XRP Set for Mega Rally To $5 As Breakout Confirmed, $1 is Within Lunex’s Reach This Bull Cycle

So far in this bull cycle, Ripple (XRP) has had one of the most stunning rallies, increasing by more than 350% on the monthly time frame.

Comfortably trading above $2.4, analysts have spotted a bull flag pattern that could see the altcoin price rise above $5, with more bullish cases suggesting $30 in this bull cycle.

This article is sponsored content and does not reflect the opinion of the CryptoDnes team. The material does not constitute investment advice and is provided by the respective company.

Lunex Network (LNEX) is another altcoin that can copy the same parabolic pattern of XRP. Already up by 266%, and with more than $5 million pouring into the DeFi project, analysts believe that the $1 milestone could be within reach for LNEX before this bull cycle ends.

Ripple (XRP) Forms Bull Flag, Next Price Target At $5

The Bitcoin (BTC) $100K milestone might be the biggest milestone of this bull market, but very few top crypto coins can match the explosive rally of Ripple (XRP). From a monthly low of $0.504 in November, the Ripple coin skyrocketed to trade above $2.8 for a brief moment in December, CoinMarketCap’s data shows.

Analysts still believe XRP could extend its massive rally over the next few weeks. In a recent analysis, Davie Satoshi explained that the Ripple crypto has formed a massive bull flag pattern. Based on his analysis, the next price target for XRP in this bull market is $5.

Levi Rietveld confirms a similar bullish pattern, noting that the XRP coin has broken out from a massive ‘W’ pattern on the monthly chart. Ripple (XRP) is more bullish, according to Levi, who believes the next technical target is as high as $30.

XRP could become one of the best cryptos to buy now if a price pump to $30 results, which would be more than 12x from present levels. However, there are some events that could fuel a rally of this magnitude, including the green light from Judge Torres for all financial institutions to use XRP. If more institutions use XRP, we could see a massive bull run for the altcoin.

Unmatched Potential for Lunex Network (LNEX) in This Bull Cycle

Lunex Network (LNEX) is a highly innovative DeFi protocol that allows you to freely access over 50,000 cryptocurrencies on over 40 blockchains with flawlessness. It takes swapping across blockchains to a whole new level, demand for Lunex has been on the rise, with the DeFi project raising over $5 million in presale.

The LNEX token has also been on the rise, pumping by more than 266% to reach $0.0044. As more people subscribe to Lunex Network, analysts believe LNEX could pump to $1 before this bull cycle ends. 

Compared to regular DEXs, Lunex Network puts forward a non-custodial system that gives users full ownership over their assets, allowing them to purchase, sell, and swap cryptocurrencies in a safe and simple way without using third-party wallets like MetaMask or Trust Wallet.

If you are looking for a platform to trade or swap cryptos at the lowest possible fees along with the highest possible security, then Lunex Network is a good network to look into. Additionally, Lunex’s sophisticated portfolio tracker allows you to monitor bonds, shares, ETFs, and cryptocurrencies, making it a complete solution for every type of investor.

In Conclusion

Based on analyses of experts and several technical indicators, Ripple (XRP) could end this bull cycle as one of the biggest gainers. While the next phase of its rally could take its price between $5 and $30, Lunex’s pump to $1 from $0.0044 makes it the best crypto investment of the year. So, if you want to join the DeFi revolution while making a fortune from the bull market, now is the perfect time to join the Lunex Network presale.

You can find more information about Lunex Network (LNEX) here:

Website: https://lunexnetwork.com

Socials: https://linktr.ee/lunexnetwork

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Kosta Gushterov

Kosta has been working in the crypto industry for over 4 years. He strives to present different perspectives on a given topic and enjoys the sector for its transparency and dynamism. In his work, he focuses on balanced coverage of events and developments in the crypto space, providing information to his readers from a neutral perspective.