3 Cryptocurrencies Worth Holding Long-Term!
SUI
The SUI token is consolidating in a bullish triangle flag, suggesting a potential rebound. A bullish triangle flag forms after a significant price increase, usually indicating further upward movement. A breakout above the trendline could push SUI to between $5.32 and $5.50 by the end of December. However, if the breakout is not confirmed, SUI may return to a support level of $4.42 or lower. Traders are waiting for clear signals before taking action.
LINK
Chainlink has risen by 286% over the past month, reaching a multi-year high of $30.9. Previously, the DeFi project World Liberty Financial, associated with Donald Trump, purchased 80,000 LINK tokens. The project also integrated Chainlink's technology, boosting confidence in the token. More institutions are adopting blockchain, further strengthening Chainlink's fundamentals. Many believe that Chainlink's momentum is just beginning.
TAO
Bittensor aims to decentralize artificial intelligence by running machine learning models on the blockchain. Since August 2024, TAO has been bullish, showing strong upward momentum. Wave (1) reached a peak of $680, followed by a drop to $403 in wave (2). Subsequently, TAO broke above the October high, forming a bullish Elliott wave pattern. Analysts predict it will rise to $922-$1044. Investors are watching for a pullback near $403, viewing it as a buying opportunity before hitting a new all-time high.
