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Solana confirms an uptrend with a bull flag breakout targeting $320, while Lunex Network impresses with a 283% presale surge, redefining DeFi opportunities.
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Solana has broken out of a bull flag pattern on its one-day chart, confirming an uptrend momentum. CryptoBullet has identified the key breakout, where Solana’s price movement is now targeting the $320 and $340 regions. This breakout coincides with the support and resistance flip, signaling strong buyer control over the asset.
Similarly, a new presale project has hit new milestones with each passing day. The LNEX token has already achieved major price rallies, including the recent jump to the $0.0046 region, representing an over 283% rise. The surge has been attributed to the growing demand for DeFi projects and their unique features.
Lunex Network records over 283% jump, more gains incoming
Lunex Network is becoming the most talked-about DeFi project. Early buyers have already experienced an over 283% return on investment, with the percentage set to rise soon. This move has been attributed to the project’s unique DeFi features.
The project’s long-term goal is to create the world’s first non-custodial exchange platform to connect all isolated blockchains. Here, users can swap over 50k assets across 40+ blockchains at the lowest cost possible. This will also be achieved anonymously, as Lunex Network does not require sign-up KYC checks.
Moreover, holding the LNEX tokens allows users to enjoy governance voting rights and staking rewards. The LNEX token is currently going for $0.0046, representing an over 283% rally from its starting price of just $0.0012. Lunex Network has also seen impressive growth in its presale revenue, currently at over $5.3m. A tier-1 exchange listing could propel Lunex Network’s price closer to the $1 region in 2025.
Solana: Bull flag breakout confirms SOL uptrend
cryptoBullet’s analysis shows a classic bull flag pattern that normally signals a continuation of the previous uptrend. Solana had initially recorded an impressive rally forming a flagpole before entering a consolidation period that led to a downward-sloping channel. Solana’s price has now broken above the flag’s upper resistance line, which usually signals a fresh upward momentum.
The breakout has been supported by a crucial support/resistance flip, where SOL’s previous resistance zone is now a key support region. This support zone has helped stabilize the Solana price above $220. If the current uptrend holds, the analyst’s long-term Solana prediction points to a possible $400 and $600.
The projections align with Solana’s historical price patterns during strong surging trends, which indicates growing market confidence. This move comes despite technical indicators pointing at a slowly growing momentum. Solana must hold momentum past the $221 region and ignite a bullish sentiment while aiming for the next resistance zone within the $245 region.
Best crypto investments for December: LNEX and SOL
The crypto market has been buzzing again with the recent price rally in Solana and Lunex Network. While Solana is a well-established altcoin, Lunex Network is emerging as a presale star offering early investors over 283% ROI. The LNEX token is set to redefine the DeFi market, allowing investors to capitalize on its achievement early.
To learn more about Lunex Network, visit the official website and its socials.
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This article first appeared at crypto.news
