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Analyst Says ChainLink (Lynx) And Low-Cap Ethereum Altcoin Set For Rallies — Here’s Their Price Target

Closely followed crypto analysts say decentralized Oracle network ChainLink ( LINK ) and another under-the-radar Ethereum-based altcoin are set for rallies.

Michael van de Poppe says His 622,000 Twitter followers suggest LINK’s recent 35% run has plenty of gas in the tank and is on track for a potential price target of $12, a 37% gain from current prices.

“It is going according to plan.

It ran 35% from $7 to $9.50 and needs to consolidate as we speak.

$8 is expected to hold as support and then $12 is on board for a potential target.

Source: Michael van de Poppe/Twitter

At the time of writing, LINK is trading at $8.74.

Layer 2 Scaling Solution Celer Network (CELR) is on analysts’ radar. According to For van de Poppe, CELR is in a clear uptrend, with a 30% rally remaining.

“The trend is upward, as more lows are created continuously.

I would like $0.0235-0.024 to hold as support and then $0.034 is possible.

Source: Michael van de Poppe/Twitter

At the time of writing, CELR is trading at $0.0026, up 20% over the past seven days.

Analyst looking at Bitcoin (BTC). says BTC is in a consolidation pattern and offers opportunities for bulls near the $23,000 area.

“Bitcoin is consolidating a bit as we had a pretty decent run last week.

  • Very common; Nothing goes in a straight line.
  • Profit taking, bearish sentiment is still prominent.
  • Giving opportunities to people to enter in HL.

Viewing $23.8K and $23K for long term”

Source: Michael van de Poppe/Twitter

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Disclaimer: The views expressed in The Daily Hoddle are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and transactions are at your own risk and any losses you may incur are your responsibility. Daily Hoddle does not recommend the purchase or sale of any cryptocurrencies or digital assets, nor is Daily Hoddle an investment advisor. Please note that Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/Tanyalovus/David Sandron

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