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Home»ALTCOIN NEWS»A breakout rally is expected for Ethereum (ETH) and Chainlink (LINK), according to analysts. Here are his predictions:
ALTCOIN NEWS

A breakout rally is expected for Ethereum (ETH) and Chainlink (LINK), according to analysts. Here are his predictions:

By Crypto FlexsDecember 3, 20232 Mins Read
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A breakout rally is expected for Ethereum (ETH) and Chainlink (LINK), according to analysts.  Here are his predictions:
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A cryptocurrency strategist who follows closely believes that Ethereum (ETH) and Chainlink (LINK) are poised for more upside.

Ethereum has broken out of a triangle on the four-hour chart, pseudonymous analyst Inmortal told his 202,500 followers on social media platform X.

According to Inmortal, a breakout is likely. rod this time.

“ETH is ready to do that.

“It’s real this time.”

source: Immortal/X

As of this writing, Ethereum is trading at $2,162, up 3.63% in the last 24 hours.

Looking at Chainlink, a decentralized oracle network, the analyst believes that LINK has broken out of its ascending triangle pattern and is poised for the following to happen: hit His target is $17.00.

“Our Gucci. Keep pushing.”

video
source: Immortal/X

As of this writing, LINK is worth $15.92, up more than 6% in the past day.

For Bitcoin (BTC), Inmortal says the cryptocurrency king has maintained a strong upward trend over the past month and a half after printing a series of bullish highs and lows.

“Simply put, this is not a good idea. All short sales opened in the last 45 days will be suspended, liquidated, or placed underwater. Meanwhile, the market continues to make higher lows.”

video
source: Immortal/X

As of this writing, Bitcoin is trading at $39,558, up more than 2% in the last 24 hours.

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Disclaimer: Opinions expressed on The Daily Hodl do not constitute investment advice. Investors should do their due diligence before making high-risk investments in Bitcoin, cryptocurrencies, or digital assets. Please note that your transfers and transactions are entirely at your own risk and that you are responsible for any losses that may occur. The Daily Hodl does not recommend the purchase or sale of any cryptocurrency or digital asset, and The Daily Hodl is not investment advice. The Daily Hodl engages in affiliate marketing.

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