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Bitcoin’s rally toward $100,000 is sparking altcoin momentum, with experts eyeing major gains for Avalanche, Sui, and Lunex Network in the coming cycle.
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The crypto market is entering an exciting phase, primarily due to Bitcoin’s latest surge which has helped the altcoins to emerge from the shadows. Experts think BTC’s close to hitting the $100,000 price tag, and an altcoin market breakout could happen next.
Avalanche (AVAX), Sui (SUI), and Lunex Network (LNEX) have received significant attention from experts who expect significant growth. They say the value of Avalanche could jump to $200. Also, Sui is expected to reach $17, while Lunex Network may rally by 18x.
Avalanche: Analysts forecasts rise to $50, $200
Avalanche has been on an uptrend in the last seven days. The price of the cryptocurrency has crossed several resistance levels to reach the $30 level. Although the Avalanche coin has suffered a little correction, it still has profits of 23.0% on the weekly timeframe.
The DeFi cryptocurrency is also bullish on the higher timeframes. Looking ahead, analysts are bullish about AVAX. Kaleo took to X lately to share an optimistic Avalanche price prediction.
The analyst says the token’s price could jump to $50 in the next two days. Another expert who gave a similar forecast is Giray. They predict the Avalanche token could trade at $45.60 soon.
Meanwhile, Grronk has given a long term price target for Avalanche. The analyst believes the coin may rise to $130 sooner than we think. According to him, the cryptocurrency’s value could reach $200 this cycle.
Sui could pump to $17: Alex Clay
In a recent tweet, a top analyst called Alex Clay talked about Sui. He argued that the Sui coin could be a top performer this cycle. Alex Clay posted a chart that showed the value of the cryptocurrency soaring to $17. JoshuaOrhue predicts the value of Sui may pump to $15.
Another expert, Astekz, gave a more conservative forecast. They believe the Sui price might reach $4. In the meantime, the cryptocurrency is showing profits of 38.3% on the weekly timeframe, as per CoinMarketCap’s data.
The altcoin’s 14-day RSI is in the overbought region, which is a bullish sign supporting more upward price movement. Meanwhile, the Sui network is witnessing massive adoption. Torero Romero noted that its DEX volume has hit $28 billion. This is 3x the volume of Aptos.
Lunex Network could see 18x rally this bull cycle
Lunex Network is a DeFi project that offers multiple features aimed at helping its users navigate the cryptocurrency environment. At the moment, Lunex Network is still in the presale stage, and it has attracted a lot of attention; the LNEX token cost is $0.0021.
This early phase has already attracted more than $2.2 million from investors. Experts forecast a rally of 18x this cycle. Another important feature of Lunex is actually its compatibility with various blockchains, as it allows trading of over 50,000 assets across different blockchains.
It saves the traders from the problem of having many wallets or trading platforms, thus making Lunex a go-to platform for those interested in trading different assets without the need to manage several platforms.
Due to the provision of cross-chain trading, Lunex is targeting users who need convenience and accessibility in the DeFi space. In combination with cross-chain services and attractive presale, Lunex is an excellent choice for those who want to plunge into the DeFi market.
Final words
Analysts say Bitcoin’s future rally could drive further uptrend for the crypto market. Such an upsurge could benefit top crypto coins like Avalanche, Sui, and Lunex Network. As such, these three could be the best options for investors looking for the next blue chip cryptocurrencies.
To learn more about Lunex Network, visit the website and join Lunex’s growing community.
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This article first appeared at crypto.news
