Fluctuations in crypto markets and analysts’ predictions indicate an exciting period for investors. Closely followed crypto analyst Inmortal has made remarkable predictions about the potential movements of decentralized oracle network Chainlink (LINK) and two altcoin projects.
First of Inmortal to the analysis According to the report, Chainlink may experience a significant rise in the coming period. The analyst noted that LINK sees upside potential near $26. However, before this rise, he predicts that the altcoin could fall as low as $15.
“LINK: $15-$17 is a good range to add to spot bags. “It’s pretty simple.”
At the time of this writing, Chainlink is trading at $18.73.
On the other hand, Inmortal also points to the upward potential of the gaming-focused altcoin project Beam (BEAM). The analyst predicts that BEAM could fall below $0.025 before starting an increase of over 100%. This situation can be seen as a buying opportunity for BEAM.
“BEAM: I’m holding a bag that I started at $0.018. “$0.027 would be a dream spot to add more.”
The crypto strategist also offers a remarkable assessment of Dogecoin (DOGE) rival Floki (FLOKI). The analyst shared a chart showing that FLOKI has performed stronger than DOGE this cycle. “The chart speaks for itself,” he said, claiming that FLOKI surpassed DOGE with its performance.
Chart speaks for itself pic.twitter.com/8cYTOA0h8p
— Inmortal (@inmortalcrypto) March 22, 2024
The analyst previously predicted that Floki would mirror Dogecoin’s price action during the recent bull market, rising nearly 680% from current levels to an all-time high of $0.0018. had predicted.
“FLOKI is about to do what DOGE did in 2021. It’s meme coin season and I think Floki will perform the best.”
At the time of writing this article, FLOKI’s value is at $0.00023.
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