Logo
Cardano Ecosystem

The Daily Hodl

last Sunday at 8:12 AM

·

2 views


Crypto Trader Predicts Massive Rallies for Chainlink (LINK) and Cardano (ADA) – Here Are His Targets - The Daily Hodl

A closely followed crypto analyst thinks that huge upside bursts are in the cards for Chainlink (LINK) and Cardano (ADA). Crypto strategist Ali Martinez tells his 115,00 followers on the social media platform...

Crypto Trader Predicts Massive Rallies for Chainlink (LINK) and Cardano (ADA) – Here Are His Targets - The Daily Hodl

A closely followed crypto analyst thinks that huge upside bursts are in the cards for Chainlink (LINK) and Cardano (ADA).

Crypto strategist Ali Martinez tells his 115,00 followers on the social media platform X that the native asset of the decentralized oracle Chainlink appears to have broken out of a bull flag on the four-hour chart.

A bull flag is often viewed as a bullish continuation pattern, suggesting that an asset is taking a break before moving higher.

Says Martinez,

“Chainlink LINK is breaking out of a bullish flag, targeting $50!”

Image
Source: Ali Martinez/X

At time of writing, LINK is trading for $24.43, translating to a potential rise of over 100% if the altcoin hits the target.

Turning to the smart contract platform Cardano, Martinez says ADA can spark a massive 426% rally from current levels if it follows in the footsteps of its 2021 price action.

“After a 44% correction, Cardano ADA began its second leg up during the week of February 1, 2021. Now, ADA has already undergone a 43% correction, suggesting the next leg up could be just two to three weeks away. $6 next!”

Image
Source: Ali Martinez/X

At time of writing, ADA is worth $1.14.

As for fellow layer-1 protocol Solana (SOL), Martinez says the altcoin could witness astronomical gains after shattering the resistance of a bullish pattern.

“Solana SOL has broken out of a cup-and-handle pattern, signaling a potential upside target of $4,700!”

Image
Source: Ali Martinez/X

A cup-and-handle structure suggests that buyers are no longer waiting for lower levels before entering the market, leading to higher prices for the asset.

At time of writing, SOL is trading for $275.

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

AD

SNEKbot by DexHunter on CARDANO

Cardano's Telegram Trading Bot live on Cardano mainnet!TRADE NOW!


Read Original Article on The Daily Hodl

ORIGINAL SOURCE

https://dailyhodl.com/2025/01/19/crypto-...

Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.


An image that says Learn Blockchain technology and get ahead in the industry with a link to the Cardano Academy.

More from The Daily Hodl

See more
One Factor Could Trigger ‘Larger’ Sell-Off in Cardano, Says Analyst Benjamin Cowen – Here’s His Outlook - The Daily Hodl
The Daily Hodl
One Factor Could Trigger ‘Larger’ Sell-Off in Cardano, Says Analyst Benjamin Cowen – Here’s His Outlook - The Daily Hodl

01/14/2025

·

13 views

Related News

See more

Featured News

See more



    DEFAULTENGLISH (EN)SPANISH (ES)RUSSIAN (RU)GERMAN (DE)ITALIAN (IT)POLISH (PL)HUNGARIAN (HU)JAPANESE (JA)THAI (TH)ARABIC (AR)VIETNAMESE (VI)PERSIAN (FA)GREEK (EL)INDONESIAN (ID)ROMANIAN (RO)KOREAN (KO)FRENCH (FR)CZECH (CS)PORTUGUESE (PT)TURKISH (TR)