2024-12-8 17:55 |
The slowdown of the Bitcoin (BTC) price pump has led many top analysts to predict the beginning of the alt season. According to forecasts, two top altcoins to watch are Ethereum (ETH) and Solana (SOL). Seth has predicted an SOL price pump of $800 following the application of an ETF from Grayscale.
Ali Martinez has shared a long-term price target of $10k for ETH if it maintains its ascending channel. While these are potentially massive gains for SOL and ETH, Lunex Network (LNEX) has been picked as the dark horse for this altseason as it looks to pump by up to 15x.
Ethereum (ETH) Trades in Ascending Channel, Could Pump To $10KAlthough the Ethereum coin did not have some other top altcoins’ explosive price pumps, analysts expect it to in the near future. As revealed in a recent analysis by Ali Martinez, ETH is now trading in an ascending channel that could trigger a massive price hike.
Martinez also predicts ETH could hit $6,000 mid-term. The analyst believes Ethereum (ETH) could be as high as $10k in the long term.
However, according to CoinMarketCap’s data, the Ethereum crypto is trading comfortably above this support level in the $3,700 range. Hinting at a potential reason for the price increase, Armando Pantoja reported that BlackRock has bought over $230 million worth of ETH.
Bull Flag Breakout Could Send Solana (SOL) To $1,400 This AltseasonSolana (SOL) failed to break above $250 after multiple trials in November despite recording its biggest monthly candle ever. Based on CoinMarketCap’s data, we can see that the Solana crypto has traded in the $220 to $250 price range on the weekly timeframe.
While the breathtaking November Solana (SOL) price rally has cooled off, Seth has shared a new target for the altcoin. According to Seth, Grayscale’s application for a Solana ETF could push the altcoin price as high as $800 to $1,400 this altseaon, making SOL one of the best cryptos now.
Another crypto analyst, Jelle, has explained that $SOL has bounced off from the 200EMA, leading to a breakout from the falling wedge. As a result, Jelle predicts that the Solana price could pump to a new all-time high soon.
Lunex Network (LNEX) Pumps To $0.0036, Could Rally 15x in AltseasonUnlike many top crypto coins, the recent 200% price pump of Lunex Network (LNEX) has set a new all-time high at $0.0036. The Lunex Network’s disruptive potential has caught the eye, helping the DeFi project raise over $4.1 million. Most analysts think this is the reason LNEX could extend its gains by up to 15x over this altseason.
Lunex Network’s high return, at an APY of 18%, has made it one of the most promising coins in the DeFi market. Unlike conventional exchanges, Lunex offers low-cost swaps between different chains for over 50,000 assets. Lunex also operates on a non-custodial approach, allowing traders full control over their funds and private keys.
Lunex Network also does not make its users go through a lengthy know-your-customer process to open an account. The revenue share policy on Lunex is its most valuable feature. Half of a dedicated part of its revenue used to repurchase LNEX coins from the market is used to pay stakers.
The other half is kept for other incentives to create a highly sustainable ecosystem. All of these features make Lunex a unique opportunity to get the maximum privacy, security, and obviously huge profits in the DeFi space.
In SummaryThe incoming alt season has excited crypto enthusiasts as altcoins like Solana (SOL) and Ethereum (ETH) look to surge to new ATHs finally. However, all eyes have been on Lunex Network because of its exciting features and potential 15x price pump.
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