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COINTURK NEWS > Technical Analysis > Analysts Share Insights on LINK, FLOKI, and CHR Coins
Technical Analysis

Analysts Share Insights on LINK, FLOKI, and CHR Coins

In Brief

  • Analysts provide views on LINK, FLOKI, and CHR coins.

  • Potential price targets are outlined for each cryptocurrency.

  • Market developments could influence future price movements significantly.

Fatih Uçar
Fatih Uçar 8 months ago
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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?

Contents
Analysis of LINK CoinInsights on FLOKI and CHR Coins

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 $15 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.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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Fatih Uçar 25 September, 2024 - 11:38 pm 25 September, 2024 - 11:38 pm
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