![CHAINLINK PRICE ANALYSIS & PREDICTION (February 6) – Link Continues Drop After a Strong Rejection, Can it Hold Above This Support?](/image/67a4c3e70e1ce.jpg)
While this week’s crash disrupted some altcoins buy setup, Link dipped to its lowest trading level after three months and remained weak. Although it recovered well but is not strong enough to restore the bulls. Before the recent collapse, Link was footing another bullish move near a key resistance level while signalling a breakout. This bullish signal came after creating another support above the $22.3 level in late January. Unfortunately, the bullish signal failed due to a rejection and the price dropped a bit with a strong closing that month. It started this month with a major sell and broke down the support the following day. This led to a serious reduction and the price dipped to precisely $15.4 on Monday. That crash disrupted the whole market but a relief came after recovering back above the important $18 level. However, it has resumed selling pressure after testing the broken support as resistance. A solid hold above this important level could bring the bulls back into the market. Advancing bearish actions below this level could bring us back to the three-month low tested on Monday. As of now, Link may appear trapped under the bears’ radar on the daily chart. Looking at the overall market from a technical standpoint, it is important to note that the trend remains bullish in the long term. LINK’s Key Levels To Watch Source: Tradingview The bears are still eyeing the $17.9 support level. If reclaimed, they may pull to the weekly $15.4 low. A further break there might slip the price to $13 and potentially $11 in the near term. Right now, the $22.3 level is considered an immediate resistance for a push. If Link climbs back above it, the next resistance levels for a test would be $27 and $31. Key Resistance Levels: $22.3, $27, $31 Key Support Levels: $17.9, $15.4, $13 Spot Price: $19.75 Trend: Bearish Volatility: High Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news !
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Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of BitMaden. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.
Just Getting Into Crypto? Here’s Where to Put Your Money for Biggest Profits
![The post Just Getting Into Crypto? Here’s Where to Put Your Money for Biggest Profits appeared first on Coinpedia Fintech News Some cryptocurrencies have gained momentum because of their potential growth and interesting attributes. These include PEPE, XRP, SUI, and Rexas Finance (RXS), which are impressive even to experienced investors and crypto analysts. Let’s discuss why these cryptocurrencies could yield the highest profits for you. XRP: A Legal Win Could Ignite a 40,000% Surge XRP has been among the top cryptos in circulation due to its advanced technology. Currently, XRP is priced at $2.86, boasting an impressive market cap of $165.13 billion. The crypto community XRP Avengers believes the price might surge by 40,000% if they settle the case favorably. In the words of the Avengers, “#XRP will jump by +40,000% on the day the SEC v Ripple case is settled.” Similarly, Farina Edo, CEO of Alpha Lions Academy, made a similar prediction that if the emergency settlement occurs, XRP can go as high as $10 by the year’s end. If positive, this would allow Ripple to recover its position in the crypto market, making it attractive to investors trying to take the most out of the bullish turnaround. In addition, resolving the case would require investors to recertify Ripple’s technology and even boost the software’s adoption in financial institutions for prolonged value. PEPE: A Meme Coin That Breaks Barriers PEPE, which began as a meme coin, has become a serious player in the altcoin sphere. Currently valued at $0.00001264 and having a market cap of $5.31 billion, PEPE has added itself to the tables of the most popular coins, further solidifying its popularity and community support. The most recent increase in PEPE’s spot trading on Binance has given it more exposure and the ability to reach more investors. Experts also believe in PEPE’s community-driven growth strategy, driving it further with influencers propelling its growth potential. While meme coins are often risky at best, the steady growth of core coins shows how PEPE can surpass expectations in 2025. SUI: Going Above and Beyond Scales SUI is gaining popularity because of its impressive transaction throughput and scalability. It is priced at $3.69 and has a market cap of $11.10 billion. In 2024, SUI outperformed almost all L-1 blockchains by processing 7.5 billion transactions. Because of the low fees and focus on high-speed transactions, this project has attracted many developers and decentralized applications (dApps). Analysts expect growth in these gaming and DeFi sectors, so SUI is in a perfect spot for growth in the coming months. If everything goes according to plan, it would not be surprising to see SUI’s price doubling or tripling by the end of 2025. Rexas Finance (RXS): Outpacing Competition Rexas Finance is now regarded as one of the most fascinating projects in the crypto market. By integrating blockchain and real-world asset tokenization, RXS disrupts how people purchase and sell physical assets such as real estate and sculptures. With a presale price of $0.20, RXS has already amassed an impressive $43.9 million, selling 439 million tokens. As the project continues its presale, this confidence sets the foundation for strong returns after launch. Analyzing the Tokenomics Behind Rexas Finance The primary goal of Rexas Finance’s tokenomics is to encourage community engagement over an extended period: Allocation Before Sale : Early investors can purchase 50% of the supply. Rewards From Staking : 20% is set aside for advancing tokens to lock and improve network integrity. Community Incentives : 10% is set aside for promoting and partnering with other firms. Liquidity and Development : 15% is allocated for improving internal market liquidity and project development. Team Allocation : 5%, reserved for a certain amount of time, guarantees that the team shares the project’s goals. Why RXS Is Better Than the Rest RXS sets itself apart through its efforts to make traditionally illiquid markets accessible to everyone. By allowing institutions and high-net-worth individuals to buy fractional shares of expensive assets, RXS is creating previously unavailable investment options. The project’s audit by CertiK and its commitment to transparency further differentiate it from traditional operational models, making it an attractive altcoin investment choice. RXS Predictions The forecast is incredibly bold: It claims the RXS token price could reach $5 by the end of 2025, a 2,400% increase from the presale price. As more investors see the advantages of asset tokenization, RXS stands to benefit the most and could even reach the heights achieved by Solana and Ethereum in their early days. Conclusions Made – RXS Remains the Leader Investors looking for opportunities to earn with XRP, PEPE, and SUI can choose, but the best option available to investors, young and old, is Rexas Finance (RXS). Priced affordably for everyone, with strong backing from the community and an innovative use case, RXS is in a prime position to make the most of the next bull run. Rexas Finance should be on your radar if you are new to investing in cryptocurrencies. For more information about Rexas Finance (RXS) visit the links below: Website: https://rexas.com Win $1 Million Giveaway: https://bit.ly/Rexas1M Whitepaper: https://rexas.com/rexas-whitepaper.pdf Twitter/X: https://x.com/rexasfinance Telegram: https://t.me/rexasfinance](/image/67a4d0cb13823.jpg)
The post Just Getting Into Crypto? Here’s Where to Put Your Money for Biggest Profits appeared first on Coinpedia Fintech News Some cryptocurrencies have gained momentum because of their potential growth and interesting attributes. These include PEPE, XRP, SUI, and Rexas Finance (RXS), which are impressive even to experienced investors and crypto analysts. Let’s discuss why these cryptocurrencies could yield the highest profits for you. XRP: A Legal Win Could Ignite a 40,000% Surge XRP has been among the top cryptos in circulation due to its advanced technology. Currently, XRP is priced at $2.86, boasting an impressive market cap of $165.13 billion. The crypto community XRP Avengers believes the price might surge by 40,000% if they settle the case favorably. In the words of the Avengers, “#XRP will jump by +40,000% on the day the SEC v Ripple case is settled.” Similarly, Farina Edo, CEO of Alpha Lions Academy, made a similar prediction that if the emergency settlement occurs, XRP can go as high as $10 by the year’s end. If positive, this would allow Ripple to recover its position in the crypto market, making it attractive to investors trying to take the most out of the bullish turnaround. In addition, resolving the case would require investors to recertify Ripple’s technology and even boost the software’s adoption in financial institutions for prolonged value. PEPE: A Meme Coin That Breaks Barriers PEPE, which began as a meme coin, has become a serious player in the altcoin sphere. Currently valued at $0.00001264 and having a market cap of $5.31 billion, PEPE has added itself to the tables of the most popular coins, further solidifying its popularity and community support. The most recent increase in PEPE’s spot trading on Binance has given it more exposure and the ability to reach more investors. Experts also believe in PEPE’s community-driven growth strategy, driving it further with influencers propelling its growth potential. While meme coins are often risky at best, the steady growth of core coins shows how PEPE can surpass expectations in 2025. SUI: Going Above and Beyond Scales SUI is gaining popularity because of its impressive transaction throughput and scalability. It is priced at $3.69 and has a market cap of $11.10 billion. In 2024, SUI outperformed almost all L-1 blockchains by processing 7.5 billion transactions. Because of the low fees and focus on high-speed transactions, this project has attracted many developers and decentralized applications (dApps). Analysts expect growth in these gaming and DeFi sectors, so SUI is in a perfect spot for growth in the coming months. If everything goes according to plan, it would not be surprising to see SUI’s price doubling or tripling by the end of 2025. Rexas Finance (RXS): Outpacing Competition Rexas Finance is now regarded as one of the most fascinating projects in the crypto market. By integrating blockchain and real-world asset tokenization, RXS disrupts how people purchase and sell physical assets such as real estate and sculptures. With a presale price of $0.20, RXS has already amassed an impressive $43.9 million, selling 439 million tokens. As the project continues its presale, this confidence sets the foundation for strong returns after launch. Analyzing the Tokenomics Behind Rexas Finance The primary goal of Rexas Finance’s tokenomics is to encourage community engagement over an extended period: Allocation Before Sale : Early investors can purchase 50% of the supply. Rewards From Staking : 20% is set aside for advancing tokens to lock and improve network integrity. Community Incentives : 10% is set aside for promoting and partnering with other firms. Liquidity and Development : 15% is allocated for improving internal market liquidity and project development. Team Allocation : 5%, reserved for a certain amount of time, guarantees that the team shares the project’s goals. Why RXS Is Better Than the Rest RXS sets itself apart through its efforts to make traditionally illiquid markets accessible to everyone. By allowing institutions and high-net-worth individuals to buy fractional shares of expensive assets, RXS is creating previously unavailable investment options. The project’s audit by CertiK and its commitment to transparency further differentiate it from traditional operational models, making it an attractive altcoin investment choice. RXS Predictions The forecast is incredibly bold: It claims the RXS token price could reach $5 by the end of 2025, a 2,400% increase from the presale price. As more investors see the advantages of asset tokenization, RXS stands to benefit the most and could even reach the heights achieved by Solana and Ethereum in their early days. Conclusions Made – RXS Remains the Leader Investors looking for opportunities to earn with XRP, PEPE, and SUI can choose, but the best option available to investors, young and old, is Rexas Finance (RXS). Priced affordably for everyone, with strong backing from the community and an innovative use case, RXS is in a prime position to make the most of the next bull run. Rexas Finance should be on your radar if you are new to investing in cryptocurrencies. For more information about Rexas Finance (RXS) visit the links below: Website: https://rexas.com Win $1 Million Giveaway: https://bit.ly/Rexas1M Whitepaper: https://rexas.com/rexas-whitepaper.pdf Twitter/X: https://x.com/rexasfinance Telegram: https://t.me/rexasfinance NullTx
![Crypto analyst Michaël van de Poppe has made a bold prediction, forecasting that the price of Bitcoin could reach $500,000, with Ethereum’s soaring past $20,000 in the coming years. His outlook, supported by macroeconomic trends and growing institutional adoption, suggests that the crypto market is on the cusp of an unprecedented rally. Overcoming ‘Bear Market PTSD’ Market sentiment is currently quite low following one of the biggest daily sell-offs in crypto history, which saw more than $400 billion wiped off in less than a day. However, while Van de Poppe acknowledges the bearish outlook, he argues that the market is primed for a major bull run. According to him, a “perfect storm” is brewing, fueled by growing institutional adoption and the U.S. government’s more tolerant stance on crypto. This includes a proposal for a national digital asset stockpile. Additionally, institutions are launching crypto products providing greater market access and banks have been given the leeway to offer custody services following the SEC’s revocation of SAB 121. Van de Poppe admitted that many investors were skeptical, still haunted by past downturns, a phenomenon he called “bear market PTSD,” which makes it hard for traders to believe in a long-term uptrend. Nonetheless, he argued that Bitcoin and Ethereum’s trajectories should not be judged by past cycles alone, especially given their increasing global adoption and the ongoing influx of institutional capital, including millions spent on crypto by an organization linked to U.S. President Donald Trump. A shifting macroeconomic landscape could also boost crypto’s explosion. The analyst suggests that China’s economic strategy to deal with Trump’s new tariffs could create the perfect condition for altcoins to thrive. In his opinion, the Asian giant has two options to counter the U.S.: devalue its currency to continue exporting products into the United States or focus on its own domestic market to become stronger. If it chose the second option, it would mean selling its dollar reserves, buying back the renminbi, and making it solvent. Such a situation, in Van de Poppe’s opinion, would cause the dollar to lose some of its strength, and a weaker dollar coupled with lower yield bonds often leads to increased capital flow into digital assets. Exponential Gains Taking everything into consideration, Van de Poppe outlined two likely possibilities. In the blow-off top scenario, he envisions a rapid bull run, similar to the dot-com boom of the ‘90s, which could see BTC shoot up to anywhere between $300,000 and $500,000 before a sharp correction. Ethereum would follow suit and could climb past $20,000 with the acceleration of institutional adoption, potentially powered by its new marketing initiative, Etherealize . The second option would be an extended supercycle, leading to a slower but self-sustaining rally that could drive Bitcoin’s value towards $1 million over the next few years. ETH would also benefit from taking advantage of the expected growth of layer-2 networks and institutional DeFi integration to push to $30,000. The post Bitcoin to $500K, Ethereum to $20K? Analyst Forecasts a Major Crypto Surge appeared first on CryptoPotato .](/image/67a4e5e2c7cd6.jpg)
Bitcoin to $500K, Ethereum to $20K? Analyst Forecasts a Major Crypto Surge
Crypto analyst Michaël van de Poppe has made a bold prediction, forecasting that the price of Bitcoin could reach $500,000, with Ethereum’s soaring past $20,000 in the coming years. His outlook, supported by macroeconomic trends and growing institutional adoption, suggests that the crypto market is on the cusp of an unprecedented rally. Overcoming ‘Bear Market PTSD’ Market sentiment is currently quite low following one of the biggest daily sell-offs in crypto history, which saw more than $400 billion wiped off in less than a day. However, while Van de Poppe acknowledges the bearish outlook, he argues that the market is primed for a major bull run. According to him, a “perfect storm” is brewing, fueled by growing institutional adoption and the U.S. government’s more tolerant stance on crypto. This includes a proposal for a national digital asset stockpile. Additionally, institutions are launching crypto products providing greater market access and banks have been given the leeway to offer custody services following the SEC’s revocation of SAB 121. Van de Poppe admitted that many investors were skeptical, still haunted by past downturns, a phenomenon he called “bear market PTSD,” which makes it hard for traders to believe in a long-term uptrend. Nonetheless, he argued that Bitcoin and Ethereum’s trajectories should not be judged by past cycles alone, especially given their increasing global adoption and the ongoing influx of institutional capital, including millions spent on crypto by an organization linked to U.S. President Donald Trump. A shifting macroeconomic landscape could also boost crypto’s explosion. The analyst suggests that China’s economic strategy to deal with Trump’s new tariffs could create the perfect condition for altcoins to thrive. In his opinion, the Asian giant has two options to counter the U.S.: devalue its currency to continue exporting products into the United States or focus on its own domestic market to become stronger. If it chose the second option, it would mean selling its dollar reserves, buying back the renminbi, and making it solvent. Such a situation, in Van de Poppe’s opinion, would cause the dollar to lose some of its strength, and a weaker dollar coupled with lower yield bonds often leads to increased capital flow into digital assets. Exponential Gains Taking everything into consideration, Van de Poppe outlined two likely possibilities. In the blow-off top scenario, he envisions a rapid bull run, similar to the dot-com boom of the ‘90s, which could see BTC shoot up to anywhere between $300,000 and $500,000 before a sharp correction. Ethereum would follow suit and could climb past $20,000 with the acceleration of institutional adoption, potentially powered by its new marketing initiative, Etherealize . The second option would be an extended supercycle, leading to a slower but self-sustaining rally that could drive Bitcoin’s value towards $1 million over the next few years. ETH would also benefit from taking advantage of the expected growth of layer-2 networks and institutional DeFi integration to push to $30,000. The post Bitcoin to $500K, Ethereum to $20K? Analyst Forecasts a Major Crypto Surge appeared first on CryptoPotato . NullTx