Polkadot and Ripple are both facing significant selling pressure as traders appear to be moving towards a massive sell-out. Amidst this sentiment, savvy investors are already jumping to Lunex Network’s explosive presale that is poised for 1,800% gains by 2025.
Polkadot (DOT) Investors Expected to Book Profits Soon
Polkadot recorded significant 6.25% losses over the last seven days as the token’s community sentiment turned bearish. Since then, Polkadot hasn’t recorded any significant price action. Despite making a slight recovery from the $3.99 low, Polkadot buyers still failed to build enough momentum to trigger a reversal.
Polkadot is currently trading for $4.13 after an intra-day decrease of 2.63%. Since Polkadot’s volume has increased by 20.10% over the last 24 hours, Polkadot investors appear to be booking profits now. Polkadot is also trading below all of its Simple Moving Averages on the daily chart which strengthens the bearish thesis. If profit-taking ensues, Polkadot’s price could decline to the $3.83 support in upcoming weeks.
Ripple (XRP) Fails to Maintain Investor Confidence
Ripple’s price broke below an ascending trendline last week, converting the bullish sentiment into a highly bearish one. Since Ripple also rejected its daily resistance level yesterday, investors now seem to be losing confidence in a potential Ripple recovery. Ripple is also facing selling pressure due to its ongoing legal battle with the SEC which isn’t expected to settle down until early 2026.
Ripple is currently trading for $0.5288 after an intra-day decrease of 2.35%. Traders appear to be losing interest in Ripple’s extremely volatile price action as the token’s volume has also decreased by 2.03% in the last 24 hours. If Ripple fails to hold the critical support at $0.5209, Ripple’s price could see a steep decline to $0.4305 soon.
Lunex Network (LNEX) Poised for 100x Rally Powered by Advanced Aggregation Protocol
Traders have been facing problems such as failed transactions, high slippage, and slow execution for several years. Now, Lunex Network (LNEX) is launching a new DeFi exchange that addresses these problems with a unique aggregation protocol.
Lunex Network allows traders to swap cryptos across different blockchains with the click of a button. To make things even better, Lunex Network combines the Automated Market Maker (AMM) model with an off-chain order book to ensure faster trade execution. This advanced aggregator protocol sources liquidity from multiple exchanges and even splits the trade across different networks to secure the lowest possible price. Since all transactions made on Lunex Network are recorded and encrypted on-chain, traders can always retain full control of their assets and keys.
Another great feature of Lunex Network is the platform’s non-custodial wallet. Since this wallet is designed to enable trading, storing, and swapping, traders can keep track of their cryptos, stocks, bonds, and ETFs in one place.
The best part about Lunex Network is that the platform’s native $LNEX token offers massive rewards to long-term holders. Through an ingenious revenue-sharing model, Lunex Network reinvests its profit to purchase tokens on the open market and distributes them to current holders as rewards with up to 18% APY. Since the buyback mechanism continuously injects new demand for Lunex Network in the market, traders can also benefit from LNEX’s highly deflationary tokenomics that ensure that the token’s price will only trend upwards.
For now, Lunex Network is in stage 2 of its presale with tokens selling at a low price of $0.0013. Since Lunex Network has already raised more than 600,000 USDT in record time, analysts are tipping at a massive price surge before the end of this week.
You can find more information about Lunex (LNEX) Network here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
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