Ripple Ready for Breakout Rally Above ATH; Don't Sleep on Cardano and Lunex Network This Altseason
Ripple is on the verge of a significant price surge, potentially breaking its all-time high. Cardano and Lunex Network are also set for massive gains.
Ripple's (XRP) 360% price pump over the last 30 days is one of the biggest among the top altcoins in the market. While this massive rally has pushed the XRP coin to its highest level since 2018, analysts have predicted that the altcoin could extend its gains with a breakout rally to a new ATH.
Meanwhile, experts have advised investors not to sleep on Cardano (ADA) and Lunex Network (LNEX) in this altseason. The predictions of a massive rally to $10 for ADA and $1 for LNEX make them some of the best altcoins to watch now.
Descending Trendline Breakout To Take Ripple (XRP) Above $3
Thanks to the recent price pump, the Ripple coin price peaked above $2.8 on December 2, per CMC. While it represented a significant increase for XRP, the altcoin price chart shows a descending triangle pattern ever since.
Justin Bennett and WillyWonkaXRP have both shared a Ripple price chart showing a potential break out of this descending trendline that could happen over the next few days. If this breakout happens, the Ripple crypto could look to retest $3 for the first time since January 2018.
The popular crypto analyst, Charting Guy, has confirmed this possible scenario. According to his analysis, Ripple is ready for another leg higher, where it will tackle the previous ATH. TradingView shows that XRP futures trading has an open interest of $3.54 billion, indicating big action from traders putting on potential gains.
Cardano (ADA) Prepares for Next Leg Up
Cardano (ADA) hasn't been a slouch in this crypto bull run either. According to CoinMarketCap, the Cardano price has increased by more than 230% in the monthly time frame. While ADA has been trading around the $1.2 range, Rami has said that ADA's next leg up is starting to form.
Sssebi shared a similar prediction, saying that the Cardano crypto could break $1.25 and go to $1.40 soon. This will prepare ADA for a bigger rally. A major move that could fuel the rally over the next few days is the recently signed Cardano Constitution for fully decentralized on-chain governance.
However, in the long run, Crypto Jebb has predicted that the Cardano coin could peak above $10 before the end of this decade. A possible ETF, pro-crypto regulation in the US, the amazing tech behind ADA, and its non-inflationary nature are some of the reasons why Jebb has given a prediction of $10.
Lunex Network (LNEX): One of the Utility Gems of the Altseason
Already popular among savvy investors looking for massive returns, Lunex Network (LNEX) is slowly inching its way to the top of the DeFi market. With advanced features and buzz, the Lunex Network is becoming one of the best ICO projects, with over $5 million raised.
Lunex Network provides a fast, no-KYC trading experience that eradicates the need for third-party wallets such as MetaMask or Solflare. Traders who value privacy, speed, and convenience are also big fans of Lunex. One standout feature of Lunex is in swaps; it supports over 50K cryptos and over 40 blockchains for instant swaps.
This means that all transactions are lightning-fast and everything takes place in seconds. The Lunex Network ecosystem revolves around the LNEX token – a unique revenue-sharing token. Half of the profits the platform earns are reinvested to buy back LNEX tokens; half is for token holders and the other half for staking rewards.
The rewards of staking on Lunex are up to 18% APY, encouraging long-term holding and helping price stability. At just $0.0044, Lunex Network is an enticing investment for investors looking for the best crypto investment of the year, as analysts have said it could see up to a 20x price pump in this altseason.
In Summary
From the early signs, we could be heading into the biggest altseason in crypto history. Ripple (XRP) and Cardano (ADA) are two top altcoins that could shine in this altseason. However, the newcomer, Lunex Network (LNEX), looks set for more explosive growth in this bull market.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
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