2024

Chainlink

<p>The post <a href="https://coinpedia.org/news/chainlink-poised-for-major-rally-analyst-predicts-150-300-price-surge/" rel="noopener noreferrer nofollow">Chainlink Poised for Major Rally: Analyst Predicts 150-300% Price Surge</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a></p>
<p><a href="https://coinpedia.org/crypto-live-news/chainlink-link-price-hits-a-6-week-high-with-profit-taking-ratio-at-highest-in-17-months/" rel="noopener noreferrer nofollow">Chainlink (LINK)</a> has been a standout performer this year, showcasing impressive growth in the cryptocurrency market. Despite being 66.7% below its all-time high of $52.70, LINK has surged by 14.1% over the past 30 days.&nbsp;</p>
<p>In the meantime, renowned crypto analyst Michael Van de Poppe has shared a bullish forecast for LINK’s price by the end of May, predicting a surge of 150 to 300%.</p>
<h2 class="wp-block-heading" id="h-link-price-poised-to-surge">LINK Price Poised To Surge</h2>
<p>Crypto analyst Michael Van de Poppe has issued an optimistic forecast for Chainlink (LINK), suggesting the cryptocurrency could be on the verge of a significant price rally. Van de Poppe predicts that Chainlink could see a remarkable price increase of 150% to 300%.&nbsp;</p>
<p>Chainlink recently bounced back from a crucial support level, indicating that the recent low might be over. According to Van de Poppe, maintaining this support level is a strong sign of bullish sentiment in the market.</p>
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   <p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/Chainlink?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Chainlink</a> woke up from the crucial area of support.<br><br>Likely, there's going to be continuation and the low is in. <br><br>From this point, I wouldn't be surprised with at 150-300% price increase. <a href="https://t.co/ulweEUpAYV" rel="noopener noreferrer nofollow">pic.twitter.com/ulweEUpAYV</a></p>— Michaël van de Poppe (@CryptoMichNL) <a href="https://twitter.com/CryptoMichNL/status/1795039747645346144?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">May 27, 2024</a>
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<p>Meanwhile, his <a href="https://coinpedia.org/price-analysis/chainlink-hints-a-bullish-upswing-link-price-to-hit-20-in-may/" rel="noopener noreferrer nofollow">prediction is based</a> on current market trends and technical indicators, which suggest a bullish trend for LINK. If Van de Poppe’s forecast is accurate, investors could see significant gains as Chainlink reaches new heights, significantly boosting their investments.</p>
<p>Despite a modest 1% uptick in the last 24 hours, Chainlink (LINK) remains stable around the $17.4 mark. While the price shows positive momentum, LINK’s trading volume has dipped by 13% to $354 million, alongside a market cap of $10.2 billion.</p>
<h2 class="wp-block-heading" id="h-swift-and-chainlink-at-consensys-2024">SWIFT and Chainlink at Consensys 2024</h2>
<p>Amidst the excitement surrounding the Consensys 2024 conference in Austin, Texas this week, the LINK community eagerly expecting a potentially groundbreaking announcement.</p>
<p>During the event, a <a href="https://consensus2024.coindesk.com/agenda/event/-how-swift-and-chainlink-are-working-together-to-unlock-tokenized-assets-at-scale-110" rel="noopener noreferrer nofollow">session titled</a> “How Swift and Chainlink Are Working Together to Unlock Tokenized Assets At Scale” will feature experts from SWIFT and Chainlink.</p>
<p>Jonathan Ehrenfeld of SWIFT and Sergey Nazarov of Chainlink will take the stage to discuss their collaborative efforts in bridging traditional finance with the rapidly expanding multi-chain economy. Their <a href="https://coinpedia.org/price-analysis/chainlink-continues-its-bullish-streak-link-price-may-go-higher-than-20-this-week/" rel="noopener noreferrer nofollow">partnership aims to enable</a> global on-chain finance for tokenized assets, promising enhanced security and efficiency for cross-chain transactions.</p>

Chainlink Poised for Major Rally: Analyst Predicts 150-300% Price Surge

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