AVAX Bullish Momentum Fades, As LNEX Surges to New ATH - Will XRP Price Regain a Bullish Outlook?

Avalanche9000, regarded as one of the most significant upgrades since its inception, has officially launched on the main net. The upgrade introduces key features designed to enhance the ecosystem’s functionality and user experience. This could, in turn, boost Avalanche price movement, which has seen a weekly dip of 26%.

Despite enhanced volatility, the first half of December has been successful for Ripple’s price movement. At the beginning of the month, XRP’s price exceeded a multi-year high of $2.80. However, things have suddenly turned in the past few days, with Ripple plunging around the $2 region. Meanwhile, a new presale gem, Lunex Network, has continued to record a positive outlook raising over $5.3M in its presale and seeing a price surge of over 283%.

Lunex Network Ignites Bullish Trends Amid A Bearish Market Outlook

Lunex Network continues to gain the attention of crypto investors globally. It positions itself as a project with unlimited potential, owing to its successful early-stage ICO that has already raised over $5.3M. The LNEX token has also achieved a current price of $0.0046, representing a surge of over 283% for early investors. This impressive surge has been attributed to the project's unique DeFi features.

Lunex Network sets itself apart by offering a top-of-the-class privacy-focused DeFi experience. The platform's non-custodial foundation gives users complete control of their assets. A unique revenue-sharing model enhances the appeal of Lunex Network, as part of the platform’s revenue is allocated to staking rewards and token buybacks.

Its cross-chain compatibility eliminates the need for third-party wallets allowing traders to swap more than 50K assets across 40-plus blockchains easily. These brilliant features make Lunex Network a perfect opportunity for people looking to enjoy a high return on investment while exploring what the DeFi market offers.

Avalanche Price Analysis: Can The Avalanche9000 Launch Lead to a Breakout?

Avalanche has seen some downtime in December following a strong bullish outlook in December. The AVAX price has dipped to around the $35 region, providing a purchasing opportunity for both short-term and long-term investors. The dip has also seen Avalanche pull back to a crucial support zone.

However, recent developments, including the launch of the Avalanche9000 and the $250m AVAX token sale, could help the token regain a bullish outlook. Avalanche’s 100—and 200-day simple moving averages suggest a solid foundation for building long-term bullish momentum in Q1 of 2025. Looking past December, Avalanche’s growth potential remains optimistic. The crypto market trends indicate a growing interest in Layer-1 networks, which benefits the Avalanche Foundation.

AVAX’s recent price dip has also jeopardized bullish price predictions. While investors remain hopeful of a rebound, a tumble below $40 seemed steeper than projected. Avalanche must quickly break out of the struggle before dipping below the $30 region.

Why Is Ripple’s Price Dipping?

One of the main reasons behind Ripple’s price dip is the severe market correction within the entire crypto market. This global market cap has also experienced a significant dip with Bitcoin, which hit an ATH of over $108K on December 17 and is now trading around the $96K region.

The crypto market started dipping shortly after the Federal Reserve announced the latest interest rate cut. It reduced the benchmark by 0.25%, with Jerome Powell hinting that the policy could be halted in 2025 due to increased inflation. Additionally, spot Bitcoin ETFs witnessed the biggest outflows in a single day.

However, despite the substantial plunge in Ripple’s price performance, analysts remain optimistic that XRP’s bull is not over. According to Crypto Bitlord, the latest correction presents a local bottom, after which the price of Ripple could surge as high as $5.

Will Q1 See Lunex Network Hit $1?

Despite the recent market correction that has seen tokens like Avalanche and Ripple dip to critical support levels, Q1 of 2025 offers a unique opportunity for such coins to regain surging momentum. The same applies to Lunex Network, which has been gaining significant attention owing to its brilliant features and the potential for exponential growth. With such momentum, it's possible that Q1 could see the LNEX token hit the $1 region.

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

Website: https://lunexnetwork.com

Socials: https://linktr.ee/lunexnetwork