The cryptocurrency market has suffered some corrections after its remarkable rally over the last two weeks. Nonetheless, analysts expect the price rally to resume soon. They believe that the Binance Coin (BNB) price can reach $2k before the end of this bull run.
Solana (SOL) could reach $306 as it sets an eye on a new all-time high. The Lunex Network (LNEX) is expected to reach $0.1. The LNEX coin is currently making waves in the DeFi market after it pumped by over 110%.
Binance Coin (BNB) Could Hit $2k
The Binance Coin price has seen some steep decline in the last week following its price jump. This price drop comes after BNB met with resistance around the $660 level. The cryptocurrency has been around the $600 mark after the rejection.
However, on the 7-day chart, BNB is still up 1.2% and 7% on the 14-day timeframe, per CoinMarketCap. Nevertheless, the Binance Coin token is still bullish. Its relative strength index is above the midline which shows bulls are in control.
Looking forward, Thales Melo forecast the value of the Binance Coin BNB could pump to the $900-$1,400 range in the next 6-12 months. Another analyst called SantinoCripto says the cryptocurrency could go even higher.
According to them, market makers could push the value of Binance Coin (BNB) to $2000 in the coming months. SantinoCripto’s chart revealed the cryptocurrency is mirroring a pattern from 2021 where it ascends, then consolidates before skyrocketing.
Solana (SOL) Extends Gains, Aims for New All-Time High
Solana (SOL) is trading close to an important level that could change its price trajectory in the coming weeks. Data from CoinMarketCap shows the Solana price almost reached the $250 mark lately. The only barrier on the way was the resistance around the $247 mark.
Nevertheless, SOL still has a 15.1% profit on the 7-day chart. PS Trade forecast the value of the Solana crypto could soar to $306 in the coming weeks. The analyst posted a price chart that showed a possible buy zone around the $200 mark.
However, it is uncertain if the Solana coin may drop that low interest in the next few days. Besides, most of its technical indicators are in the green region. The Average Directional Index (14) and Hull Moving Average (9) are flashing buy signals.
Lunex Network (LNEX) Gains More Traction
Lunex Network (LNEX) is gaining momentum in the DeFi market, with its presale having already attracted over $2.8 million and $LNEX tokens gaining over 210% to reach $0.0031. This strong start is attributed to increasing confidence in Lunex’s nascent idea of decentralized finance. And as the presale goes on, analysts are expecting a massive growth of 18x for $LNEX.
One unique feature of Lunex is the ability to trade across different blockchains. Through the use of cross-chain swapping, one can easily swap over 50,000 assets. This feature is of great help, especially in the aspect of asset management, since it provides a single platform where the user can manage different and complex portfolios.
Since active traders are always looking for ways to save time, cross-chain trading becomes an essential tool for those operating in the decentralized finance space. Another feature is the B2B payment gateway that enables companies to accept cryptocurrency and immediately convert it to fiat. This feature brings straightforward solutions for companies to adopt cryptocurrency.
Furthermore, Lunex Network has a portfolio tracker. It gives you a complete picture of all investments, from cryptocurrencies to stocks and ETFs. Users can track and control their portfolios conveniently. All these features make Lunex Network a top DeFi project to keep an eye on.
Final Thoughts
From the analysis of experts, the best cryptos to buy now are Binance Coin (BNB), Solana (SOL), and Lunex Network. Lunex Network is already positioning itself as a top DeFi cryptocurrency with its ongoing presale. Analysts believe it could be the next blue chip cryptocurrency to revolutionize the DeFi market.
You can find more information about Lunex Network (LNEX) here:
Website: Lunex Network
Socials: Join The Lunex Network Community
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