Cardano (ADA) has entered the consolidation phase. Per , the price of Cardano has dropped after losing the $1 support zone. ADA Relative Strength Index (RSI) is pegged at 78, indicating that the token is overbought. On the other hand, Dogwifhat’s price soured after the Robinhood listing.
Dogwifhat Price Jumps Amid Robinhood Listing, Cardano Price Enter Consolidation Phase, LNEX Price Up 158%
Once the presale is over and LNEX tokens are live, holders will continue to generate passive income through the revenue share model. So far, Lunex is available at its presale and is selling for $0.0031 after increasing by 158% from its starting price of $0.0012.
Amid the bullish news, the meme coin rallied to a high of $3.62, up from a low of $3.06. Meanwhile, ICO continues to gain traction based on its expanding community and successful presale. With an efficient aggregation protocol and a system designed to offer real passive income, Lunex is emerging as a major player in the DeFi Market.
Lunex Network Presale Picks Up Steam
Lunex has quickly gained ground in the broader cryptocurrency market due to its innovative features and impressive presale performance. Unlike traditional exchanges, Lunex solves actual problems inherent in the DeFi space, including liquidity and price optimization. The project sources liquidity from multiple exchanges and even splits a single trade into various exchanges to ensure the best possible prices.
Its smart contract verifies transactions to ensure the accuracy of a particular trade. With low fees, advanced liquidity, and an intuitive, easy-to-use interface, Lunex is emerging as the go-to platform for anyone seeking high returns and reliability in the DeFi realm. Besides this, Lunex presale offers early adopters exciting opportunities to maximize their passive income. They can stake their tokens for as much as 18% APY for 30 days.
Once the presale is over and LNEX tokens are live, holders will continue to generate passive income through the revenue share model. So far, Lunex is available at its presale and is selling for $0.0031 after increasing by 158% from its starting price of $0.0012. Meanwhile, Lunex is preparing to enter the DeFi market, expected to explode to by 2030. Grabbing even the smallest share of this market could heighten valuation exponentially.
Cardano Price Experiences Sell-Off: Is The Rally Over?
Cardano (ADA) has seen remarkable growth, by over 200% in the past month. However, the price of Cardano has dropped from its crucial support level around the $1 mark. Its on-chain metrics indicate that the token has an overbought status. ADA Relative Strength Index (RSI) is reading 78. The fall below the $1 means a shift in market sentiments.
Per IntoTheBlock data, about 68% of Cardano investors are in profits. These traders have inevitably embarked on profit-taking behavior. Amid sell-off pressures, the ADA token is on track to retest its critical resistance level at the 50% Fibonacci retracement, which has acted as a strong barrier. If the price of ADA and overcomes this level, it would indicate a positive sentiment.
The next significant target would be the golden pocket zone between the $1.13 and $1.22 mark. These levels could become resistance zones. If the ADA price breaks through the resistance, which coincides with the 78.6% Fibonacci level, it could soar toward the $1.76 level. The current buzz in the Cardano community and general market sentiment can help sustain its growth trends.
Dogwifhat Price Jumps Amid Robinhood Listing
Amid the , Dogwifhat’s price soared to a high of $3.62. Despite this rally, WIF price has dropped on its intraday time frame. The recent can be attributed to broader market trends that saw Bitcoin (BTC) fall below $95,000 after nearing the $100,000 mark. The on-chain technical structure suggests long-term sentiment remains bullish for the token.
Notably, the WIF price has formed a rising wedge, a pattern that signals that the token could recover in the short term and return to a bearish bias. Its is pegged at 46 and is pointed towards the bearish bias. Moreover, the Chaikin Money Flow (CMF) has turned negative and crossed the zero line, indicating dominant selling pressure.
WIF price is on track to find support at the $3.00 level. If the bulls take control of this region, it will shift market sentiments, pushing its value to new highs, possibly around the 3.30 level. Any additional gains could push the price of WIF towards the $3.5 and $4.00 levels.
Best Token To Buy This Quarter
While ADA experiences sell-off pressures, whereas WIF token encounters resistance, Lunex ICO continues to pick up steam after recording another price increase. Its growing user base and unique, innovative features have positioned LNEX for parabolic rallies.
Discover the Exciting Opportunities of the Lunex Network (LNEX) Presale Today!
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