Crypto analyst David expects a 38 percent run for LINK. Analyst Aaryamann Shrivastava sees further upside potential in MATIC. The analyst nicknamed Loma says that the leading altcoin and its rival Solana are also on the rise.
LINK price prediction: 38 percent increase possible for altcoin!
The weekly chart shows that Chainlink (LINK) formed a bullish fakey pattern after bouncing off the previous resistance zone at $18 last week (green box). This formation usually indicates that the upward trend continues. It is also a sign that the bulls are strong buyers as the altcoin price dropped to $18.
Meanwhile, the weekly RSI indicator broke above the descending divergence line and remains above it. Therefore, this shows that the advantage is still with the bulls. Therefore, short-term weakness is likely to lead to a temporary decline. However, it is possible that LINK price may then continue to rise towards the next long-term resistance zone at $28. This means a 38.53% increase from the current price.
MATIC price prediction: Pushing the rise
Polygon (MATIC) price has seen a slight correction over the last 48 hours on the 3-day chart. This has slowed consistent increases. The altcoin faced the $1.18 resistance level, which it last tested in April 2023. Looking at the market situation and investor interest, as well as the above-mentioned conditions, it looks like the altcoin price will surpass $1.18 and continue the rally. Turning this resistance into support would allow MATIC to tag $1.30 and mark a yearly high.
However, given that MATIC failed to do so in April last year, it is not immune to a $1.18 breach this time. In such a case, Polygon’s price would likely drop to $1.05, registering a 10% correction. If it loses this support level, the bullish thesis would become invalid. Thus, MATIC losing the $1 support level comes to the fore.
ETH and SOL price prediction: Targets are high!
The analyst, nicknamed Loma, predicts that Ethereum will continue to rise slowly. “It will likely remain stable below the $3,200 area. The price closes below $3,200 in a meaningful time frame and perhaps you can start looking for tops. Until then, it’s just a game of patience. Slow is smooth; smooth is fast.” says. The crypto analyst shares a chart that suggests ETH will eventually return to the ATH level around $4,871.
The analyst also has an eye on Solana (SOL), the rival of the leading altcoin ETH. Loma says Solana is bullish and dips are opportunities to accumulate SOL. In this context, the analyst said, “Any consolidation around $140 (and maybe mid-$130) on the lower time frames is good for the compound in my opinion. “$200 or the market is wrong.” says. In this regard, the analyst shares a chart in which he expects an increase of $ 200 for SOL.
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