Altcoin

Top Trader Predicts Chainlink (LINK) Rally, Says One Memecoin Gearing Up for ‘Mega Send’

Published

10 months ago

December 12, 2024

A extensively adopted cryptocurrency analyst and dealer predicts that one of many prime 20 altcoins will quickly have an explosive breakout.

The analyst, pseudonymously generally known as Bluntz tells In response to its 304,200 followers on social media platform

Bluntz applies Elliott Wave idea, which states {that a} bullish asset tends to see extra rallies after the conclusion of an ABC wave pullback.

“LINK continues to look sturdy towards the USD and BTC pair right here. I’m working very arduous to regain the vary, I feel it will likely be no less than 50% increased within the subsequent two weeks.”

He too say that the market correction this week creates a shopping for alternative for LINK.

“There at the moment are some good settings for these mega flushes. LINK is certainly one of them.”

LINK is buying and selling at $23.65 on the time of writing, up 12.2% within the final 24 hours.

Then the dealer say that Pepe (PEPE) is poised for an explosive rally after the memecoin as soon as once more examined a decrease sure of a buying and selling vary on the hourly chart.

“PEPE held up like a champ, however nonetheless managed to faux each ends of the vary. These setups f**ok everybody, bulls and bears, however with the lows I feel this one is mega transmitting.

PEPE is buying and selling at $0.00002495 on the time of writing, up 6.4% within the final 24 hours.

The analyst too predicts a broader crypto market rally after this week’s sudden dip.

“There’s nothing like a great liquidation to gas the subsequent parabolic leg increased.”

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