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
Ripple Talks ISO 20022—Is XRP the Future of Compliant Payments?
PumpFun Brings Back Livestreaming Feature for 5% of Users
The Scott Lewis Story: Calm Visionary Behind DeFi Pulse
Jim Cramer Predicts Crash Like 1987’s Black Monday
Jim Cramer compares today’s market to 1987’s Black Monday, warning investors of a potential major crash.Cramer Sees History Repeating ItselfSigns of Trouble in the MarketWhat Should Investors Do?
Trending news
MoreCrypto prices
More
