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Home»Altcoins»Chainlink Gearing Up for Parabolic Expansion to All-Time Highs, Says Crypto Analyst – Here’s His Outlook
Altcoins

Chainlink Gearing Up for Parabolic Expansion to All-Time Highs, Says Crypto Analyst – Here’s His Outlook

February 21, 2025No Comments2 Mins Read
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A well-known crypto analyst has recently made some bold predictions regarding the decentralized oracle network Chainlink (LINK), suggesting that it is on the verge of a major breakout. In a recent strategy session shared on social media platform X, the pseudonymous trader known as Inmortal has caught the attention of his large following by forecasting a potential increase of over 194% in LINK’s value by early next year.

Inmortal’s chart analysis indicates that LINK could retest the $14 level and potentially surge up to $53 in the first half of 2026. Currently, LINK is trading at $17.98, holding steady for the day. The trader also foresees significant rallies in other top digital assets in the near future, emphasizing the potential for a 2x return on investment within three months by strategically buying and selling major cryptocurrencies.

Furthermore, Inmortal has set his sights on Ethereum (ETH), predicting a series of rallies that could propel the digital asset to surpass the $4,800 mark by May. The trader envisions a gradual upward trend for ETH without major dips or retraces, culminating in a significant breakout once the $3,000 level is breached.

As of now, ETH is trading at $2,712, showing a 1.4% increase over the past 24 hours. Inmortal’s optimistic outlook on the cryptocurrency market has generated considerable interest among investors and enthusiasts alike, prompting them to closely monitor the price action and potential opportunities for profitable trades.

For the latest updates and alerts on cryptocurrency developments, readers are encouraged to subscribe to receive email notifications directly to their inbox. Additionally, followers can stay informed by checking the price action and following The Daily Hodl on social media platforms such as X, Facebook, and Telegram. Stay tuned for more insights and analyses on the ever-evolving crypto landscape.

See also  Memecoin Rug Pull? Base Faces Backlash After 90% Token Crash

Image Source: Midjourney

AllTime Analyst Chainlink Crypto Expansion Gearing Heres Highs Outlook Parabolic
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