With the recent U.S. presidential election ending, activity within the crypto market has seemingly picked up regarding price movements. Thanks to Donald Trump's win, the community is now interested in a lot of altcoins.
For instance, Solana (SOL) and Ripple (XRP) are seeing green price charts. Even analysts like Immortal and InvestingHaven have made bullish price predictions for these crypto coins.
Expert Makes a Solana (SOL) Price Prediction
Solana (SOL) is one of the best altcoins. CoinMarketCap shows that the Solana price increased 25% in the last 30 days. During that time, this altcoin price moved between $148 and $186. Plus, the Solana market cap increased from $69B to $87B.
Crypto analyst Inmortal also remains optimistic about this altcoin. In his X post, he says that those who liked Solana (SOL) below $200 will love it once it hits $500. This Solana price prediction has excited a lot of people.
TradingView shows that the Solana crypto is trading above its 20-day EMA ($166) and its 50-day EMA ($158). Furthermore, its momentum indicator is 9.22 which is in the buy zone. Thus, this bullish trend may continue for Solana.
With the recent Canary Capital filing for a Solana ETF, its future looks bright. More people will be able to tap into its growth without buying it.
Ripple (XRP) Price Eyes Breakout
Ripple (XRP) is also seeing some growth. On the one-week chart, the Ripple price surged nearly 2%, as per CoinMarketCap. This altcoin traded between $0.52 and $0.53 in that period.
Written by seasoned experts, who have over 16 years of experience in Free Zones development. Learn more.
Many people say that Donald Trump could fire Gary Gensler as the head of the SEC following his win. This could spark a major rally for the Ripple crypto as a potential end to its case against the SEC may come.
Crypto expert InvestingHaven also made a bullish statement for Ripple (XRP). According to his X post, the Ripple coin now sees a bullish triangle pattern with a potential breakout level at $0.625. His Ripple price prediction forecasts a surge to $0.88 or even $1.91.
The technicals for Ripple also show some good signs. This altcoin is trading above its 20-day EMA ($0.522) and its 30-day EMA ($0.528) as per TradingView.
Crypto Market State After U.S. Election
Donald Trump's win has excited people a lot, especially in the crypto space. The hope for friendly policies, such as lower taxes and fewer rules, has spawned many traders ready to capitalize on the opportunity. Solana and Ripple lead the charge, but the whole market is up, starting with meme coins, DeFi coins, and more.
Lunex Network (LNEX), Briefly
As Solana and Ripple are the center of attention after the election, Lunex Network (LNEX) is becoming the hidden gem in the crypto market. Holding this altcoin will bring people passive income via staking, governance voting rights, and more. It recently completed its presale stages with 58% gains. With ambitions of revolutionizing the DeFi market, which could be worth $376M by 2025, its long-term growth potential could be amazing.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
