The crypto market is on the brink of some massive pumps. Three coins BNB, SHIB, and Lunex Network are all set to pump. The Binance Coin BNB is aiming at $1,000 and Shiba Inu token could soar to $0.00003.
Meanwhile, Lunex Network could skyrocket to $1, rising on its bullish crypto ICO that has swept the attention of investors.
Binance Coin (BNB) Targets $1k Region
CoinMarketCap data shows this crypto has been consolidating between $600 and $675 in the last two weeks. BNB has been trying to break out of the upper level but has faced resistance from bears.
Going forward, analysts forecast the price of the Binance Coin crypto could pump to $1k in the coming weeks. Joey Keasberry told his followers the altcoin has been trading in 3.5 years of consolidation, forming a rectangular bullish flag.
The consolidation is around the $175-$649 level. Upon a successful breakout, Keasberry expects the Binance Coin price to surge to $1,150. Other analysts are also optimistic about BNB reaching the $1k level.
One of them is ZAYK Charts. They say the price of the Binance Coin (BNB) might rally to $1k in the coming months. Investors’ interest is currently high based on the Fear and Greed Index, which is in the overbought region.
Shiba Inu (SHIB) Shows Potential for Breakout
VipRoseTr said the Shiba Inu coin is in a consolidation zone, which means it could see a breakout soon. The Shiba Inu (SHIB) coin has been trading sideways for some time now.
This is a common pattern before a coin starts to accumulate and then surge once it breaks out of this range. VipRoseTr says the accumulation zone for the Shiba Inu crypto is at $0.00002387–$0.002541.
This zone acts as a level of support, and traders can open positions while they wait for a breakout confirmation. In the case of a breakout, likely targets are $0.000031040, $0.000034024, and $0.000037372.
The Shiba Inu token has a profit of 2.8% and 30.6% on the weekly and monthly charts per CoinMarketCap. Its 14-day RSI is above the midline, a clear sign that the bulls are out and ready to set the pace for a rally.
Why Lunex Network (LNEX) Cross-Chain Feature Stands Out
Lunex Network is a new DeFi project that has recently attracted attention due to its concept of cross-chain cryptocurrency exchange and smooth interface. Built on the Ethereum network, Lunex Network addresses the biggest challenges in DeFi: security, privacy, slow transactions, and high fees.
In traditional exchanges, there are many steps and procedures to follow in order to exchange tokens, while Lunex has made it easier with a one-step process. Lunex Network allows users to exchange more than 50,000 cryptocurrencies with minimal commissions and without using third-party wallets or passing through the identification process.
Low cost and no-KYC structure is preferred by users because it makes the trading anonymous and less costly, ideal for high traders in the market. Lunex Network provides LNEX token holders with a revenue-sharing system: a portion of the trading income is employed to buy back $LNEX tokens from the market and then half is distributed to stakers.
For now, the LNEX token can be bought at $0.0033. Analysts believe that this value will increase in the next few months, which makes it the best crypto investment today. Lunex Network is attracting smart investors who see the potential of the project in changing the DeFi market with effective cross-chain services.
In Summary
Binance Coin (BNB), Shiba Inu (SHIB), and Lunex Network are preparing for a massive increase in price. Such potential gains make them the best altcoins to watch right now.
You can find more information about Lunex Network (LNEX) here:
Website: https://Lunexnetwork.com
Socials: https://linktr.ee/Lunexnetwork
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