Crypto Analyst Predicts Big Breakout for Ethereum-Based Altcoin Chainlink
According to popular crypto analyst Altcoin Sherpa, the Ethereum-based altcoin Chainlink (LINK) is poised for a major surge. Altcoin Sherpa believes that LINK is one of the strongest projects in the industry and has broken out of its multi-month accumulation phase. However, Altcoin Sherpa remains skeptical about whether an "altseason" is upon us and is keeping an eye on Ethereum versus Bitcoin (ETH/BTC) and Bitcoin dominance (BTC.D) to gauge investors' risk appetite for altcoins. Altcoin Sherpa predicts that BTC.D will rally slightly further before reversing near the 56% level.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Shiba Inu Ecosystem Expands—Team Says Kusama is on Track, SHIB Ready to Pump
Real Estate Meets Crypto— Lumia CEO and Polygon Exec Talk Tokenized $220M Towers
Solana (SOL) Eyes 252% Surge Amid Bullish Signals
Solana (SOL) confirms a Hidden Bull Divergence pattern, signaling a potential 252% surge to $457.97. Is a major breakout ahead?Breaking Key Resistance LevelsCan SOL Reach $457.97?
Retail Bitcoin Holders Are Selling—A Repeat of 2020?
Retail Bitcoin holders are offloading BTC, mirroring the 2020 capitulation phase. What does this mean for the market?Retail Bitcoin Holders Are Selling—What’s Happening?Is This a Bullish or Bearish Signal?What’s Next for Bitcoin?
Trending news
MoreCrypto prices
More
