XRP is beginning to make a comeback after Gary Gensler’s highly anticipated resignation from the US Securities and Exchange Commission. While XRP prepares to break above its bullish continuation pattern, Cardano is losing momentum and recording significant losses.
Meanwhile, all eyes are on Lunex Network’s new cross-chain trading platform that has already raised more than $6.4 million in its presale.
XRP: Investors Hope for Big Gains After Gary Gensler’s Resignation
According to analysts XRP could rally 60% in value in the next few days after breaking out of its bullish continuation pattern. XRP entered the breakout stage of a triangle pattern on January 11 after Gary Gensler’s exit from the US SEC. If demand for XRP increases, XRP’s price could target the upper boundary at around $4.
XRP is currently trading for $2.66 after an intraday decrease of 2.51%. Despite this pullback, XRP’s daily chart is flashing strong buy signals as the token is trading above all of its Exponential Moving Averages. Since XRP’s MACD line has also formed a bullish crossover, analysts anticipate XRP to test the R3 resistance at $4.39 soon.
Cardano Records Losses Despite Promising 2025 Roadmap
Cardano’s price has recorded a 15.53% pullback over the past 30 days which suggests waning investor confidence. In 2025, Cardano plans to integrate Bitcoin with DeFi and enhance privacy with the Midnight Network. Despite these big plans, investors appear to be losing confidence in Cardano’s potential.
Cardano is currently trading at $0.995 after another intraday decrease of 7.29%. Cardano’s daily chart also suggests seller dominance as the Momentum and Bull Bear Power Indicators are flashing sell signals. With Cardano’s MACD Level dropping to the negative end, Cardano’s downfall could continue toward the S1 support at $0.629 before the end of January.
Lunex Network (LNEX) Gains User Trust with Slippage-Free DeFi Ecosystem
Lunex Network is taking over the DeFi market with its Web3-powered trading platform. Users can spot trade more than 50,000 crypto pairs on Lunex Network without any KYC checks or unsafe third-party wallets like MetaMask or TrustWallet. While using the platform users can enjoy fast processing speeds and no additional cross-chain trading costs.
These features remove the need for automated market makers, encouraging more integration between different blockchain ecosystems. With no centralized governance, users retain full control over their assets and enjoy 100% slippage-free transactions through Lunex Network’s smart contracts. This attractive feature has already gained the trust of thousands of users, helping Lunex Network raise more than $6.4 million in record time.
To enhance presale adoption early investors can add LNEX to a staking pool during the project’s presale to secure an annual APY of up to 18%. These staking rewards are paid through a strategic repurchase of $LNEX on the open market by using 18% of Lunex Network’s weekly revenue. This buyback and reward mechanism redistributes value within the LNEX ecosystem, boosting the token’s value over time through deflationary tokenomics.
Lunex Network is also making waves in the B2B market with its state-of-the-art Payment Gateway API. This decentralized gateway helps businesses accept 100+ cryptocurrencies from customers and make an automatic coin conversion to their preferred token.
Given these robust features, LNEX’s current presale price of $0.0056 is a massive steal for savvy traders who aim to maximize their earnings by mid-2025. Early investors are already reaping 366% gains within a few weeks, making market experts project up to 1800% returns for LNEX holders by the end of its presale.
You can find more information about Lunex (LNEX) Network here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
This article is not intended as financial advice. Educational purposes only.
