This Is Not The Time To Sell Chainlink: Industry Veteran Predicts Price Will Reach New ATH

This Is Not The Time To Sell Chainlink: Industry Veteran Predicts Price Will Reach New ATH

Summary

- Analyst Michael van de Poppe predicts a bullish breakout for Chainlink (LINK) and advises against selling off during the current phase of reassessment and potential stabilization. - Chainlink's crucial resistance level for a potential breakout upwards is $0.0004480, with a possible trend switch at $0.0006721. - Chainlink is down by 3.54% in the last 24 hours, trading at $14.5, but has remained relatively stable with a 6.28% price increase over the past seven days and a 75.15% surge in its 24-hour trading volume. - Chainlink ranks number one among Real World Assets (RWA) by development activities, with activities 2.49 times greater than the next most active project, Synthetix (SNX), according to market intelligence platform Santiment. This evaluation was based on non-redundant GitHub activities over the past 30 days, highlighting Chainlink's high level of developer engagement and activities.