Analysts Share Insights on LINK, FLOKI, and CHR Coins

CoinMarketCap
26 Sep 2024

You can also read this news on COINTURK NEWS: Analysts Share Insights on LINK, FLOKI, and CHR Coins

Today, we examine the current charts and comments from various analysts regarding three altcoins. Specifically, we focus on LINK Coin, analyzing assessments from two different cryptocurrency commentators while discussing possible scenarios. Although analyst commentary offers investors perspectives from various angles, it should not directly translate into individual investment strategies. What price targets do analysts have for LINK Coin, FLOKI, and CHR Coin?

Analysis of LINK Coin

Carl and Quinten have included LINK Coin in their discussions and shared their price targets. Quinten expresses satisfaction with the rebound from the support level of LINK Coin and suggests that preparations for a new test are underway. Given that BTC continues to close above $63,000, the outlook remains positive. Chainlink is one of the altcoins that long-term investors are focusing on due to its agreements with major financial companies.

“LINK has rebounded nicely from support and is now preparing to test $12.70. If we break this level, I will be watching for the next levels of $15 and $16.60.”

Carl shared a scenario extending to 2025 with his followers. After testing the descending resistance, he outlined potential upward targets of $12.67 and $14.87, followed by $18.82. His final year-end target stands at $20.80.

If the Chainlink team expands its staking pool or makes an exciting announcement regarding its ongoing partnerships, it would provide supportive price momentum. The company’s work in the RWA space and details such as how CCIP facilitates the operations of additional companies are enhancing LINK Coin’s potential.

Insights on FLOKI and CHR Coins

Among meme coins, FLOKI Coin has emerged as one of the top performers this year based on market capitalization. Moustache expressed optimism regarding FLOKI Coin’s performance due to a partnership with the esports giant Alliance. While he did not mention specific price targets, he emphasized the importance of the announcement.

“I still believe FLOKI will be one of the strongest meme coins in the upcoming period.”

“Recently, they partnered with Alliance to expand Web3 games through special content and branding.”

For CHR Coin, Crypto Bullet shared a chart outlining three major targets, emphasizing that these long-term goals could be reached by 2026.

The long-term target stands at $2.90, following $0.87 and $1.48. If this occurs, the price of CHR Coin would increase by more than tenfold at the final target.

The post Analysts Share Insights on LINK, FLOKI, and CHR Coins appeared first on COINTURK NEWS.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10