A rally is looming in the DeFi market. Investors are moving towards decentralized coins like Uniswap (UNI) and Lunex Network (LNEX), which gives holders more power. Analysts forecast their prices could skyrocket in the coming weeks.
Meanwhile, Avalanche (AVAX) is making waves in the market. Analysts are expecting its price to rise to $150-$200 in the coming months.
The Uniswap token is among the best DeFi coins to look at right now. The cryptocurrency has printed gains on the price chart, according to CoinMarketCap.
On the 7-day chart, there is a gain of 46.7%. On the 30D timeframe, the cryptocurrency is up 63.3%. Uniswap’s (UNI) market cap is consolidating between $5 billion and $8.1 billion on the weekly level.
Looking ahead, Crypto Tony predicts the value of Uniswap crypto could continue its uptrend if it crosses the $14.80 resistance. If this happens, the value of UNI may soar to $15 in the short run.
Another analyst called Alex Clay forecasts a mid-term target of $28.4. According to him, the Uniswap price is about to retest the neckline out of a 1000-day cup and handle formation.
The Avalanche coin is consolidating around a major support level at $38-40. Bulls have stood their ground despite many attempts by bears to breach the region.
Currently, Avalanche (AVAX) is in profit. On the 7-day chart, the token has a gain of 25.0%. On the 14D timeframe, there is a profit of 26.1%, based on CoinMarketCap’s data. These gains show that the Avalanche crypto is part of the top gainers in the market.
Looking ahead, pundits expect AVAX to reach higher targets. A top analyst, OXEZO, noted the Avalanche token has followed his previous prediction at the beginning of November. He had forecasted the cryptocurrency would surpass the $32 resistance.
Going forward, OXEZO argued the value of the DeFi coin might rise to $150-200. Avalanche’s (AVAX) 14-Day RSI supports this potential uptrend. It is in the overbought region, which is a sign of high buying pressure.
Lunex Network is a DeFi platform that is bringing in new features that make the platform a fast one for trading. To eliminate the problems that are in the DeFi space, Lunex focuses on low commissions, high TPS, and compatibility with other chains, which is helpful for both new and old users.
Another advantage of Lunex is that it offers low-cost swaps that will enable users to achieve high profit margins. Unlike most other trading platforms that may require traders to pay high transaction fees, Lunex assists traders in maximizing their gains by using smart contracts to ensure faster transactions and low fees.
Lunex Network is still in the presale stage at the moment. It is being sold at $0.0033, with smart investors investing in its LNEX token for a 10x return in the future. In summary, Lunex is a DeFi solution that could fit modern traders’ needs. It provides low charges and quick processing of transactions. LNEX could be among the best DeFi coins in the future.
With Uniswap (UNI) and Lunex Network preparing for their possible rallies and Avalanche (AVAX) aiming for the $150-$200 price range, the DeFi space is set for a massive surge. Analysts say these altcoins could be among the next generation of cryptos to lead the coming bull run.
Website: https://Lunexnetwork.com
Socials: https://linktr.ee/Lunexnetwork
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