The post Chainlink Price Prediction – Should You Invest In $LINK Or Are New Upcoming Altcoins a Better Option? appeared on BitcoinEthereumNews.com.

Bitcoin’s value has been on a significant upward trend since Donald Trump’s win in the presidential election.  BTC is currently valued at an impressive $88,913 (per CoinGecko), and it’s showing signs that it could keep climbing.  This price rally has created a ripple effect, pulling up the market with it and renewing investor interest in altcoins as well.  One example is Chainlink ($LINK), which has gained momentum alongside Bitcoin’s rise.  For those who want to be involved in new projects early on, project’s that are still in presale stage could be an interesting option PlutoChain ($PLUTO) is a notable mention, it’s just starting presale and could catch some traction once the project launches its mainnet. Chainlink Price Prediction – How High Will It Go? Chainlink ($LINK) is one of the most closely watched assets in the DeFi world, and it seems poised for some significant movement as the market gears up for a bullish recovery.  Chainlink is getting a lot of attention from traders, who are wondering just how high LINK might go in the near future. At the time of writing, LINK is trading around $13.31 after a slight pullback of about 5.3% .  This dip ended a month-long stretch of steady gains, during which LINK rose by 20%. Despite this pullback, LINK remains on track, with a key support level providing stability.  If LINK holds this support and begins to rally again, analysts suggest it could soon push past the $16.75 mark, potentially even reaching $21.69 by the end of this month. With a market cap currently around $6.47 billion, LINK faces some challenges in sustaining rapid gains, but there’s also a lot of potential for a breakout. Its current value is about 80% below its all-time high of $54.40, leaving a lot of room for growth. Realistically,…

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Filed under: News - @ November 16, 2024 8:24 pm