Exciting predictions for curious crypto followers! A prominent crypto analyst predicted a 25 percent rise for decentralized oracle provider Chainlink (LINK) while also updating his perspective on decentralized crypto exchange (DEX) SushiSwap (SUSHI).
Crypto strategist Ali Martinez, who has followers on the social media platform X, states that there is a clear path for LINK to jump to the $ 20 price level.
“It formed a solid demand zone between $14.80 and $15.20. 17,650 addresses in this region purchased a total of 85.12 million. “Without any resistance ahead, LINK may be ready to move towards $20.”
92% of LINK Owners are Profitable!
By tracking the Price Around Profit/Loss Ratio (IOMAP) metric, the analyst's chart shows that 92.1% of LINK holders are in profits, while only 6.5% are in losses. At the time of writing, it is trading at $15.95 and has gained 6.26 percent in the last 24 hours. If the price predicted by Martinez is reached, there will be a jump of approximately 25 percent.
“Despite continuous improvement in SushiSwap, the impact of the bear market is obvious to investors. Data from IntoTheBlock shows that over 82% of SUSHI holders are currently 'at a loss'. This also implies that SUSHI may be undervalued!”
