Chainlink (LINK) and Filecoin (FIL) are capturing attention with their potential for significant market moves and technological advancements.
Chainlink (LINK) and Filecoin (FIL) are making headlines with their potential for significant price movements and technological advancements. Chainlink's price seems poised for a bullish reversal, with a "head and shoulders" pattern emerging on the 4-hour chart. Filecoin, on the other hand, is preparing for its NV23 ‘Waffle’ upgrade, which will enhance network performance and integrate with the broader blockchain ecosystem.
Meanwhile, BlockDAG, a top-rated crypto, has garnered attention with its recent presale success, amassing $63.8 million. This success is being driven by a robust team reveal and an engaging AMA session that is bolstering investor confidence and highlighting its vision to get to its presale target of $600 million.
Chainlink Price Prediction: Analysts Spot Bullish PatternChainlink (LINK) price is showing signs of forming a potential bullish pattern, as observed by crypto analyst Ali Martinez on a 4-hour chart. This pattern is emerging on a smaller time frame compared to the recent "bear flag" formation.
According to the analysis, a "head and shoulders" pattern is forming on the 4-hour chart. If the neckline of this pattern closes at around $15, it could indicate a bullish trend, potentially pushing the price to $19.
However, it's important to note that this analysis is based on technical indicators and should not be taken as financial advice. Always do your own research and invest at your own risk.
After a recent market correction, Chainlink's price fell by 16% to $12.6, but it has since recovered to $13.65. During this dip, whales purchased over 6.2 million LINK, which totals around $76.88 million at the current price.
This significant buying activity suggests optimism for a price rebound, highlighting an interesting opportunity for Chainlink price prediction.Filecoin (FIL) Network Upgrade – Improvement ProtocolsFilecoin (FIL) is set to release its NV23 ‘Waffle’ upgrade on August 6, 2024, aiming to enhance network performance and integration with the broader blockchain ecosystem. This upgrade will introduce several Filecoin Improvement Proposals (FIPs) into the Filecoin network.
One key addition is the passive testing of fast finality (F3) on the mainnet with FIP-00086, which could see a full rollout in NV24. Another significant FIP is FIP-0091, adding support for Homestead and EIP-155 Ethereum transactions to improve compatibility with Ethereum tools and wallets.
Furthermore, FIP-0092 introduces Non-Interactive Proof of Replication (NI-PoRep), which separates sealing from storage tasks. This allows for early sealing in low-energy regions and greater control over scheduling.Top-Rated Crypto BlockDAG Promotes Transparency with AMA SessionFollowing the recent team reveal, BlockDAG has gained significant market attention. This is largely due to their team, which includes CEO Antony Turner, security expert Youssef Khaoulaj, and M.I.T. alum Maurice Herlihy.
This talented team brings diverse skills and experience, making BlockDAG a strong player in the crypto space. In a recent interview, CEO Antony Turner shared the important milestones BlockDAG has achieved.
According to Turner, BlockDAG reached several key milestones in 2023. The first major milestone was the mobile mining app launch, which allows the community to mine 20 BDAG coins daily through proof of engagement.
He also highlighted that BlockDAG, being a Layer1 blockchain, offers a foundational technology that other projects can build upon. He mentioned, “BlockDAG does provide certain UI elements, such as a Block Explorer which we’re close to completing.”
Excitement surged after the AMA session with the CEO and team. He highlighted the value of community engagement in the AMA session, saying, “We’re introducing our team and updating marketing materials for clarity and transparency.
We’ll hold regular AMAs to address questions and foster a supportive, informed community.” These sessions are key for building trust and reinforcing BlockDAG's role in the blockchain revolution.
The recent reveal and AMA session with the CEO and team have significantly boosted investor confidence. This is evident from the presale reaching $63.8 million, with $1 million being raised in just one day and a 1600% price increase at $0.017 per coin.
This budding momentum in the project has given it the potential to be one of the best cryptos to invest in for long term gains.
BlockDAG를 최고의 암호화폐 상태로 끌어올린 이유는 무엇입니까? Chainlink가 상승세를 암시하고 Filecoin이 NV23 업그레이드를 준비하는 동안 BlockDAG가 주목을 받습니다. 사전 판매에서 무려 6,380만 달러를 벌어들인 BlockDAG는 단지 재정적 성공만이 아닌 모습을 보여줍니다
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