{"id":146596,"date":"2025-01-12T07:00:11","date_gmt":"2025-01-12T05:00:11","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=146596"},"modified":"2025-01-12T05:32:57","modified_gmt":"2025-01-12T03:32:57","slug":"ada-and-bnb-trade-below-monthly-support-investors-eye-this-altcoin-for-higher-returns-after-hitting-new-ath","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/ada-and-bnb-trade-below-monthly-support-investors-eye-this-altcoin-for-higher-returns-after-hitting-new-ath\/","title":{"rendered":"ADA and BNB Trade Below Monthly Support; Investors Eye This Altcoin for Higher Returns After Hitting New ATH"},"content":{"rendered":"

Cardano (ADA), another DeFi-supporting platform, is also striving to stay above $1 after dropping drastically by over 9% from a $1.10 price mark.<\/span><\/p>\n

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This publication is sponsored. CryptoDnes does not endorse and is not responsible for the content, accuracy, quality, advertising, products or other materials on this page.<\/strong><\/em><\/span><\/p>\n

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Even though Cardano\u2019s market cap has just surged by 5% following a brief price turnaround, its monthly decline shows the unstable phase of the current crypto market. However, despite the instability, Lunex Network (LNEX)<\/a>, an upcoming DeFi gem with robust crypto exchange features is maintaining a high stream of liquidity as investors keep flooding its presale network.<\/p>\n

Cardano Price Goes Bearish After Briefly Staying Above $1<\/strong><\/h2>\n

Cardano (ADA) is currently suffering from bearish pressure as it just recently consolidated to lower levels below its monthly resistance price of $1.02. Although <\/span>ADA price<\/span> still remains generally bullish, surging up to 86% when it priced out of its long-standing $0.5 range to hit $1 at the end of 2024, recent price trajectory casts a shadow of doubt on its bullish momentum.<\/span><\/p>\n

However, the native ADA token is slowly navigating its way out of consolidation as it now trades within a weekly range<\/a> of $0.90 and $0.95, which reflects a 5% surge. As such, investors are still somewhat confident about Cardano\u2019s trajectory especially as its market cap just jumped by 5% with CMC reflecting a 90% bullish sentiment from its community.<\/p>\n

Meanwhile, X analyst, RoundtableSpace has emphasized that its bullish pennant points to major price surges. In its recently shared tweet<\/a>, he also hinted that Cardano has $1.40 insight and could possibly smash $3 in due time, especially as DeFi\u2019s TVL keeps surging.<\/p>\n

Binance Coin, BNB, Stagnates Around Monthly Resistance\u00a0<\/strong><\/h2>\n

Having shown its potential to visit higher price levels by hitting a peak price of $793 in the last bullish wave, investors are quite confident for Binance (BNB) to manifest a resurgence. However, the top DeFi coin is still experiencing a fluctuating price trend as it has continued to consolidate around its $688 monthly resistance<\/a>.<\/p>\n

As the crypto market is currently facing a high degree of uncertainty from investors, Binance network has dropped by over 7% also. In rather positive news, Sinclaira Cat<\/a> shared recent data on X about how the user count on Binance has exceeded 250 million. This milestone is bound to reap positive gains when the bull market continues.<\/p>\n

An X analyst, anilsingsta<\/a>, recently shared a post when he predicted how far most altcoins will grow in the next 6 to 8 months. This post featured Binance coin, with the analyst projecting a $900 to $1,400 price target for it to achieve this year. Considering how prestigious Binance is as a top DeFi platform, this prediction is indeed plausible.<\/p>\n

Lunex Network Pose As A Better And More Lucrative DeFi Exchange To Invest In This 2025<\/strong><\/h2>\n

Posing as a potential-filled DeFi gem, Lunex Network (LNEX) makes sure that users can perform crypto swaps across 40 blockchain networks with over 50,000 crypto pairs to choose from. The platform also offers cashback rewards, low swapping fees, high liquidity pools and a revenue share model from its swapping protocol. Likewise, there is also a Portfolio Tracking feature which users can utilize to strategically manage their assets.<\/span><\/p>\n

Considering its robust DeFi infrastructure, this new platform has sold out most of its 4 billion presale token supply. In correlation with its sellout record, Lunex Network has also accumulated over $6 million, showing its potential to realize a far more staggering growth and traction when it eventually lists on both DEX and CEX platforms very soon.\u00a0<\/span><\/p>\n

Meanwhile, Lunex Network also appeals to both small and large scale investors who are already flocking to its network after over <\/span>350%<\/b> pump from $0.0012 to its current undervalued price of\u00a0 $0.0054 after a <\/span>350%<\/b> pump from $0.0012. Another huge factor behind the massive interest in its network is its non-custodial nature; here, users don\u2019t have to deal with third-party apps like Trust Wallet or MetaMask or even fulfill any KYC requirement.<\/span><\/p>\n

What Potential Does Lunex Network Have To Contend With Binance Coin?<\/strong><\/h2>\n

As an expansive exchange platform with a B2B merchant payment gateway for business owners or merchants and over 65 RPC nodes for developers to handle Web3 building, Lunex Network is capable of overthrowing Binance in the long run.<\/span><\/p>\n

You can find more information about Lunex Network (LNEX) here:<\/b><\/p>\n

Website: <\/b>https:\/\/lunexnetwork.com<\/b><\/a><\/p>\n

Socials:<\/b> https:\/\/linktr.ee\/lunexnetwork<\/b><\/a><\/p>\n

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This publication is sponsored. CryptoDnes does not endorse and is not responsible for the content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any action related to cryptocurrencies. CryptoDnes shall not be liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with use of or reliance on any content, goods or services mentioned.<\/strong><\/em><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Most cryptocurrencies are currently facing a rough price trajectory, including top DeFi coins like Binance (BNB) whose token is struggling to maintain a positive position above its crucial $700 mark.<\/p>\n","protected":false},"author":9,"featured_media":146597,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[54],"tags":[270,426,91,258,112,424,108,416],"coin_category":[],"class_list":["post-146596","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-pressrelease","tag-altcoins","tag-binance","tag-binance-coin","tag-bnb","tag-cardano","tag-crypto","tag-price","tag-pump"],"acf":[],"yoast_head":"\nADA and BNB Trade Below Monthly Support; Investors Eye This Altcoin for Higher Returns After Hitting New ATH<\/title>\n<meta name=\"description\" content=\"Most cryptocurrencies are currently facing a rough price trajectory, including top DeFi coins like Binance (BNB) whose token is struggling...\" \/>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ADA and BNB Trade Below Monthly Support; 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