with a weekly gain of over 9%. However, persistent selling pressure risks pulling the meme coin below this mark, with renewed buying pressure set to push Pepe’s price performance to the $0.000021 region.
Like Dogecoin and Pepe, Lunex Network is focused on achieving major gains. The LNEX token is already set to record another gain in the coming days, which could see it surpass its recent 200% surge. Lunex’s ability to navigate the complexities of DeFi crypto also makes it stand out.
Discover the Exciting Opportunities of the Lunex Network (LNEX) Presale Today!
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.
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