Chainlink Price Prediction: 184% Surge Coming Soon?
The post Chainlink Price Prediction: 184% Surge Coming Soon? appeared on BitcoinEthereumNews.com. Chainlink (LINK) price may be looking at a big move towards a breakout in the coming days, based on a crypto analyst’s recent price prediction. Highlighting its technical setup on the LINK price charts, crypto analyst Growk’s indicated the possibility of a massive rally to $79 soon. That said, at the time of writing, LINK price indicated a pullback. It experienced a drop of 3.12% in the past day and was trading at $23.16. While its market cap had slipped to $15.7 billion, the trading volume dropped considerably to nearly $672K. Despite this dip, the coin shows potential for a recovery to higher levels in light of large long-term holders recently bagging more than $2 million worth of LINK. Will Chainlink Price Prediction to $79 Come to Fruition? Chainlink price displayed immense potential over the past few days despite a recent dip from $25.61. It managed to keep hold just above the immediate support at $22.58 and bulls are hoping for a strong close above $26. This could launch a solid rally to $30. Beyond this point, the analyst’s chart suggests a Fibonacci projection that aligns with a $46.85 target. Based on this, crypto analyst Growk_finance pointed to the possibility of a 184% rally, which could drive LINK as high as $79. Such a move would reflect a parabolic phase, similar to earlier breakout cycles. The most important step for bulls right now is to maintain momentum above $22. This is crucial for Chainlink price to achieve the bullish outlook provided by the analyst. Source: Growk_finance on X Large Holders Add Close to 2 Million LINK In the past 48 hours, whales accumulated nearly 2 million LINK. This large-scale buying reflects confidence in future valuations and also aligns with technical breakout patterns. Moreover, whale activity often signals upcoming market expansions,…
The post Chainlink Price Prediction: 184% Surge Coming Soon? appeared on BitcoinEthereumNews.com.
Chainlink (LINK) price may be looking at a big move towards a breakout in the coming days, based on a crypto analyst’s recent price prediction. Highlighting its technical setup on the LINK price charts, crypto analyst Growk’s indicated the possibility of a massive rally to $79 soon. That said, at the time of writing, LINK price indicated a pullback. It experienced a drop of 3.12% in the past day and was trading at $23.16. While its market cap had slipped to $15.7 billion, the trading volume dropped considerably to nearly $672K. Despite this dip, the coin shows potential for a recovery to higher levels in light of large long-term holders recently bagging more than $2 million worth of LINK. Will Chainlink Price Prediction to $79 Come to Fruition? Chainlink price displayed immense potential over the past few days despite a recent dip from $25.61. It managed to keep hold just above the immediate support at $22.58 and bulls are hoping for a strong close above $26. This could launch a solid rally to $30. Beyond this point, the analyst’s chart suggests a Fibonacci projection that aligns with a $46.85 target. Based on this, crypto analyst Growk_finance pointed to the possibility of a 184% rally, which could drive LINK as high as $79. Such a move would reflect a parabolic phase, similar to earlier breakout cycles. The most important step for bulls right now is to maintain momentum above $22. This is crucial for Chainlink price to achieve the bullish outlook provided by the analyst. Source: Growk_finance on X Large Holders Add Close to 2 Million LINK In the past 48 hours, whales accumulated nearly 2 million LINK. This large-scale buying reflects confidence in future valuations and also aligns with technical breakout patterns. Moreover, whale activity often signals upcoming market expansions,…
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