Analyst Predicts Chainlink’s Rise To $35 And Calls A Potential 25x Rise For This New DeFi Token
The post Analyst Predicts Chainlink’s Rise To $35 And Calls A Potential 25x Rise For This New DeFi Token appeared on BitcoinEthereumNews.com.
Chainlink (LINK) is currently testing a crucial resistance, and a crypto market analyst believes its eventual rise to $35 is imminent. If the LINK price prediction holds true, the token price will see a 250% increase from its current trading value. If that sounds interesting to you, analysts have another hidden gem on their radar. It’s called FXGuys ($FXG), and market experts claim this new DeFi token will rise by 25x by the end of the year. FXGuys offers some exciting features that make it the go-to trading platform for traders looking to cut down on fees and costs in order to maximize gains. These features include a Trade2Earn model, a Trader Funding Program, and profit splits. FXGuys is even termed the best presale of the year by some renowned market observers, thanks to its focus on utility and increasing demand. Ronin Integrates With Chainlink: Analyst Foresee LINK Reaching $35 On October 10, 2024, Ronin, a Web3 gaming blockchain, announced its integration with Chainlink, the leading blockchain oracle platform. This integration is expected to boost Ronin’s cross-chain bridge security, improve user experience, and accelerate the network’s adoption by freeing up resources. Right now, Chainlink’s LINK hovers around $10.50. LINK consistently shows some fluctuation between $9 and $12 as it struggles to break out of its current range. Earlier in 2024, LINK saw a price surge to $22.83 in March, though it has since fallen back. Over the past month, the token has seen a slight decline of 0.19%, though market analysts remain confident in its long-term potential. Market analyst Michaël van de Poppe recently projected that LINK could climb to $35. He highlighted the $9-$11 range as a strong buying opportunity, calling it “an opportunity of a lifetime.” The analyst believes that flipping current resistance levels into support could pave…
Filed under: News - @ October 13, 2024 3:27 pm