Pepe and Dogecoin Show Bullish Patterns Amid Crypto Market Downturn, As New DeFi Coin Lunex Network (LNEX) Catches the Interest of Top Investors

Despite the current crypto market downturn, top meme coins like Pepe and Dogecoin have continued to show bullish patterns. Amid the massive sell offs as observed by Lookonchain, the Pepe coin is showing signs of resurgence. Dogecoin’s price is tipped to surpass $1 if it can find support above $0.40. While cryptos are down, DOGE is positioning itself for a potential breakout.

Meanwhile, a new DeFi coin, Lunex Network (LNEX), is catching the interest of top investors. The main appeal of this innovative DeFi trading exchange is the non-custodial approach which gives users control over their assets. With the cross-chain feature, traders will be able to instantly buy, sell and swap cryptos across multiple blockchains without worrying about KYC.

Here are the key highlights:

- Pepe coin price hit bottom, set for uptrend.

- Dogecoin price is tipped to surpass $1.

- Lunex Network (LNEX) presale exceeds expectations.

Pepe Coin Price Analysis

Pepe’s (PEPE) impressive 1409% year-to-date growth ratio is one of the reasons why interest in the top meme coin remains high. Despite undergoing a market correction in recent weeks, Pepe has shown remarkable progress, gaining over 1% in the past 24 hours. The failure of the bears to push the Pepe price below the $0.00001700 support level in the past few days shows the resilience of the bulls.

Crypto analyst Zuri thinks that the Pepe coin price has hit the bottom. As such, a bullish move could follow very soon. For Natalie Dormer, the price of Pepe is at the level of strong support where a large liquidity squeeze was made. Dormer thinks that the Pepe crypto price could dip towards $0.0000165 before witnessing an uptrend.

Pepe coin is trading below the 50-day SMA but above the 200-day SMA as per Tradingview data. Despite the bearish market sentiment, Pepe’s fear and greed index remains neutral. With anticipations of a market rally in the coming days, Pepe is one of the altcoins to invest in for long-term gains.

Dogecoin Price Analysis

While Dogecoin (DOGE) is a popular memecoin, its value hasn’t reached $1 despite massive support from popular influencers like Elon Musk. The price of Dogecoin dropped by 15% in the past month based on CoinMarketCap stats. However, the meme coin has maintained support above $0.30 signifying strong investors confidence in the altcoin.

Satoshi Flipper, looking at the Dogecoin price chart, notices a bull flag filling out perfectly. The analyst believes that once a breakout occurs, the Dogecoin price could skyrocket towards the $1 mark.

Despite Satoshi Flipper’s optimistic outlook, key Dogecoin oscillators such as VWMA (10) and Hull Moving Average (9) are flashing sell signals. Likewise, Dogecoin’s 14-day RSI is 42% while the coin trades below both the 50-day and 200-day SMAs as per Tradingview. However, if Dogecoin crypto can sustain its current uptrend and move past the $0.40 resistance zone, $1 is attainable in Q1.

Lunex Network Price Analysis

While there are several crypto projects in the market, none has gotten as much attention as Lunex Network (LNEX). The new DeFi project has broken several milestones with over 2.4 billion LNEX tokens sold within a few weeks. So far, more than $6 million has been raised in the ongoing presale, signalling a high adoption rate. However, what could be triggering this surge?

One feature that makes Lunex Network stand out is the mobile exchange which gives traders access to over 50k trading pairs at the lowest cost. This opens the door for many trading opportunities which will boost traders’ profits. Also, the staking feature allows users to stake the token for as little as 30 days and receive high APY yields.

Another notable feature is the profit sharing model which allows the team to use a percentage of the revenue to buy back the LNEX tokens from the open market and redistribute it to holders. Adding to the fact that the LNEX token is used for listing fees in the trading exchange, there is a high chance of token scarcity which will boost the value in the long term.

Businesses can also utilize the non-custodial B2B payment gateway that allows e-commerce vendors to receive payments in cryptos and convert them into fiat, eliminating the need for currency conversion while avoiding delays. The LNEX token is sold for just $0.0054 with early investors having made over 350% returns. Given the growing influence, the token might hit $1 in 2025.

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