Analysts bullish on Sui breaking $4, Lunex Network jumps over 158%

Sui targets a $4 breakout while Lunex Network surges 158%, with analysts forecasting 10x gains for the privacy-focused crypto exchange.

The cryptocurrency market is deep in bull territory as top altcoins perform beyond expectations. Sui (SUI) is attracting the attention of analysts with its upward move towards $4. 

On the other hand, Lunex Network is taking the lead on the gainers chart. The value of the LNEX coin has risen by 158% in the past few weeks. Experts forecast its value could rise by 10x in the coming months.

Sui aims for $4 breakout, see potential targets 

At the moment, the Sui coin is trading above the $3 mark. On the 7-day chart, its price has increased by 24.0%. On the 30-day chart, there is a gain of 80.2%. In addition, the market cap of Sui has soared. It is consolidating around the $8.5-$11.5 billion range on the weekly timeframe on CoinMarketCap. 

Looking ahead, analysts expect the value of the Sui crypto to breach the $4 level in the coming weeks. Altcoin Buzz believes the value of the token might skyrocket once it breaches the $4 resistance.

Another analyst that believes such a breakout is possible is AMCrypto. According to them, Sui’s TVL and network activity is rising. So, a price increase to $4.5 could be possible in the coming weeks.

Furthermore, Karl expects a potential rally to $4.2 in the next few days. If this uptrend continues, the Sui price might climb to $6.2. Meanwhile, Karl’s chart showed the cryptocurrency soaring to a peak of $21 in the long term. 

Lunex Network brings fast cross-chain swaps to traders

Lunex Network is building a non-custodial crypto exchange for smooth token swaps. The platform aims to allow the exchange of coins from one network to another without the restrictions of a centralized exchange. Also, Lunex Network allows traders to remain anonymous while enjoying high speed and low fees.

KYC is not required on this platform. This will enable users to trade with anonymity. By doing away with these conventional onboarding needs, Lunex Network greatly reduces the entry obstacles into the crypto space, thus making crypto trading more attractive to those who value their privacy and convenience.

For those traders who want to get more from the platform, Lunex Network provides Lunex Pro – a paid service that makes the trading process even more convenient. Subscribers get cashback on every trade and enjoy Wallet address AML checks, providing more flexibility and openness. They are designed both for users who value their anonymity and for those who need extra operational capabilities.

The native token, LNEX, is a huge part of the ecosystem. Staking rewards are available for token holders. However, the gains depend on the lockup period. The Lunex Network could attract traders and investors who appreciate the flexibility and profitability of cross-chain interoperability, user privacy, and other features. At present, Lunex Network is in the presale phase. 

The value of its native token, LNEX, has risen by over 158% to $0.0031. The project has also raised up to $3 million in funding. The project plans to raise up to $5 million before the end of the presale. Due to its utility, analysts have tagged LNEX as one of the leading coins to invest in now.

Final thoughts 

While Sui aims for a breakout above $4, Lunex Network could see more gains in the coming weeks. Analysts believe its utility and connection to a top DeFi project could propel it to new price levels in the future. Experts say its price may rise by 10x in the coming months. They also expect another increase of 20x after the token is listed on top exchanges. 

To learn more about Lunex Network, visit the Lunex Network website and join Lunex’s growing community.