The cryptocurrency market started the new week with an upward move. However, it remains unclear how long this will continue. Some analysts expect a correction with Bitcoin’s halving event. However, for some, the sky is clear! The future of Bitcoin is important as it will also affect the performance of altcoins. Meanwhile, one analyst with a large following is predicting rallies for several altcoins, including LINK.
According to the analyst, LINK will rally strongly after the correction!
cryptokoin.comAs you can see from , it started to rise again after the correction. In this fluctuation, the leading crypto Bitcoin rose to 68 thousand dollars after falling to 63 thousand dollars. Many altcoins also witnessed sharp corrections. However, analysts continue to expect strong moves for some projects. The analyst nicknamed Inmortal Cryto predicts that Chainlink (LINK) will rally close to $26.
But before Chainlink rebounds to a level last seen two years ago, Inmortal predicts the altcoin will fall as low as $15. The analyst said, “LINK: $15-17 is a good range to add to spot bags. “It’s pretty simple.” says.
Meanwhile, at the time of writing, Chainlink was trading at $19.14. The altcoin saw a 4.5% rise on its daily chart.
Inmortal: Over 100% increase is on the table for this altcoin!
The analyst next looks at gaming-focused crypto project Beam (BEAM). Inmortal is bullish for the token. However, the analyst shares a chart showing that BEAM could fall below $0.025 before starting an upward move of over 100%. In this regard, the analyst said, “BEAM: I keep a bag at $0.018. “It would be a dream spot to add $0.027 more.” says.
Meanwhile, at the time of writing, BEAM was changing hands at $0.0354. The token gained 3.4% on its daily chart.
Inmortal predicts explosive rises for FLOKI!
The crypto analyst is also keeping a close eye on Dogecoin rival Floki (FLOKI). The analyst shares a chart showing how FLOKI has vastly outperformed DOGE this cycle. In this direction, Inmortal, “FLOKI vs. DOGE. “The chart speaks for itself.” says.
The analyst had previously predicted that Floki would mirror Dogecoin’s price action during the recent bull market, rising to an all-time high of $0.0018, an increase of approximately 680% from current levels. In this prediction, “FLOKI is about to do what DOGE did in 2021. We are in the meme coin season and I think Floki will perform the best.” said.
Meanwhile, at the time of writing, FLOKI was trading at $0.0002328. The altcoin increased by 1% on its daily chart and 18% on its weekly chart.
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