Chainlink Bull Run Incoming? Most Recent LINK Price Predictions

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• Chainlink's LINK is poised to rebound from its current price of $14, which is indicated by a positive TD chain buy signal.
• Leading analysts are forecasting strong returns for the asset, supported by positive on-chain metrics indicating an upward movement.

Link price forecast

Chainlink's native cryptocurrency – LINK – is another digital asset that has suffered the negative consequences of the recent market correction. Its price has fallen almost 8% in a week, and is currently hovering at $14.

According to some prominent analystsHowever, the negative trend may soon be replaced by a rise. One example is X user Ali Martinez, who… claimed That Sequence TD (Tom DeMark) “illuminates a buy signal on Chainlink’s 12-hour chart.” The trader believes that LINK's valuation could rise to $15.50 if it remains above the key resistance level of $13.87.

TD Sequential is a technical indicator used primarily to determine… Timing market reversals. It was developed by Thomas DeMark and is very popular among traders for its ability to provide signals based on the exhaustion of current price trends.

Michael van de Poppe is another analyst the summary Bullish outlook for LINK. He believes the token is among the top 5 altcoins that can generate a 3x increase in BTC with “minimum risk.” Other assets part Of this club include optimism (OP), Wu (WOO), Celestia (TIA), and SKALE (SKL).

Additional bullish forecast

Crypto Wolf and SlumDOGE Millionaire were also recently created And he expected Bright future for LINK. The former added the asset to its “moon” list for the next bull cycle, while the latter said it is one of the best “trending” cryptocurrencies at the moment.

Some scales on the string indicate a Assembly too. According to CryptoQuant data, LINK is being exchanged netflow It was mostly negative over the past month, suggestion Shifting from centralized platforms towards self-preservation methods. This is considered bullish because it reduces immediate selling pressure.