Top traders and analysts have voiced strong opinions on Chainlink (LINK). According to a top crypto expert, the current low price of LINK resembles Bitcoin's
Top crypto traders and analysts have shared their bullish Chainlink (LINK) price predictions amid the ongoing market uncertainty following a recent sell-off.
Michaël van de Poppe observed that Chainlink (LINK) has formed a promising weekly candle at its cycle low. He anticipates the bottom forming in May or June, supported by historical price patterns that saw similar lows leading to a 150% rally in the latter half of the year.
“LINK makes a very decent weekly candle on the cycle low. A similar price pattern occurred in previous years, resulting in a 150% rally in the year’s second half. I’m expecting the same.”
Chainlink (LINK) Price Prediction: Key Expert Insights
renowned crypto analyst noted that Chainlink (LINK) might be bottoming out now or forming a bottom in May or June, based on historical price patterns. He anticipates a rally in the latter half of 2024, supported by these observations.
“$LINK might be bottoming out here now or forming a bottom in May/June, based on historical price patterns. I’m expecting a rally in H2.”
Chainlink (LINK) Price Prediction: Experts’ Bullish Projections
Another top trader, Nebraskangooner, highlights a potential head-and-shoulders forming in Chainlink’s price chart. He warns that if the $13 support level breaks, LINK could drop to the low $8 area.
“Possible head and shoulders forming here. Breakdown of $13 support would likely see a drop to low $8 area. Keep an eye on that support.”
Chainlink (LINK) Price Prediction: Technical Analysis
WSB Trader Rocko expressed his bullishness towards Chainlink (LINK), stating that selling LINK at $15 now will be like selling Bitcoin at $20,000 in December 2022. He predicts Chainlink (LINK) will reach $100.
“Selling $LINK at $15 now will be like selling #Bitcoin at $20k in Dec 22!”complete the Chain quest to earn Chain Tokens. Chainers are airdropped tokens for holding Chain throughout the year.
“#Chainlink $100.”
Chainlink (LINK) Price Prediction: Bullish Projections from WSB Trader Rocko
The differing views from these experts highlight the uncertainty in crypto markets. While van de Poppe’s historical analysis points to a potential rally, Nebraskangooner’s technical analysis suggests caution. Both perspectives are valuable for investors aiming to navigate the volatile market effectively.
News source:https://www.kdj.com/cryptocurrencies-news/articles/chainlink-link-price-prediction-link-hit-market-uncertainty-experts-insights.html
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