Following a multi-billion-dollar liquidation, cryptocurrencies are bouncing back as BTC reclaims $110,000. However, it’s too early to celebrate due to potential retaliations between China and the USA looming around November 1st. Let’s delve into analysts’ current predictions for PUMP, ETH, and LINK Coins as of today.
LINK Coin Analysis
In a surprising turn of events, LINK Coin has stood out among high market cap altcoins with a surge of over 8%. Having reclaimed the $19 mark, Chainlink (LINK) is currently flirting with this key region. According to Ali Martinez, a recent chart analysis suggests that a target of $25 is once again on the horizon.
Should LINK Coin bulls take charge, an impressive close above $25 could elevate the price past $100. Despite sealing significant deals with some of the world’s largest financial companies, LINK Coin has yet to reflect these in its valuation.
ETH Price Predictions
The analyst known as DaanCrypto shared ETH charts and emphasized the significance of $4,100, advising altcoin investors to focus on this level. “ETH is retesting the previous cycle’s peak after a major drop. This level serves as a formidable barrier for bulls, holding critical importance in the short to medium term. For a return to previous price ranges, daily closes must break above this level. An intriguing battle is set to unfold around $4,100.”
The crypto market agenda is exceedingly busy, resulting in high volatility driven by news flows. Large movements in specific altcoins are often linked to last-minute announcements, partnerships, or issues. Therefore, the live news section on CryptoAppsy might prove beneficial with its comprehensive summaries accessible at your convenience.
PUMP Coin and BTC Outlook
Turning to PUMP Coin, Sherpa revealed his continued long position. He also holds a long position on ZEC. Unless BTC appears uncertain, he plans to maintain his position, driven by the upward trend observed in the PUMP Coin chart.
BTC’s critical safeguard level is $110,500. If this does not hold firm as support, the door may reopen to levels in the $105,000 range.