While Bitcoin is currently leading the crypto bull market, analysts believe that altcoins could be the driving force behind the next bull run. Some of the most successful altcoins that experts are making predictions for include Toncoin (TON), Stellar (XLM), and Lunex Network (LNEX) .

Analysts predict that Toncoin could soar to $7, while XLM is likely to trade at $0.85. Additionally, Lunex Network is a DeFi project with huge growth potential that could reach $1 as it expands its reach in the DeFi market.

Stellar (XLM) Begins Another Uptrend, $0.85 in Perspective

Stellar has been in an uptrend for the past seven days . During this time, the price of Stellar (XLM) rose from a low of $0.2362 to a weekly high of $0.6067 before falling again.

However, the bulls are not sleeping now. According to price data from CoinMarketCap , the Stellar cryptocurrency is showing double-digit growth on the 7-day and 30-day timeframes. On the 7-day chart, the gain is 91.6%. On the 30-day level, the gain is 414.8%.

The rally has brought the coin’s 14-day RSI above 70, which is overbought territory. This means that the number of buyers in the market has increased and hints at a potential correction if selling pressure intensifies.

Zain Haider predicts that Stellar price could rise to $0.7456 in the coming weeks. Another expert named CW claims that a new price increase is about to begin. They published a chart showing that the price of Stellar (XLM) has soared to $0.85.

Lunex Network (LNEX)’s Non-Custody Approach Attracts Investors

Lunex Network is one of the most promising projects in the DeFi market. Rich in unique features and user-focused, it provides a user-friendly, secure, and decentralized trading platform. The strength of Lunex is that it is not a custodial platform. This means that users can store their funds directly and therefore eliminate the risks associated with a third-party custodian.

Additionally, Lunex does not require KYC, so traders and investors can remain anonymous while trading and investing on this platform — always a plus for those who prefer to remain anonymous. In addition, the platform supports multi-chain transactions, which gives traders even more freedom and the ability to work and send more coins.

The main focus of Lunex is the staking mechanism, through which $LNEX token holders can earn income. Part of the income earned is used to buy back $LNEX from the market, which creates a supply cap effect and therefore increases the value of the token. The rest of the income is returned to the stakers, providing up to 18% APY on the investment.

Additionally, Lunex provides a portfolio tracker that allows you to track all your cryptocurrencies in one place. This tool helps users track their investments and make informed decisions. Lunex is still in the presale stage and has raised over $3.3 million to date. Currently at $0.0031 per $LNEX token, experts expect an 18x increase in price before the end of this bull cycle.

Toncoin (TON) Sees Bullish Momentum, Targets Key Resistance Level

According to market analyst Amina Chaattha , Toncoin is gaining momentum, bouncing off the low of $5,814 and approaching the crucial resistance level of $6,318. The price action of the altcoin is showing strong bullish signals, with higher lows and consistent recovery indicating that buyers are firmly in control.

Chaattha notes that if Toncoin successfully breaks the $6,318 resistance level, it could trigger further upside movement, potentially leading to $7. The strong presence of buyers confirms that bulls are in control of the current market sentiment.

Data from CoinMarketCap shows that the price of TON is up 14.5% on the 7-day chart. Toncoin price is also bullish on the 14- and 30-day timeframes, with gains of 17.3% and 24.2%, respectively.

In addition, most of the technical signals for Toncoin (TON) are positive. VWMA (10) and Stoch RSI (14) are giving buy signals, which supports the chances of an uptrend developing.

In conclusion

These forecasts show that analysts are optimistic about these altcoins — Toncoin (TON), Stellar (XLM), and Lunex Network. They believe that the market is preparing for a potential rally that could take their prices to new levels before the end of the year.

More information about Lunex Network (LNEX) can be found here:

Website: Lunex Network

Telegram: Join the growing Lunex community