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Chainlink Gearing Up for Parabolic Expansion to All-Time Highs, Says Crypto Analyst – Here’s His Outlook

February 21, 2025
in Altcoins
Reading Time: 2 mins read
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Chainlink Gearing Up for Parabolic Expansion to All-Time Highs, Says Crypto Analyst – Here’s His Outlook
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A widely followed crypto analyst says that decentralized oracle network Chainlink (LINK) is gearing up for a massive breakout.

In a new strategy session, pseudonymous crypto trader Inmortal tells his 229,400 followers on the social media platform X that LINK may increase by more than 194% its current value by early next year.

“Green for buying, red for selling. This trade requires:

  • 2/100 IQ.
  • 100/100 patience .

I have both.”

Source: Inmortal/X

Looking at his chart, the trader suggests LINK may retest the level around $14 and surge to around $53 in the first half of 2026.

LINK is trading for $17.98 at time of writing, flat on the day.

Next up, the trader predicts that top digital assets will see big rallies in the coming months.

“I think most underestimate the power of buying spot here on some majors. Easy 2x in three months. Buy, wait, wait, wait, sell.”

Lastly, the trader says that Ethereum (ETH) may take off on a series of rallies and surpass the $4,800 level by May.

“This is how my dream looks like.

  1. Slow grind up, no big dips or retraces.
  2. God candle when we flip $3,000.

Call me crazy, I don’t care…

It has already started.”

Image
Source: Inmortal/X

ETH is trading for $2,712 at time of writing, up 1.4% in the last 24 hours.

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney


Credit: Source link

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