Ripple (XRP) surprised investors in the closing part of September, soaring above $0.60. Unfortunately, the SEC’s appeal at the beginning of November has pushed the Ripple price into a tight range.
As a result, investors who are uncertain about the future have jumped to well-performing altcoins like Solana (SOL) and Lunex Network. Analysts forecast the value of Lunex Network (LNEX) could pump by 1,800% before the year ends.
Ripple (XRP) Continues Trading in Tight Range
Ripple (XRP) has been on a swing in the last one month after making some profits in September. It wiped out all its gains in the first week of October after the SEC appeal.
Currently, the cryptocurrency is indicating some form of a rebound. The Ripple coin has a slight increase of 2% on the weekly chart as per the data of CoinMarketCap.
The company’s market capitalization has been oscillating between $29bn and $32bn from the beginning of October. The same can also be said for the Ripple crypto. The coin has been hovering between $0.51 and $0.55.
Meanwhile, Ripple’s (XRP) Fear & Greed index is showing 65. Looking at this score, investors are very positive about their stand, and their confidence in the market is very high.
In the future, experts predict that the Ripple (XRP) price could surge to $0.734 in the coming weeks. But, the altcoin has to come out of this range-bound state first for the above movement to occur.
Solana (SOL) Future Price Outlook
After registering a weekly gain of 7.5%, according to CoinMarketCap, Solana (SOL) is poised to break out of a consolidation phase. The price of the Solana crypto reached a peak of $158.90 on October 15.
However, bearish pressure entered the market, and the cryptocurrency’s value dropped. In the coming days, the $150 support will be critical to the Solana price as a break below this psychological level may stop the rally, leading to a massive downturn.
If the bulls hold this area, we might see another move to $160 and beyond for the Solana coin. A break above this level could present targets in the region of around $165. Currently, investors are very optimistic about Solana (SOL). The Fear & Greed Index has pumped to 73 (Greed).
Why Top Traders Are Turning To Lunex Network (LNEX)
Lunex Network (LNEX) is a decentralized and non-custodial platform where everyone can swap over 50,000 assets at low cost and lightning speed. The platform enables smooth trades using advanced smart contract systems.
One of the notable components of the Lunex ecosystem is its special service, Lunex Pro, which offers more opportunities to a paid subscriber. Some of the benefits are the opportunity to lock $LNEX tokens, obtain access to specific proprietary offers from LNEX, such as lending and borrowing, and participate in the governance process.
Some investors who value privacy can also consider Lunex Pro. There are trading bots that perform wallet address checks for money laundering. These features make Lunex Network an ideal protocol for high-profile traders who wish to keep their business transactions anonymous. Besides, Lunex Network does not have KYC checks.
Currently, in the third phase of its crypto ICO, the LNEX coin is priced at $0.0015. The project has realized over $850k so far in funding and is gunning for $1 million in the coming weeks. Analysts are optimistic about Lunex Network and its native token, LNEX, which holders can stake to earn passive income. They forecast its value could surge by 1,800% soon.
Investors Move To Better Alternative As Ripple Consolidates
Ripple (XRP) is still stuck within the $0.50-$0.55 range, and while it continues pivoting within it, smart investors are jumping to top altcoins like Solana (SOL) and Lunex Network. Analysts forecast the value of these coins could skyrocket in the coming weeks. So, be on the lookout.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
