Top 3 Cryptos to Buy Now: AVAX, ETH & LNEX at Generational Lows

Top Cryptos Poised for the Upcoming Bull Run: LNEX, ETH, and AVAX

As the cryptocurrency industry prepares for a potential bull run in Q4, three projects are standing out: Lunex Network (LNEX), Ethereum (ETH), and Avalanche (AVAX). These cryptocurrencies are gaining significant traction due to their innovative solutions and advanced technology, making them strong contenders for widespread adoption during the anticipated bull market.

Avalanche (AVAX) Continues to Show Promise

Avalanche (AVAX) has displayed promising price performance recently, driven by strong support levels and increased activity from large investors. Whale activity on the Avalanche network has surged, indicating that several high-net-worth investors are bullish on the token’s prospects.

The altcoin has surpassed its 50-day Simple Moving Average (SMA) of $24.66, signaling short-term support and possible bullish momentum. Currently, Avalanche is trading above its 200-day SMA, and it has recorded 17 green days in the past 30 days, reflecting a 57% rate of positive daily price movement.

• Avalanche has shown favorable market performance with strong liquidity.
• Analysts predict that Avalanche will see significant growth as its ecosystem expands.
• The token’s price is expected to surge in the imminent bull market.

Can Ethereum (ETH) Maintain Its Recent Climb?

The recent rise of Bitcoin has fueled a recovery in the cryptocurrency sector, with Ethereum (ETH) benefiting from a 6% price increase, reaching $2,444. However, the critical demand zone between $2,252 and $2,440 remains a key area of focus for investors.

Despite the upward movement, several signals point to a potential drop in Ethereum’s price:

• Geopolitical tensions, such as the conflict between Iran and Israel, could impact Ethereum’s price.
• The MVRV ratio over the past year stands at -14%, suggesting potential future declines.
• A decrease in whale transactions indicates institutional hesitation to invest at current levels.
• An increase in Ethereum held on exchanges could signal upcoming price drops.

Ethereum’s price recently hit $2,449, marking a 5.70% increase over the past three days. However, on-chain indicators suggest that selling pressure might lead to a surprise selloff for investors, casting doubt on Ethereum’s short-term outlook.

Lunex Network (LNEX): A Game-Changer for Traders, Developers, and Businesses

Lunex Network (LNEX) is quickly gaining popularity due to its ability to provide immediate swaps with institutional-grade liquidity. This allows traders to execute large trades without experiencing slippage, a common issue in decentralized markets. By offering access to deep liquidity pools, Lunex Network attracts whales and large investors looking to move significant amounts of capital efficiently, even during periods of high volatility.

The platform offers benefits for traders, developers, and businesses alike:

• For traders: Lunex Network offers record-low fees, lightning-fast transactions, and exceptional interoperability.
• For developers: The protocol provides instant access to 65 RPC nodes, streamlining the development and deployment of decentralized applications (dApps).
• For businesses: Lunex Network’s advanced merchant payment gateway enables easy integration of cryptocurrency payments, making it an attractive option for companies.

Lunex Network ($LNEX) is currently in stage 3 of its presale, with analysts forecasting a steep 1,800% value increase in 2024. The token is expected to reach a 100x multiplier during the upcoming bull market. At present, $LNEX tokens are priced at just $0.0015, offering an appealing investment opportunity for those looking to capitalize on the next crypto surge.