During the drafting of this article, Fed member Cook requested the Supreme Court to reject Trump’s appeal, and for now, everything seems in order with crypto. Concurrently, Congress seeks to impose sanctions on China, posing potential risks to both cryptocurrencies in the backdrop of discussions on the Fed’s independence. But what predictions do analysts have for AVAX and TAO?
AVAX’s Meteoric Rise
AVAX has been on an upward trend ever since it surpassed the $27 mark. This anticipated scenario has unfolded without much surprise. After reclaiming the key zone after more than 220 days, it was forecasted to rise further and test the $32 level. Now AVAX has touched $35.
The market is entering a phase where robust altcoins, which had been quiet for a while, start to make bold moves. Investors may witness sudden reversals in cryptocurrencies that exhibited weak performance and failed to approach the November peak.
Rager is extremely pleased with the recent movements in the AVAX Coin graph. He believes this is not the peak yet. According to the analyst’s prediction, the altcoin, which gained 15% daily, is in the midst of a rally expected to extend to $68.
TAO Coin’s Promising Potential
TAO Coin is among the altcoins offering good earning opportunities, with a notable number of long-term investors believing in its future. It is also garnering attention on social media. As one of Poppe’s favorite altcoins, TAO is frequently analyzed and discussed.
With the support level maintained and an apparent upward trend, Poppe is optimistic. Should Michael Poppe’s target of $472 be realized, investors could enjoy substantial profits in the coming weeks.
Chainlink’s Global Partnerships
Imagine an altcoin establishing partnerships with the world’s largest entities, including the US Department of Commerce, SWIFT, DTCC, BNY Mellon, JPM, US Bank, Invesco, Citi, BNP Paribas, Deutsche Bank, and Euroclear. It provides infrastructure for DeFi assets worth billions and opens its technology to almost all known crypto protocols for trillion-dollar volumes, yet its graph appears as below.
Yes, Chainlink 
$9 (LINK) is precisely in this situation. Though delayed, there’s an expectation for at least reclaiming former peaks, implying that prices above $50 are just a matter of time. Poppe, representing merely a fraction of the hopeful large investor group, motivated investors with his comment that the graph reflects one of the best bottom reversal setups.
