The crypto market is in a bull cycle, but every cycle comes with inevitable phases of consolidation and correction. As a result, certain cryptocurrencies, such as Stellar (XLM) and chain link (LINK), are experiencing a decline compared to their recent rebounds, even if analysts believe that these assets still have strong rebound potential.
On the other hand, Lunex networka new Challenge the presale token, has defied market trends by maintaining a consistent upward trajectory despite volatile market conditions. This resilience reflects growing investor confidence in its innovative features and broader adoption of Challenge solutions in the crypto space. Here’s why:
An unstoppable push: Lunex Network affordable presale reinforces its bullish momentum
Lunex network is shaking up the market with its steady rise amid the current price correction phase of major coins. The new Challenge The crypto project, known for its Web3 multi-chain bridge network, leverages non-custodial protocols for instant cross-chain transactions.
Lunex Network accesses significant liquidity and enables seamless asset transfers between different blockchains, providing a cost-effective and scalable alternative to traditional CEXs for Challenge traders and liquidity providers.
With these unique features, Lunex Network has attracted the crypto community. The platform is renowned for providing users with secure and transparent transactions executed via smart contracts.
Moreover, the platform provides full custody to users, ensuring that private keys remain on their devices. It also supports token staking, lending, and trading, integrating advanced technology for convenience. Staking LNEX tokens generate competitive rewards, with up to 15% APY.
Analysts predict breakout above key resistance level as Stellar (XLM) enters the correction phase
Over the past month, XLM followed an upward trajectory, with an increase of more than 455%. Investors increase upward pressure XLMas evidenced by the Fear and Greed Index indicating extreme greed at 78.
While the XLM The recent market performance has been nothing short of impressive, with the token experiencing a brief correction phase. THE XLM the price fell back to the $0.487 level over the past week, and its market capitalization also declined.
However, XLM holds support at $0.500099 and $0.478377, respectively, and resistance at $0.548058. if XLM falls below these key support levels, it may not retest its current price level this year. However, analysts estimate XLM will likely break past current resistance.
Chain link (LINK) seeks stability after recent rally to 2022 high
Chain link (LINK) has recently attracted the attention of the crypto market with its remarkable rise. On December 3, LINK reached $26.32, a high it has not retested since January 2022.
This increase has sparked much speculation from investors and analysts on Links end-of-year potential. Over the past month, LINK climbed more than 127%, pushing its market capitalization at a staggering $15 billion.
However, after reaching its high of $26, LINK retraced and stabilized around $24 after the brief correction. Analysts predict LINK end the year on a bullish note, but a minor correction may be necessary to maintain momentum in 2025.
Conclusion
While XLM And LINK are currently in the correction phase, Lunex network pre-sales continue to increase unabated. For $0.0038 each, pre-sale investors gain access to the LNEX ecosystem at a discounted price. Invest in web3 trade now to unlock transaction fee discounts and access more premium features like liquidity mining and node rentals.
You can find more information about the Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Social networks:
Warning: This is a paid version. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of the information available in this content. Do your research and invest at your own risk.
