Lunex Network Presale Surpasses $3M: Can Dogwifhat Break Resistance Level?
Dogecoin has been making headlines lately, especially as whale activity increases and its price approaches crucial resistance levels around the $0.4500 mark. This signals the potential for another bullish wave that could propel DOGE’s price towards $1 in the short term and possibly $3 in the long term.
In addition to Dogecoin, Dogwifhat has achieved a significant milestone by surpassing a crucial resistance level around $2.7. Lunex Network also experienced a surge of over 158%, reaching $0.0031 and raising more than $3.1 million in revenue. This surge is attributed to the project’s unique features and revenue-sharing model.
Lunex Network, a standout in the DeFi ecosystem, offers easy asset swapping for over 50,000 assets while prioritizing privacy at every step. The platform’s revenue-sharing model allocates part of the weekly revenue to LNEX token holders, providing a stable passive income and the potential for price appreciation. These investor-friendly features align the platform’s success with traders’ financial interests, ensuring long-term adoption.
One notable aspect of Lunex Network is its approach to data privacy, making it an attractive option for security-conscious investors. This focus on privacy has contributed to the project’s presale revenue exceeding $3.1 million.
Unlike traditional exchanges, Lunex Network does not require KYC checks, eliminating the need for users to connect third-party wallets. This has led to a significant surge in the LNEX price to $0.0031, representing over a 158% return on investment.
In terms of price predictions, the altcoin market is expected to mirror Bitcoin’s price movement. Analysts suggest that Dogecoin could potentially surge to $3, with the current price hovering around $0.4300. This represents a weekly surge of over 14% and a significant increase since the token was trading at $0.3700. However, for Dogecoin to reach this target, it needs to break past the critical resistance level of $0.4500, with $0.3500 acting as a support level in case of a reversal. Technical indicators, including an RSI of 79, suggest an upward trend that could see DOGE hitting $1 before aiming for $3.
Dogwifhat has also been making strides, attempting to retest the critical resistance level near $2.7. After breaking out past this level, the token has been trading around $3, showing a monthly surge of over 37%. The WIF token also crossed the 100 EMA within the hourly chart, indicating upward momentum.
Cryptonomist reports that Dogwifhat has been forming a falling wedge pattern, which could lead to a significant breakout. The RSI at 54 suggests that buyers are supporting the current bullish momentum in Dogwifhat’s price.
Overall, both Dogecoin and Dogwifhat have surpassed crucial resistance levels, setting the stage for impressive price movements. Additionally, Lunex Network is showing promising growth potential, with over $3.1 million in presale revenue and a price increase of over 158%. It’s an exciting time for these altcoins and projects in the cryptocurrency space.
