The Stellar (XLM) price has been trading in a narrow range for a long time. It lost its bullish momentum and has faced strong resistance at the higher range. Moreover, Injective (INJ) is bullish on the charts but still lacks that strong buy signal that can result in a major upswing in the long term. As a result, many are speculating that the Pullix (PLX) presale can outshine both XLM and INJ. To see why this is the case, we will go over both of the projects individually.
- Stellar to reach a maximum value of $0.1905 after facing a major price barrier
- Injective to soon rise above $40 and this could lead to an upswing over $58 by the end of 2024
- Pullix can outshine both with its presale as its projected to spike 100x at launch
Pullix (PLX) Presale Projected to Outshine XLM and INJ
Pullix (PLX) has reached a significant level of attention due to its vast ecosystem and innovative DeFi features. It will tackle key pain points in the industry, including the lack of liquidity, transparency and overall accessibility.
Through liquidity provision, anyone can put their crypto balance to the automated market makers (AMMs) and get access to passive income opportunities. The platform will also feature a Copy Trader infrastructure to enable even the most inexperienced traders to have the highest likelihood to profit from the trades of more successful traders.
In addition, anyone can have full control over their private keys without any third-party interference, which also solves key security issues that have been a part of the space for a long time.
Stage 7 has just begun, and the crypto trades at $0.1. It’s nearing $5 million in total funds raised, and there’s a 10% bonus during the stage for any purchases of the PLX crypto. At launch, analysts are projecting a massive upswing of 100x, making it the hottest project for 2024. All of this combined makes PLX the best new crypto to invest in.
Stellar (XLM) Sees a Major Price Barrier – Can It Survive?
Stellar (XLM) sellers are far more active and are showcasing their dominance at higher levels. In addition, the Stellar price has dropped significantly during the past month at 15.5%, and this showcases barishness.
Moreover, the 50-day Stellar crypto EMA is acting as a barrier, and sellers are succeeding in keeping the trend in a downward direction. If the crypto falls further and closes below the current support, the altcoin could worry long-term investors. However, the outlook for the end of 2024 is positive, as according to the Stellar price prediction, it can end 2024 at $0.1905.
Injective (INJ) Bears $40 Support – Price to Reach $58.43 by the End of 2024
Injective (INJ) is showing an upward trend and has the potential to reach new heights. The on-chart data for the Injective price is bullish, especially as it is hovering at an upward-accompanying parallel channel, and it respects the upper and lower boundaries alongside the support and resistance levels.
The Injective crypto needs to now move above the major price barrier at $40, and afterwards, it can reach new heights. It’s highly plausible that it can achieve this as the altcoin moved from $31 to $38,85 during the past week. According to the Injective price prediction, it can reach $58.43 by the end of 2024.
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