As we approach 2025, the crypto market is poised for dramatic shifts, with TRON targeting $20 and the Chainlink price eyeing $100.
This analysis delves into the unique features and potential drivers behind these bold forecasts, providing an in-depth outlook on the evolving crypto market.
Chainlink Price Analysis: Open Interest Soars As Traders Eyeing Big Move
Despite recent volatility in the crypto market, the Chainlink price is showing positive momentum. Over the past week, it has experienced a 9.6% increase. Recent analysis indicates that the price has tested a key support level and is trending upward, with experts predicting a 35% increase in the coming days.
Data from Coinglass shows growing interest in Chainlink, with a 9.5% rise in open positions in the last day, indicating more trader involvement. If the Chainlink price hits $14.40, about $2.44 million in short positions could close. Experts believe that such development could contribute to the Chain’s price surge to $100.
TRX to $20? Justin Sun Predicts Tron Price Explosion!
Justin Sun, the founder of the Tron blockchain, believes that the Tron price could skyrocket to $20. He shared this prediction on X, responding to an analyst who thinks the Tron price has great potential in the current market. Currently priced around $0.2048, the Tron price has experienced a 25% increase over the last week.
Analyst Intuit Trading predicts that the Tron price could surpass $20 this year after seven years of slow price movements. With its peak of $0.30004 still unbroken, the analyst believes $20 is the start. They suggest that as the dollar weakens and inflation rises, it could continue to climb, raising the question of when TRX will hit $200 or $2,000—potentially sooner than expected.
