Ethereum

Based

Solana

Ethereum Name Service

Chainlink

Crypto analyst Jacob recently gave his thoughts on what to expect from the <a href="https://bitcoinist.com/ethereum-erc-404-tokens-leaders/">Ethereum</a>, <a href="https://bitcoinist.com/solana-sol-feeds-on-outage-fud-rocket-back-100/">Solana</a>, and <a href="https://bitcoinist.com/chainlink-exchange-supply-plunges-4-year-low-rally/">Chainlink</a> tokens. Based on his analysis, there could be significant price movements from these major altcoins soon enough.&nbsp; 
<h2 id="ethereum-holding-above-2400-could-be-the-turning-point">Ethereum Holding Above $2400 Could Be The Turning Point</h2> 
Noting how “significant” the $2400 price level was, Jacob stated during an <a href="https://www.youtube.com/watch?v=gPWlcijr_ik&amp;t=330s" rel="nofollow noopener" target="_blank">appearance</a> on the Paul Barron Network that <a href="https://www.newsbtc.com/news/ethereum/predictions-eth-price-ethereum/" rel="nofollow noopener" target="_blank">ETH could run to $2500</a> and above if it manages to hold above it. The crypto analyst, however, suggested that this won’t be easy as he highlighted a bearish trend formation where ETH’s price is eyeing a further move to the downside. 
Jacob and Paul Barron also alluded to recent developments that could provide some bullish momentum for ETH’s price. One of them includes <a href="https://bitcoinist.com/solana-outage-what-went-wrong/">Solana’s recent outage</a>, something that provides a positive narrative for the Ethereum ecosystem, considering that Solana has always been proclaimed to be the “<a href="https://bitcoinist.com/solana-founder-doesnt-want-network-to-be-called-ethereum-killer-heres-why/">Ethereum killer</a>.” 
Another bullish narrative that the analysts highlighted is the recent partnership between <a href="https://bitcoinist.com/godaddy-sued-for-auctioning-off-eth-link-ens-domain/">Internet domain service provider Godaddy</a> and the <a href="https://bitcoinist.com/ens-resurfaces-3-years-reclaims-74-million-eth/">Ethereum Name Service</a> (ENS). This move can help provide greater visibility for the Ethereum ecosystem and positively impact ETH’s price.&nbsp; 
Interestingly, ETH already broke the $2400 resistance level and looks to be holding comfortably above that level, currently trading at $2450. However, it remains to be seen if it will end up climbing to $2500, just like Jacob has predicted, or slide below $2400 once again.&nbsp; 
<img loading="lazy" decoding="async" class="aligncenter" src="https://www.tradingview.com/x/JEkLTHP6/" alt="Ethereum price chart from Tradingview.com (Chainlink Solana)" width="3286" height="1530"> 
<h2 id="predictions-on-solana-and-chainlink">Predictions On Solana And Chainlink</h2> 
Jacob predicted that SOL could move further to the upside. He noted that <a href="https://bitcoinist.com/next-bitcoin-peak-could-less-than-six-months/">movement on the oscillator</a> is lining up to be a “nice bullish formation” for the crypto token. The crypto analyst also mentioned how impressive it was that the SOL token was <a href="https://www.newsbtc.com/news/from-outage-to-recovery-solana-price-bounces-back-with-network-restart-in-full-swing/#:~:text=Solana%2C%20the%20ambitious%20blockchain%20ecosystem,moment%20for%20the%20blockchain%20platform." rel="nofollow noopener" target="_blank">still able to record gains</a> despite the <a href="https://bitcoinist.com/solana-outage-what-went-wrong/">recent outage</a> that the Solana network had encountered.&nbsp; 
Paul Barron also chipped in and highlighted how Solana has seen a lot of activity as of late, something which could have caused the network congestion and led to the outage. He, however, believes that the congestion is a good thing because it shows that <a href="https://bitcoinist.com/jupiter-uniswap-solana-ethereum/">there are a lot of projects</a> that are actively using the network.&nbsp; 
Meanwhile, Jacob also sounded <a href="https://bitcoinist.com/chainlink-exchange-supply-plunges-4-year-low-rally/">very bullish on LINK</a>, stating that the crypto token could hit $20 “pretty easily.” He, however, warned investors to be cautious about going all in on LINK at its current price level, as he believes that there could be a retracement before any further move to the upside.&nbsp; 
That retracement already seems to be in play, as <a href="https://coinmarketcap.com/currencies/chainlink/" rel="nofollow noopener" target="_blank">data</a> from CoinMarketCap shows that LINK is down over 3% in the last 24 hours.&nbsp;

Ethereum, Solana, And Chainlink: Crypto Analyst Shares Bullish Predictions For All Three

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