Cryptocurrency

Chainlink

<div class="finbold">
 <p class="paragraph">The wider ongoing surge in the prices of cryptocurrencies has brought most of its gains to altcoins, which are testing their resistance zones and exhibiting bullish patterns that are turning the heads of investors and analysts alike.</p>
 <p class="paragraph">Despite the market experiencing a retracement this week, most altcoins demonstrated resilience, maintaining their strength. In particular, they appear well-positioned to initiate the next upward trend, per a post on X by crypto analyst <em>Jelle</em> on January 15.</p>
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  <p class="paragraph">“While the market pulled back this week, #altcoins held strongly. Looks more than ready to embark on the next run higher,” she said.</p>
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 <figure class="wp-block-image size-large"><img decoding="async" width="1024" height="573" src="https://cdn.thebittimes.com/images/2024/01/15/8476e8b73c161c9e13129656a764a891.webp" alt="Historical chart of altcoin price movement. Source: Jelle
" class="wp-image-149268" srcset="https://cdn.thebittimes.com/images/2024/01/15/8476e8b73c161c9e13129656a764a891.webp 1024w, https://cdn.thebittimes.com/images/2024/01/15/8476e8b73c161c9e13129656a764a891.webp 300w, https://cdn.thebittimes.com/images/2024/01/15/8476e8b73c161c9e13129656a764a891.webp 768w, https://cdn.thebittimes.com/images/2024/01/15/8476e8b73c161c9e13129656a764a891.webp 1536w, https://cdn.thebittimes.com/images/2024/01/15/8476e8b73c161c9e13129656a764a891.webp 2048w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption">
   Historical chart of altcoin price movement. Source: Jelle
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 <p class="paragraph">With these developments, Finbold analyzed the trends, news, and ongoing market movements to pick three <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a>currencies for the end of this month that can provide interesting opportunities for investors.</p>
 <h2 class="wp-block-heading" id="h-cosmos-atom">Cosmos (ATOM)</h2>
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 <p class="paragraph">With the ongoing altcoin season, some <a rel="noopener noreferrer nofollow" title="picks" href="https://thebittimes.com/tag/picks.html">picks</a> might be flying under the radar, which doesn’t mean they aren’t performing well.</p>
 <p class="paragraph">One of the ecosystems poised for an upward trajectory is Cosmos (ATOM). In the case of ATOM, it is imperative to maintain a level above $8-9. The likelihood of surpassing previous highs and reaching $25 becomes apparent upon successful adherence to this level, as per <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> expert Michael van de Poppe’s post on January 14.</p>
 <figure class="wp-block-image size-large"><img decoding="async" width="1024" height="549" src="https://cdn.thebittimes.com/images/2024/01/15/4b9543bc063629fc6bf826e8d5626831.webp" alt="The potential price range of ATOM. Source: Michael van de Poppe
" class="wp-image-149269" srcset="https://cdn.thebittimes.com/images/2024/01/15/4b9543bc063629fc6bf826e8d5626831.webp 1024w, https://cdn.thebittimes.com/images/2024/01/15/4b9543bc063629fc6bf826e8d5626831.webp 300w, https://cdn.thebittimes.com/images/2024/01/15/4b9543bc063629fc6bf826e8d5626831.webp 768w, https://cdn.thebittimes.com/images/2024/01/15/4b9543bc063629fc6bf826e8d5626831.webp 1536w, https://cdn.thebittimes.com/images/2024/01/15/4b9543bc063629fc6bf826e8d5626831.webp 2048w" sizes="(max-width: 1024px) 100vw, 1024px">
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   The potential price range of ATOM. Source: Michael van de Poppe
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 </figure>
 <p class="paragraph">At the time of press, this digital asset was trading at $10.09, showcasing a decrease of -0.69% in the last 24 hours and gains of 5.10% in the previous week while losing -9.00% in the past 30 days.</p>
 <figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="683" src="https://cdn.thebittimes.com/images/2024/01/15/52b4abde409e3f95158d651f069ee055.webp" alt="ATOM 24-hour price chart. Source: Finbold
" class="wp-image-149272" srcset="https://cdn.thebittimes.com/images/2024/01/15/52b4abde409e3f95158d651f069ee055.webp 1024w, https://cdn.thebittimes.com/images/2024/01/15/52b4abde409e3f95158d651f069ee055.webp 300w, https://cdn.thebittimes.com/images/2024/01/15/52b4abde409e3f95158d651f069ee055.webp 768w, https://cdn.thebittimes.com/images/2024/01/15/52b4abde409e3f95158d651f069ee055.webp 1200w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption">
   ATOM 24-hour price chart. Source: Finbold
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 <h2 class="wp-block-heading" id="bnb-bnb">BNB (BNB)</h2>
 <p class="paragraph">Being an official exchange token of the Binance crypto exchange is bound to have its advantages, and the recent performances of other cryptocurrencies transpired on BNB (BNB) as well.</p>
 <p class="paragraph">After observing a pattern of five downward waves and a bullish divergence, a trade opportunity of approximately 40% unfolded successfully. Currently, attention is directed toward the emergence of a potential cup and handle pattern forming at $350, as per <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a>currency expert <em>CoinsKid’s</em> post on January 15.</p>
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   <blockquote class="twitter-tweet" data-width="500" data-dnt="true">
    <p lang="en" dir="ltr">As you are aware, we were looking for a minimal $300 price tag on #bnb    when it was trading at $202. We had 5 waves down and a bullish div it was a %40 trade op that played out like a boss! <br><br>I'm now looking at a potential cup and handle pattern forming at $350. pic.twitter.com/xlZFYqevc3</p>— CoinsKid (@Coins_Kid) January 15, 2024
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 <p class="paragraph">At the time of writing, BNB was trading at $314.84, marking an increase of 3.38% the previous day while gaining 4.01% weekly and 27.42% on the monthly chart.</p>
 <figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="683" src="https://cdn.thebittimes.com/images/2024/01/15/054342dd23cf643333db2422973640d4.webp" alt="BNB 24-hour price chart. Source: Finbold
" class="wp-image-149273" srcset="https://cdn.thebittimes.com/images/2024/01/15/054342dd23cf643333db2422973640d4.webp 1024w, https://cdn.thebittimes.com/images/2024/01/15/054342dd23cf643333db2422973640d4.webp 300w, https://cdn.thebittimes.com/images/2024/01/15/054342dd23cf643333db2422973640d4.webp 768w, https://cdn.thebittimes.com/images/2024/01/15/054342dd23cf643333db2422973640d4.webp 1200w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption">
   BNB 24-hour price chart. Source: Finbold
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 </figure>
 <h2 class="wp-block-heading" id="chainlink-link">Chainlink (LINK)</h2>
 <p class="paragraph">One of the stronger performers across the previous days has been Chainlink (LINK), which managed to surpass its resistance zone and build a healthy support level.</p>
 <p class="paragraph">Chainlink has established a robust demand zone from $14.8 to $15.2, wherein 17,650 addresses collectively acquired 85.12 million LINK. Given the absence of significant resistance in the immediate future, Chainlink is potentially poised to advance towards the $20 mark, as per a post from <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> analyst Ali Martinez on January 15.</p>
 <figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="369" src="https://cdn.thebittimes.com/images/2024/01/15/8d2f667a849f5100ce0d4c15533470a7.webp" alt="LINK support level. Source: Ali Martinez
" class="wp-image-149276" srcset="https://cdn.thebittimes.com/images/2024/01/15/8d2f667a849f5100ce0d4c15533470a7.webp 1024w, https://cdn.thebittimes.com/images/2024/01/15/8d2f667a849f5100ce0d4c15533470a7.webp 300w, https://cdn.thebittimes.com/images/2024/01/15/8d2f667a849f5100ce0d4c15533470a7.webp 768w, https://cdn.thebittimes.com/images/2024/01/15/8d2f667a849f5100ce0d4c15533470a7.webp 1168w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption">
   LINK support level. Source: Ali Martinez
  </figcaption>
 </figure>
 <p class="paragraph">Meanwhile, LINK was trading at a price of $15.41, after an increase of&nbsp; 2.19% in the previous day and gaining 12.76% in the last 7 days, adding to a 5.97% increase in the last month, as per the latest data.</p>
 <figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="683" src="https://cdn.thebittimes.com/images/2024/01/15/84a18e9458270195efb6a1771a653507.webp" alt="LINK 24-hour price chart. Source: Finbold
" class="wp-image-149274" srcset="https://cdn.thebittimes.com/images/2024/01/15/84a18e9458270195efb6a1771a653507.webp 1024w, https://cdn.thebittimes.com/images/2024/01/15/84a18e9458270195efb6a1771a653507.webp 300w, https://cdn.thebittimes.com/images/2024/01/15/84a18e9458270195efb6a1771a653507.webp 768w, https://cdn.thebittimes.com/images/2024/01/15/84a18e9458270195efb6a1771a653507.webp 1200w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption">
   LINK 24-hour price chart. Source: Finbold
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 </figure>
 <p class="paragraph">Only time can tell whether the altcoins season will allow these assets to break through their resistance levels and bring profits to their investors. Currently, the charts are green, and technical indicators are bullish.</p>
 <p class="paragraph"><strong><em>Disclaimer:</em></strong><em> The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.</em></p>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/top-3-cryptocurrency-picks-for-end-of-january-tbt76640.html">https://thebittimes.com/top-3-cryptocurrency-picks-for-end-of-january-tbt76640.html</a></p>

Top 3 cryptocurrency picks for end of January

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