The cross-border payment coin called Ripple (XRP) is showing resilience amid the ongoing downtrend. Its price has remained above $2 despite attempts from bears to pull it to former lows. Another coin that has shown strength is the Lunex Network.
It has increased its gains to 283%, gaining the attention of investors looking for the best cryptocurrency investment. Analysts forecast LNEX’s price could surge to $1 soon. Meanwhile, Sui (SUI) is targeting $5.
Ripple (XRP) Bulls Outshine Bears
The Ripple price recorded a sharp decline on Friday. Its price dropped below $2, sending panic and FUD among investors. Fortunately, bulls were present at this level to force a reversal.
This move confirms the level of strong support that could hold in the case of another trend. Besides, CoinMarketCap data indicates that Ripple (XRP) has been trading above this level since December 2.
Due to the downtrend, the Ripple coin price has dipped by 9.4% on the weekly timeline. Nevertheless, technical analysis shows it is still bullish. The relative strength index is above the midline which means bulls are in charge.
Ali Tekin forecasts the value of the Ripple crypto might rise to $3.5 soon. Another analyst called CryptoFayz gives a higher target. He told his followers that XRP is going to $5.
Sui (SUI) Prints Higher Lows Amid Downturn
The Solana killer is showing downward movement on the price charts. The Sui coin is mirroring the bearish trend in the crypto market. According to data from CoinMarketCap, the value of Sui (SUI) has declined by 21.2% in the weekly timeframe.
Nevertheless, the DeFi coin remains bullish on higher time frames. The monthly and yearly levels currently had prior increases of 1.6% and 439.4%.
Going forward, analysts are hoping for a trend reversal. One of them is CryptoBullet1. They posted a Sui price chart which showed the cryptocurrency has printed another higher low.
In addition to this, the chart shows the value of Sui (SUI) usually increases after such lows. CryptoBullet1 believes this scenario could play out again this cycle. If this happens, the Sui price might surge to $5.4 in the coming weeks.
Lunex Network’s (LNEX) No KYC Approach Attracts Investors
Lunex Network (LNEX) is disrupting the DeFi market by offering a no-KYC approach to the concept of decentralized finance. Unlike most cryptos that are associated with invasive KYC (Know Your Customer) policies, Lunex Network offers users the highest level of privacy while allowing them to trade, stake, and manage their assets with ease. This revolutionary approach helps to simplify the onboarding process and make the DeFi space more diverse and open.
Lunex Network is also focused on decentralization and, therefore, does not hold users’ private keys and assets, giving them full control instead. This makes users the only ones in charge of their funds, which helps to avoid the problems that arise from third-party custody and fully complies with the principles of decentralization.
Lunex Network takes the user experience to the next level with the best cross-chain solutions that allow users to swap more than 50,000 tokens across different blockchains. This revolutionary feature enables users to make transactions in the shortest time possible and at a much lower cost than on other platforms.
At the moment, the LNEX token is trading at $0.0046. Currently, Lunex Network has already collected over $5.3 million, and its popularity among the members of the crypto community is only growing. Analysts are expecting the token to reach $1. This rather daring forecast is based on Lunex Network’s potential to attract more investors with features like anonymity, security, and decentralization.
Can Lunex Network Outshine Ripple (XRP) And Sui (SUI) As the Best Crypto Investment In Q1 2025?
Sui and Ripple are among the top altcoins with the potential for massive growth next year. Nevertheless, experts believe Lunex Network could give high gains due to its low market cap and unique features. They say Lunex’s no-KYC policy and cross-chain swap feature could attract many investors, increasing the usage and price of LNEX.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork