Analysts Divided Over Tron Price Forecasts As Sui and Lunex Network See Profits

The cryptocurrency market is not lacking in controversy, and Tron (TRX) is one of the coins that are in the middle of analysts’ debates. While some are predicting an uptrend, others say prices could fall.  In other news, Sui (SUI) and Lunex Network (LNEX) are trading in profits. Their prices have increased in the past [...]

Nov 18, 2024 - 19:37
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Analysts Divided Over Tron Price Forecasts As Sui and Lunex Network See Profits

The cryptocurrency market is not lacking in controversy, and Tron (TRX) is one of the coins that are in the middle of analysts’ debates. While some are predicting an uptrend, others say prices could fall. 

In other news, Sui (SUI) and Lunex Network (LNEX) are trading in profits. Their prices have increased in the past few days due to high buying activity. Analysts say these altcoins could record more gains in the coming months.

Sui (SUI) Crosses $3, See Potential Targets

Sui (SUI) is living up to its name as the Solana killer. The cryptocurrency is currently green across all timeframes, with a yearly gain of 485.8%, according to CoinMarketCap. The Sui coin has crossed the $3 level and is now aiming for higher levels. 

CryptoKnight forecasts the value of the Sui token may rise to $4 in th next few weeks. CooITimes also supports this prediction. The analyst posted a chart on X which showed the value of the altcoin price pumping to $4.

The cryptocurrency must cross the resistances at $3.64 and $3.75 to reach this level. Meanwhile, other experts have given more bullish price forecasts. XForceGlobal, for instance, believes the Sui price could pump to $10. CryptoBit also shared a price target of $10.

Tron (TRX): Analysts Divided Over Next Targets 

Tron (TRX) has surged to a weekly peak of $0.188 this week. The price increase occurred after bulls breached the $0.17 mark on November 12, per CoinMarketCap. While many expected a rally to $0.2, the cryptocurrency could not enter the $0.19 region.

Although there has been a minor correction, the Tron price still remains above the 50-SMA at $0.161494. Looking ahead, analysts are bullish about the price movement of Tron (TRX). 

CW posted a chart on X, which showed the value of the Tron coin rising to $0.2000. Another analyst called Few predicts the cryptocurrency’s price could surge to $0.2900 soon.

On the other hand, Part-Time Trader is not bullish about TRX. The trader took to X recently to post a bearish forecast. Part-Time Trader predicts the value of the Tron token may dump to $0.0430 in the next few weeks.

Investors Join the Lunex Network (LNEX) Presale As the 

The Lunex Network (LNEX) presale has become popular among investors, and the platform has raised over $2.4 million. At the moment, the LNEX token is valued at $0.0026, which means early investors can buy a share in one of the best DeFi projects today. 

Experts expect the Lunex Network to grow by 18x as it grows to be the next blue-chip crypto. One major feature of Lunex Network is its cross-chain trading features. Unlike exchanges that only operate within a single blockchain network, Lunex provides token exchange between 40+ different blockchain networks and for over 50,000 cryptocurrencies. 

This functionality reduces the cost of swaps and is faster and less likely to be subject to mistakes. To the traders, it will be an opportunity to trade freely across various networks. They don’t also need to rely on third-party wallet providers like MetaMask. The platform has its own built-in wallet, which users have total control over.

Based on the successful presale, cross-chain solutions, anonymity, and ecosystem, Lunex Network will undoubtedly transform the DeFi market. To early investors, Lunex is an opportunity to contribute to the success of an innovative project that is not just adapting to the market but setting trends in decentralized trading and more.

Final Thoughts

While experts argue about the price trajectory of Tron (TRX), investors are looking up to Sui (SUI) and Lunex Network for gains. Analysts have dubbed them the best cryptos to buy for gains in the coming months.

You can find more information about Lunex Network (LNEX) here:

Website: Lunex Network

Telegram: Join Lunex’s Growing Community

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CryptoFortress Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.