Cardano

DeFi

Resistance

<p>The Sui network has seen ground-breaking milestones, processing an astonishing $298 million in a single day. This increase in activity has fueled growing speculations about its potential price growth as the token’s increasing utility and adoption continue to gain traction. Similarly, Cardano (ADA) broke out from a critical resistance after a 41% rally in its weekly time frame.</p>  
<p>Meanwhile, <a href="https://lunexnetwork.com/?utm_source=cryptonewsland&amp;utm_medium=en&amp;utm_campaign=9&amp;utm_content=27&amp;utm_term=suiada" target="_blank" rel="noopener noreferrer nofollow">Lunex’s</a> ICO continues to pick up steam due to its expanding community and successful presale. A few weeks into its price discovery, the project raised over $3.1 million and delivered over 158% ROI to early adopters.</p>  
<h2 class="wp-block-heading" id="h-lnex-price-surges-to-0-0031">LNEX Price Surges To $0.0031</h2>  
<p>Lunex Network (LNEX) is redefining the DeFi market as we know it. It introduces a revolutionary DEX platform, enabling users to sell, buy, and swap over 50,000 crypto pairs across 40+ blockchains at lower fees through smart contract technology. With lower fees and lighting-fast transactions, Lunex aims to enhance user experience like never before.</p>  
<p>In addition, Lunex has removed the standard KYC requirements and third-party wallet linking, a feature that has appealed to privacy-conscious investors. Lunex is also available to mobile traders. The app syncs with live market data and enables users to swap across thousands of assets in a few taps. Moreover, Lunex has a simple interface for new and experienced investors.</p>  
<p>Besides this, Lunex will offer passive income through its revenue share model. Here, Lunex will take a portion of its revenue from subscription and trading to buy <a href="https://lunexnetwork.com/?utm_source=cryptonewsland&amp;utm_medium=en&amp;utm_campaign=9&amp;utm_content=27&amp;utm_term=suiada" target="_blank" rel="noopener noreferrer nofollow">LNEX</a> tokens from the open market, which are then redistributed among LNEX holders. Savvy investors are flocking to buy LNEX, selling for $0.0031. A potential crypto exchange listing is expected to increase its value to parabolic highs.</p>  
<h2 class="wp-block-heading" id="h-cardano-price-surges-by-41">Cardano Price Surges By 41%</h2>  
<p>Cardano has seen an impressive rise in November, surging by 208% in the past month, according to <a href="https://coinmarketcap.com/currencies/cardano/" target="_blank" rel="noopener noreferrer nofollow">CoinMarketCap data</a>. The token has tripled its market capitalization to reach the $1.00 mark for the first time since April 2022. However, Cardano bulls have encountered a resistance zone.&nbsp; The recent price surge can be attributed to increased whale activity and favorable market trends.</p>  
<p>Crypto analyst Ali Martinez <a href="https://x.com/ali_charts/status/1859949377156202971" target="_blank" rel="noopener noreferrer nofollow">suggested</a> that Cardano whales’ and institutional players’ positioning with a massive volume of Cardano transactions on the network has surpassed $22 billion in a single day. These large transactions seem to be related to high accumulation levels. The on-chain <a href="https://www.tradingview.com/symbols/ADAUSDT/technicals/" target="_blank" rel="noopener noreferrer nofollow">technical structure</a> indicates that the token could be overbought.</p>  
<p><a href="https://x.com/santimentfeed/status/1860086346129506720" target="_blank" rel="noopener noreferrer nofollow">Santiment data report</a> indicates that traders realized gains were at their highest in eight months. Notably, over $165 million was seen in realized ADA profits, the largest since March 19, 2024. This indicates imminent profit-taking behavior from investors, which might contribute to the ADA price drop. If the price does not fall below $0.80, the bulls would have turned this region into a support. This would enhance ADA’s chances of recording higher highs.</p>  
<h2 class="wp-block-heading" id="h-sui-price-analysis-could-it-hit-10">Sui Price Analysis: Could It Hit $10?</h2>  
<p>Sui’s price has witnessed <a href="https://coinmarketcap.com/currencies/sui/" target="_blank" rel="noopener noreferrer nofollow">impressive growth</a>, flipping several vital resistance levels into support levels. It has also invalidated a small double-top pattern forming, which is, more often than not, a bearish reversal sign. The token is about 58% above its 50-day moving average and 95% higher than its 100-day exponential moving average.</p>  
<p>Notably, the Average Directional Index (ADX) indicator is moving towards the 38 mark, which signals the token has strong momentum. Moreover, the Stochastic Oscillator and <a href="https://www.tradingview.com/symbols/SUIUSDT/technicals/" target="_blank" rel="noopener noreferrer nofollow">Relative Strength Index</a> have increased to overbought conditions. In the long term, SUI price could witness more upside, potentially rallying towards the $10 mark, a 170% increase from its current level.</p>  
<p>This scenario can only come true if the price of SUI flips the critical level at $5. The rally toward the $10 mark will not be linear; there may be risks of declines. In this case, the SUI token could drop to $2.35 and then return to a bullish trend, a break-and-retest. A drop below the $2.17 mark could invalidate the break-and-retest, potentially signaling a downtrend toward the $1.</p>  
<h2 class="wp-block-heading" id="h-three-bullish-altcoins-in-november">Three Bullish Altcoins In November</h2>  
<p>Experts believe LNEX, SUI, and ADA are well-positioned to garner substantial gains in December. Lunex, in particular, has a smaller market cap, which requires fewer funds for its price to increase significantly.</p>  
<p><strong>Discover the Exciting Opportunities of the Lunex Network (LNEX) Presale Today!</strong></p>  
<p><strong>Website: </strong><a href="https://lunexnetwork.com/?utm_source=cryptonewsland&amp;utm_medium=en&amp;utm_campaign=9&amp;utm_content=27&amp;utm_term=suiada" target="_blank" rel="noopener noreferrer nofollow"><strong>Lunex Network</strong></a></p>  
<p><strong>Socials:</strong><a href="https://linktr.ee/lunexnetwork?utm_source=cryptonewsland&amp;utm_medium=en&amp;utm_campaign=9&amp;utm_content=27&amp;utm_term=suiada" target="_blank" rel="noopener noreferrer nofollow"><strong> Join Lunex’s Growing Community</strong></a></p> 
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<p>The post <a href="https://cryptonewsland.com/sui-to-go-parabolic-cardano-breaks-key-resistance-with-a-41-rally-lnex-price-hits-ath-whats-next/" rel="noopener noreferrer nofollow">Sui To Go Parabolic: Cardano Breaks Key Resistance with a 41% Rally, LNEX Price Hits ATH, What’s Next?</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

Sui To Go Parabolic: Cardano Breaks Key Resistance with a 41% Rally, LNEX Price Hits ATH, What’s Next?

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