Ethereum’s (ETH) Near-Term Direction Under Observation While Sui (SUI) Loses Momentum As Holders Move To This Booming Exchange Token

All eyes are moving to Lunex Network (LNEX), which is causing waves in the DeFi industry as Ethereum (ETH) faces negative pressure and Sui (SUI) battles to keep momentum. Lunex Network is being praised as a game-changer with its creative platform providing low fees, flawless blockchain connectivity, and unrivalled security. 

But can this promising initiative offer investors the large returns they are expecting and surpass the near-term promise of Ethereum (ETH) and Sui (SUI)? The presale phase of Lunex Network has already raised over $5.5 million and sold more than 2.3 billion tokens showing massive demand. Read on to find out the reason Lunex Network is attracting so much interest.

Lunex Network (LNEX) Gives Investors Big Profit Opportunities

By offering a safe, seamless platform connecting isolated blockchains without depending on third-party wallet integration, Lunex Network is transforming decentralized trading. Lunex Network employs smart contracts to handle all transactions, guaranteeing unmatched transparency, security, and efficiency, unlike typical DEXs like Uniswap and Pancakeswap.

Combining safety with unparalleled user ease, Lunex Network is a game-changer in the DeFi industry with ultra-low trading costs and the ability to trade over 50,000 cryptocurrencies across more than 40 blockchains. Priced at just $0.0048 apiece, the LNEX token, which is now in the presale phase, offers an amazing chance for early investors to make huge ROIs by next year. 

Projected to reach $450 billion by 2032, Lunex Network is positioned to take a sizable portion of the DeFi market by offering diverse benefits to users including a portfolio tracker that enables users to monitor multiple assets including stocks, bonds, ETFs, cryptocurrencies and more. 

Furthermore, Lunex Network also offers a non-custodial (B2B) payment gateway allowing businesses globally to accept cryptocurrencies as a form of payment method. Meanwhile, the Lunex Network presale has already raised over $5.5 million showing great investor interest.

Ethereum (ETH) Faces Bearish Pressure

With the Ethereum price declining more than 15% before reaching support at the $3,130 level, the altcoin has been under clear negative pressure over the past week. Still, a little bounce over the $3,300 level points to potential recovery for the Ethereum price. 

The Ethereum price chart shows notable consolidation between $3,100 and $4,100 over the previous month despite this temporary downturn; the altcoin’s price dropped less than 1%. This consistency and the general optimistic attitude of the community point to a long-term conviction in Ethereum’s (ETH) potential to resume the bullish trend shortly.

Meanwhile, both the Moving Average Convergence Divergence (MACD) and Moving Averages give buy signals on the Ethereum price chart, implying the altcoin might be about to undergo a bullish reversal.

Bullish Momentum Signals a Rally For Sui (SUI)

Notwithstanding negative pressure last week, the Sui price has shown notable price swings that indicate a struggle between bulls and bears. The Sui price rapidly picked back up momentum after a 10% decline that drove it down to the $3.52 support zone. The Sui price chart shows that this bullish momentum resulted in a small rally back above the crucial $4 level. 

This comeback emphasizes the optimistic attitude toward the altcoin even as Sui (SUI) surged by 18% over the previous month. Sui’s (SUI) price is still 13% behind its previous all-time high of $4.93, but the community’s faith in its potential is growing, hence feeding positive forecasts for its near-term direction.

Buy signals on the Sui price chart from Momentum Oscillators and Moving Averages help to confirm the likelihood of near-term higher movement. Strong community support and favourable technical trends indicate Sui (SUI) is ready for more growth.

Lunex Network Can Outshine Ethereum and Sui

Lunex Network (LNEX) stands out as a major competitor that is enhancing decentralized trading while Ethereum (ETH) negotiates negative pressure and Sui (SUI) struggles to keep bullish momentum. Lunex Network is an innovative DeFi protocol that enables perfect blockchain connectivity, ultra-low costs, and top-notch security. 

Lunex Network offers an unmatched chance for investors looking for significant returns in a fast-growing market as the presale keeps skyrocketing, generating over $5.5 million in a few months. Meanwhile, the presale tokens are fast selling out as the year comes to an end.

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

Website: https://lunexnetwork.com

Socials: https://linktr.ee/lunexnetwork