Voice News

CA News 2024


Top Chainlink Analyst Reveals When LINK Wave 3 Rally Could Start and Expected Price Targets: Key Levels to Watch

Prominent crypto analyst CryptoBullet predicts a major bull run for Chainlink (LINK), which could see the cryptocurrency’s price soar to new all-time highs in the coming months. In a tweet posted yesterday, the analyst outlined an optimistic long-term outlook for LINK, citing clear bullish objectives based on their technical analysis.

According to CryptoBullet, the previous LINK bull cycle, which they identify as Wave 1, saw the cryptocurrency’s price skyrocket from around $4.75 to over $20, marking a Fibonacci extension of 618%. This wave peaked at around $22.80 in March 2023 before a 50% correction, which was enough for wave 2, according to CryptoBullet.

Also read: Cardano’s ADA Signals Strong Buying Opportunities Despite Market Fluctuations: Key Metrics to Watch

CryptoBullet expects the third wave of LINK’s current bull market to begin in the third quarter of 2024. If their analysis is correct, this next wave could propel LINK to new all-time highs, with the analyst setting three ambitious macro price targets.

Huge LINK price targets

CryptoBullet’s first macro target for the upcoming Wave 3 rally is $55, which represents a substantial upside over LINK’s current trading levels around $14. However, the analyst’s projections didn’t stop there. Their second macro target is an impressive $88, while the third and most ambitious target is a whopping $150 per LINK token.

LINK Market Outlook

In recent days, LINK’s price has begun to recover in line with the broader crypto market rally, with a 16% gain over the past four days. However, the cryptocurrency is now facing a key resistance level at USD 14.40. A decisive break above this level could catalyze a spike towards $15.40, where the next major hurdle awaits.

Surpassing $15.40 could potentially pave the way for LINK to reach $17.50 and then the previous all-time high of around $22.80. For CryptoBullet’s bullish forecast to come true, LINK must successfully break through these critical resistance zones and establish higher support levels.

New meme coin to watch, aiming to become the next $BONK, $WIF or $MEW

Milei Moneda is a new meme coin inspired by the political and economic views of Javier Milei, an Argentine president known for his libertarian and pro-Bitcoin stance. You have the option at the persistently low pre-sale price to come in early!


Show more +

Although the analyst’s predictions seem optimistic, the crypto market is known for its volatility, and investors should exercise caution and do thorough research before making any investment decisions.

Looking for a small cap coin that can explode 10x? We’ve revealed a few in the past week alone.
Receive all our future calls by joining our FREE Telegram community.

Check $RECQ Meme Coin

Check $RECQ Meme Coin

Sponsored: Invest responsibly, do your own research.

Serves as the base currency for all transactions within the Rebel Satoshi platform
ICO phase, which offers tokens at a discounted price
Facilitates a smooth and efficient economy within the arcade and supports both arcade and in-game transactions.
Provides access to a wide range of gaming experiences in the Rebel Satoshi Arcade,
Contributes to a decentralized, community-driven RebelSatoshi platform that integrates gaming with elements of revolution, freedom and unity, and appeals to users who value such principles.

intelligent cryptocurrency
How are ordinary people who achieve no less than 70% return in a year without risk? By properly setting up a FREE Pionex grid bot, click the button to learn more.
Crypto arbitrage still works like a charm, if you do it right! Check out Alphador, a leading crypto arbitrage bot, to learn the best way to do this.