A Crypto Strategist Predicts Bullish Moves for Chainlink (LINK) and Ocean Protocol (OCEAN)
A well-known crypto strategist believes that Chainlink (LINK) has entered a bull market after a period of stagnant price movement. The analyst, known as Rekt Capital, shared on social media that LINK is now experiencing a long-term uptrend, signaling the end of its macro downtrend. Currently trading at $12.45, LINK is expected to continue its bullish momentum.
Ocean Protocol (OCEAN) Poised for a Rally
Rekt Capital also predicts a bullish continuation for Ocean Protocol (OCEAN), an AI-focused project that enables users to monetize data. After successfully closing above $0.40 last week, OCEAN is expected to rally to $0.48. Rekt Capital highlights the retest of the green area as new support, indicating the potential for OCEAN to reach its previous highs.
Positive Outlook for Altcoin Market Cap
Rekt Capital is closely monitoring the OTHERS chart, which tracks the total market cap of altcoins. The analyst suggests that the breakout from its multi-month reversal pattern indicates a growing risk appetite for altcoins. This positive outlook signals potential opportunities and growth for the altcoin market.
Hot Take: Bullish Momentum for Chainlink and Ocean Protocol, Altcoin Market Cap Shows Promise
Crypto strategist Rekt Capital has identified bullish trends in Chainlink (LINK), Ocean Protocol (OCEAN), and the altcoin market cap. LINK’s entry into a long-term uptrend suggests the end of its macro downtrend, while OCEAN’s successful close above $0.40 indicates a potential rally to $0.48. Additionally, the breakout in the altcoin market cap chart signals a growing risk appetite for altcoins. These trends indicate positive momentum and potential opportunities for crypto investors.
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