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Chainlink (LINK) token prices still have the capability to surge despite some recent weakness within the past two weeks. Through a recent post on X (Twitter), major crypto analyst DaanCrypto Trades noted how LINK is looking solid after breaking out from the 500+ day trading range it was stuck under. Pullix (PLX) is also showcasing solid performance, and this can be attributed to its unique approach towards revolutionizing the TradFi space.
Chainlink (LINK) to Explode Over $20 Soon Based on Daan Crypto Trades Data
Chainlink (LINK) experienced a total price upswing of 92% in the past year and 30% during the past month alone. Daan Crypto Trades explains that Chainlink crypto has a good reason through which it’s kept up with this strength after breaking away from such a lengthy technical barrier at the $6 to $15 zone.
Breaking free from the heavy overhead supply zones frequently kicks off extended rallies, as is the case with fundamentally sound cryptocurrencies such as LINK.
Daan remains confident in the broader market outlook, and according to the Chainlink price prediction by the analyst, $19 is a potential ceiling that substantial selling pressure emerges, and if LINK is solid at this point, it could head toward the $20+ levels at the end of 2023. But alongside Chainlink, another crypto is getting a lot of attention.
Pullix (PLX) Will Introduce a Token Burn Feature and Reward Ecosystem Participants
While Chainlink is bullish and could see significant gains in the upcoming months, Pullix (PLX) has gained a lot of attention due to its unique approach in TradFi.
This upcoming exchange will provide 24/7 access to global markets and provide traders with the opportunity to trade cryptocurrencies alongside them, all from a single account. This is a self-custodial platform that’s community-backed and will benefit the holders of its native crypto, PLX.
Anyone holding and staking the cryptocurrency can receive daily revenue generated on top of the platform and
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Author: Crypto Daily