As with most cryptos in the market Chainlink has been on a bullish run lately and looks to have found a home above $8.15 each in recent days and year to date growth of around 50%. But for how long can this continue?
Today we will take a look at Chainlink growth potential and see whether the 19th largest cryptocurrency by market cap can rally above the $10 prediction set by analysts.
Based on the Chainlink price analysis, the market sentiment for LINK/USD is currently very positive, indicating strong bullish momentum. Both short- and medium-term technical signals support the buying side, suggesting that the coin’s price may continue to rise.
Upon examining the 4-hour price chart in the Chainlink price analysis, it is evident that the coin’s volatility is robust and that the price has nearly reached the top of the Bollinger bands.
The Bollinger Bands indicate low volatility as they display a narrow range, a few days ago the upper band at $8.16 potentially serving as a resistance level which has now comfortably been breached indicating we are indeed seeing an extended Chainlink Bull Run.
Chainlink sets the bar for constructing, gaining access to, and trading the oracle services necessary to operate hybrid smart contracts on any blockchain. The Chainlink Oracle Network launched LINK token staking in December 2021 to encourage sustainable growth and security. Chainlink has also proposed a staking update for June 7th, and this will see LINK experience a significant increase in value, rising by approximately 20% from $8 to $10. However with the full market rallying upwards there is every change Chainlink can continue to go past this mark and possibly
Analysts predict a price surge for DigiToads (TOADS) as it prepares for launch.
DigiToads (TOADS) is one of the meme coins aiming for the moon. Although still in its presale, the ERC-20 token has huge potential for investors. The presale has raised in excess of $1.5 million so far in its short career and looks like it will raise about $7 million by the time it launches.
Despite the plaudits and early presale success DigiToads has not rested and have announced features that will allow token holders to make residual income by participating in and using the DigiToads ecosystem. Shortly after the token launches onto BitMart and UniSwap, a Web3 Play-to-earn game is also being released. The turn based battling game allows players to earn rewards by winning battles and moving up the leaderboard.
Early predictions of the TOADS price are that it will experience an over 3000% increase before and over 250% after its launch. Investors have already witnessed two price surges, with an additional eight expected to occur before the presale concludes.
Investing in DigiToads now will open you up to lots of benefits. Upon its launch, DigiToads (TOADS) is predicted to be around $0.055. As an investor looking for the best investment, despite market volatility and the bullish movement of coins like LINK, TOADS offers a safer and more promising reward.
For more Information on DigiToads visit the website, join the presale or join the community for regular updates.
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