Binance Resistance at $650 Shattered, Lunex Network Soars By 175% As Cardano Is Set to Hit $10

Binance Coin has been consolidating for over 250 days, which is a solid amount of time for the token to build momentum for a significant breakout. An impressive breakout past $680 could see the token aim at the $1,000 target soon. The BNB token has already recorded a monthly surge of over 13% as its market cap surpasses the 96B milestone.

Similarly, Cardano has been experiencing fluctuations in its price recently. However, ADA price performance resisted a decline that could plunge it below the $1 mark, regaining a bullish outlook with over 210% monthly surge. This comes as Lunex Network records a 175% jump from its starting price of $0.0012. This move has been attributed to the project’s hybrid DeFi features.

Lunex Network Value Rally By 175%, Further Gains Incoming

Lunex Network is slowly emerging as one of the most talked-about presale projects. Its presale performance continues to attract investors, giving early buyers a 175% return on investment even before the presale ends. Lunex Network will also launch a non-custodial crypto exchange that allows traders to swap more than 50,000 cryptos across 40+ blockchains easily.

This non-custodial operation will ensure users have full control of their crypto assets. The project has also placed special emphasis on security, a reason why it features the rubber stamp of an established smart contract auditor known as SolidProof. This has made it a sturdy platform that focuses on simplifying crypto swaps.

Furthermore, Lunex Network maintains users’ anonymity by eliminating KYC checks. This makes it the perfect platform for investors who value privacy and want complete control of their trading activities. These features have significantly contributed to the LNEX token's growth. It's currently priced at $0.0033, with 10x projections by end of year..

Binance Coin Price Prediction: Resistance at $650 Shattered

Binance's price has started breaking out of its consolidation, which could see the token achieve a new milestone in the coming days if it breaks past the $680 region. This comes after Binance's price movement broke above a key psychological resistance level of $650. This breakout has led Binance to hover around the $663 and $665 region while looking to continue its bullish trend.

The relative strength index momentum indicators for BNB read 63, above the neutral level of 50 and far below its overbought regions. This suggests that bullish momentum is gaining traction. Moreover, its recent surge in traders’ interest and liquidity projects an uptrend outcome for its platform. Binance coin's daily trading volume also recorded a surge from $807M on November 4 to over $2.3B by November 29, the highest since mid-August.

The bullish thesis will be invalidated if the Binance coin drops below its resistance level despite technical analysis and on-chain metrics supporting a bullish outlook. A development that could see the token retest the $632 support region. A bullish continuation, on the other hand, will target the $807 region, with further gains eyeing the $1,000 level.

Cardano Price Analysis: Can ADA Hit $10?

Cardano has been riding on the support of its community members, investors, and traders, who are always ready to bet on future gains. After crossing the psychological $1 region, market analysts, relying on the Fibonacci sequence, have observed that a sustained bullish trend could see ADA price hit new levels.

The Fibonacci sequence of 1.618 levels suggests that Cardano’s price might hit the $2.45 target. According to the Angry Crypto Show, other technical indicators suggest continuous bullish momentum, including the RSI at 79, that might see the ADA token target higher gains.

The 20- and 30-day exponential moving averages also suggest a bullish outlook while acting as key support regions in case of a bearish reversal. Dan Gambardello has also made a positive price prediction for Cardano, suggesting that the token will surge to a price between $5 and $10 after consolidating above its $1 region.

Investors Expect Massive Rallies From LNEX

Lunex Network is positioning itself as a game-changer in the DEX industry as Binance coin, and Cardano continues to soar. Lunex Network aims to transform how users trade through its distinctive privacy-first approach and cross-chain capability, making DeFi more secure and easier.

Discover the Exciting Opportunities of the Lunex Network (LNEX) Presale Today!

Website: Lunex Network

Socials: Join Lunex's Growing Community

The post Binance Resistance at $650 Shattered, Lunex Network Soars By 175% As Cardano Is Set to Hit $10 appeared first on Crypto News Land.