Despite having secured a bullish flag when its year-to-date trajectory is observed, Ripple coin is experiencing fluctuations that might drive it below its $2.00 milestone. With a nearly 30% drop in trading volume just recently, XRP price seems to have joined Tron (TRX) in a bearish position, whose price has dropped considerably in the past month.
In the midst of this bearish momentum for both Ripple and Tron coin, investors are diverting their attention to Lunex Network (LNEX)— a presale DeFi platform whose success is currently worth over $6 million in revenue. As a result, it has received recurring attention as the best bet for unprecedented growth in the DeFi market this year.
Ripple (XRP) May Fall Below Its $2.00 Milestone Following TVL Decline
Ripple coin has shocked the crypto market by pricing out of its long-standing stagnation below $0.5 mark, which happened for years. In the last quarter of 2024, when Ripple broke out of this range, XRP price was able to hit a peak price above $2.70. Since then, the token has been consolidating around lower levels as it now holds in a weekly range of $2.27 and $2.31.
However, TradingView shows that XRP coin’s moving averages maintain a neutral position, suggesting that the top altcoin has the same potential for either a rise or fall soon. Cointelegraph also recently shared a post saying that Ripple (XRP) is preparing for a powerful move above $2.90.
In any case, this growing interest in its price trajectory has sparked even more optimism for Ripple as many think the top altcoin is bound to surpass its ATH price, especially when the bull market continues.
Tron Price Suffers From Bearish Pressure As It Price Falls Below Resistance
Since Tron (TRX) started declining below its all-time high price of $0.44, which it achieved on the 4th of December, 2024, it has continued to reflect a downward trajectory. While Tron Tron price currently reflects a 45% dip below this ATH, its price has dropped by 14% in the past month and nearly 10% in the past week.
This decline also shows a bearish consolidation below its monthly resistance of $0.27. In the past week, the price of Tron has hovered between a range of $0.23 and $0.27; however, its growth potential has been supported by Noi Exchange on X (formerly Twitter).
The popular X crypto analytics platform shared price predictions from ChatGPT, Perplexity, and Microsoft Co-pilot. ChatGPT’s prediction for the Tron price was around $1.0 to $1.10, then a targeted price range of $0.29 to $0.37 from Perplexity and up to $0.73 from the Microsoft Co-pilot.
Lunex Network Is Primed To Dominate The DeFi Market Due To Its Extensive Ecosystem
Lunex Network (LNEX) is a next-level exchange platform with a non-custodial nature that allows the trading of over 50,000 cryptocurrencies across over 40+ blockchains. While it transcends most traditional decentralized exchanges present today, Lunex makes sure its users have complete control of their assets while trading. In other words, when trading, buying, or swapping crypto assets, investors don’t need to fill in any personal information to rely on third-party wallets such as MetaMask or Trust Wallet.
This unique exchange platform particularly focuses on giving users an independent experience with fast and secure transactions. It also stands out for offering low transaction costs and robust asset protection. Aside from swapping or managing crypto assets , Lunex Network also features an advanced portfolio tracker that can be used to manage bonds, stocks, and ETFs, making sure investors from several financial markets are catered to.
Lunex Network also provides a means for businesses merchants to accept crypto payments and Web3 developers to build, with 65+ RPC (Remote Procedure Call) nodes. After raising over $6 million selling over 2.4billion of its tokens in a short period, experts are even more positive on its imminent growth. Its native LNEX has showcased a 350% surge from $0.0012 to $0.0054, granting early investors significant ROI.
Does Lunex Network Offer Stronger Growth Catalysts Compared to Ripple?
The impressive 350% surge that Lunex Network has achieved in sales highlights its strong growth potential and makes it a more compelling choice for investors seeking high ROI in the DeFi market. Although Ripple remains a market favorite, its recent stagnation and trading volume decline suggest Lunex Network might be the better bet for exponential gains.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
