{"id":11164,"date":"2024-05-07T17:10:27","date_gmt":"2024-05-07T17:10:27","guid":{"rendered":"https:\/\/www.bitrabo.com\/discover\/this-is-not-the-time-to-sell-chainlink-industry-veteran-predicts-price-will-reach-new-ath\/"},"modified":"2024-05-07T17:10:42","modified_gmt":"2024-05-07T17:10:42","slug":"this-is-not-the-time-to-sell-chainlink-industry-veteran-predicts-price-will-reach-new-ath","status":"publish","type":"post","link":"https:\/\/www.bitrabo.com\/discover\/this-is-not-the-time-to-sell-chainlink-industry-veteran-predicts-price-will-reach-new-ath\/","title":{"rendered":"Analysis Indicates Chainlink is Poised for New All-Time High"},"content":{"rendered":"\n<p>Renowned cryptocurrency expert, Michael van de Poppe, has projected a significant uptrend for Chainlink (LINK) and advises investors to retain their holdings amidst market turbulence.\u00a0<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Expert_Advises_Against_Premature_Selling\"><\/span>Expert Advises Against Premature Selling<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>In a recent post on X (formerly Twitter), Poppe <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/x.com\/cryptomichnl\/status\/1787452263453339920?s=46\">shared<\/a> a detailed LINK\/BTC price analysis spanning from 2018 to 2025. By examining the cryptocurrency&#8217;s historical price behavior during previous market cycles, Poppe suggested that Chainlink is currently undergoing a reevaluation phase at its low point, potentially leading to a price surge. The expert warns that initiating sell-offs at this stage may result in missed profit opportunities when the market recovers from its temporary slump.\u00a0<\/p>\n<p>Analyzed in the price chart is a critical resistance level at $0.0004480 that could trigger a substantial upward breakout. Furthermore, the LINK\/BTC ratio might indicate a trend reversal at $0.0006721 by forming &#8220;higher lows and higher highs.&#8221;<\/p>\n<p>In a positive forecast, Poppe previously stated that Chainlink was nearing its &#8220;bottom,&#8221; likely touching new lows around 2,000 Satoshis (SATs) before an upward spike. He highlighted this phase as an ideal buying opportunity, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/x.com\/cryptomichnl\/status\/1786471095110902075?s=46\">mentioning<\/a> his personal investments in Chainlink.\u00a0<\/p>\n<p>Currently, Chainlink&#8217;s price has decreased by 3.54% in the last 24 hours, trading at $14.5%, as reported by CoinMarketCap. Despite the recent decline, the cryptocurrency has maintained stability, showing a 6.28% weekly increase and a remarkable 75.15% surge in its 24-hour trading volume.\u00a0<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Chainlink_Leads_in_Real_World_Assets_Development\"><\/span>Chainlink Leads in Real World Assets Development<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Chainlink has taken the top spot in Real World Assets (RWA) development activities. Data from market analysis platform Santiment indicates that Chainlink <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/x.com\/santimentfeed\/status\/1787631300171669748?s=46\">leads<\/a> the RWA sector with activities 2.49 times higher than the next project, Synthetix (SNX).\u00a0<\/p>\n<p>The assessment, conducted on GitHub, a software development platform, ranks Chainlink based on non-redundant activities and average daily engagement over the past month. This recognition reinforces Chainlink&#8217;s active developer community and the project&#8217;s ongoing innovation efforts.\u00a0<\/p>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Renowned cryptocurrency expert, Michael van de Poppe, has projected a significant uptrend for Chainlink (LINK) and advises investors to retain their holdings amidst market turbulence.\u00a0 Expert Advises Against Premature Selling In a recent post on X (formerly Twitter), Poppe shared a detailed LINK\/BTC price analysis spanning from 2018 to 2025. By examining the cryptocurrency&#8217;s historical [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":11166,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"slim_seo":{"title":"Analysis Indicates Chainlink is Poised for New All-Time High - Bitrabo","description":"Renowned cryptocurrency expert, Michael van de Poppe, has projected a significant uptrend for Chainlink (LINK) and advises investors to retain their holdings am"},"footnotes":""},"categories":[316],"tags":[838,1820,666,911,467,483,1209,1089,3174],"class_list":["post-11164","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","tag-ath","tag-chainlink","tag-industry","tag-predicts","tag-price","tag-reach","tag-sell","tag-time","tag-veteran"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/posts\/11164","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/comments?post=11164"}],"version-history":[{"count":0,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/posts\/11164\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/media\/11166"}],"wp:attachment":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/media?parent=11164"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/categories?post=11164"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/tags?post=11164"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}