SHIB Indicators Showing Mixed Signals While Tron and New Exchange Token Rally Towards $1

Although Shiba Inu has remained in the consolidation phase for some weeks, it shows bullish patterns that could trigger a rally.

Also, Tron is another token that has witnessed massive rallies in the past weeks. With the surging Tron trading volume, the altcoin price might hit $0.50 in early 2025.

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Meanwhile, a new presale star, Lunex Network, is making giant strides in the crypto market. The LNEX token has witnessed massive adoption among Shiba Inu and Tron investors who have seen its potential. Driven by a multi-chain DeFi exchange, Lunex Network might follow the path of popular tokens like BNB with high expectations of 40x before launch. 

Lunex Network is the Future of the DeFi Market

In the past months, the DeFi space has faced issues of interoperability and high transaction fees, which is what the Lunex Network trading exchange is about to address. Lunex Network is a non-custodial crypto exchange that allows users to trade and swap cryptocurrencies across multiple blockchains at the lowest costs.

The exchange doesn’t require rigorous KYC processes or wallet connections like Meta Mask. It prioritizes anonymity, as all a user requires is the receiving address to initiate a transaction. In addition to offering over 50,000 trading pairs, there is a Lunex Pro feature, which provides users with extra incentives like anti-money laundering services and cashback on all wallet addresses.

Users can track their assets using the unique portfolio tracker or stake their tokens for as little as 30 days and earn high APY yields. There is also a profit-sharing model aimed at rewarding LNEX token holders. Given these massive features, early buyers are already in profit. At $0.0036, investors have the opportunity to join the LNEX token presale before it hits exchanges.

Tron Coin Bullish Momentum Could Propel it to $1 Soon

Tron is among the cryptos that have witnessed slight rallies in the past few weeks. Although not comparable to the likes of Bitcoin, CoinMarketCap data shows that the TRX price has increased by 25% in the past month. The Tron token has also surged by 100% in the YTD price metrics to rank among the top cryptos. 

Crypto Zillion, a prominent crypto trader, analysed the Tron price chart and found that the coin is on a bullish run. According to an X post, the trader believes the Tron coin may retest the $0.2250 resistance zone in the coming weeks. A break above the mark could push it towards $0.2350.

Tron market indicators are very positive, with bullish market sentiment. The Tron Fear and Greed Index is 80 (extreme greed). Also, the Tron token is trading above the 50-day and 200-day SMA as per Tradingview. According to Justin Sun, Tron founder, TRX will follow the path of XRP soon which has been on a bull run for the past week.

Shiba Inu Coin Expected to Reach $0.000081 in Coming Weeks

Although Shiba Inu is still in the dip, market observers are still bullish about the future of the meme coin. One such expert is JavonTMI, who believes the Shiba Inu coin will join the bull rally as soon as it shows major strength in the market. The expert claims that the milestone of reaching $0.000081 is still achievable in the coming weeks.

However, Shiba Inu market indicators are showing mixed signals. While Shiba Inu’s trading volume is up by 37%, the market cap is currently down by 3%, as per CoinMarketCap. Shiba Inu’s 14-day RSI shows 77%, indicating the coin is currently in the overbought territory.

Meanwhile, the Shiba Inu token has recorded 17 green days in the past month and has a bullish market sentiment. Looking at the Shiba Inu chart in Tradingview, the meme coin needs to stay above the $0.000027 support zone to trigger another bullish move. Meanwhile, Coincodex sees the coin’s price rebounding towards the $0.000030 mark in the coming days.

Which Cryptos Are Worth Buying Right Now? 

Tron and Shiba Inu are among the cryptos witnessing high market activity, which could lead to more rallies. However, Lunex Network could offer more ROI, given its goal of revolutionizing the $100B lucrative DeFi industry. With almost $4M raised in presale, LNEX could hit $0.1 in early 2025 and $1 by the time it lists in exchanges like Binance.

Discover the Exciting Opportunities of the Lunex Network (LNEX) Presale Today!

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Kosta Gushterov