BNB and Monero face bearish pressure as investors hhift to Lunex Network presale

BNB and Monero face bearish pressure as investors shift to Lunex Network’s presale, raising nearly $550,000 in under a week.

BNB and Monero are both facing strong bearish pressure after their recent price declines. As BNB and XMR investors book profits. They are now turning towards Lunex Network’s viral presale that has already raised nearly $550,000 in less than a week of its launch. 

BNB short holders might book profits soon

Although BNB failed to trigger a bullish breakout at the end of September, the token still recorded modest 8.67% gains over the last 30 days. As the broader crypto market heads into Q4’s bull market, BNB is expected to see more bullish momentum in the upcoming weeks. 

For now, BNB price is trading for $551.90 after an intra-day increase of 2.72%. Since…