The crypto market has experienced a significant upswing over the past month. Chainlink (LINK) has followed suit as its trading volume climbs to $594.2 million. This recent price movement comes after consolidation within the $11-$12 range, which followed a previous downtrend.
Analysts closely monitor the $13 resistance level, which has consistently acted as a strong barrier. Breaking above this level could mark the beginning of a bullish trend. Meanwhile, a crypto analyst, Michaël van de Poppe, maintains an optimistic view of Chainlink.
If LINK can surpass the $13 resistance level, he anticipates a breakout within the next two weeks. Should LINK successfully break above $13, its price could rally toward the $18 mark. This outcome would signify an approximate 40% increase from the breakout level.
Approximately 192 large transactions were recorded on the Chainlink network, reaching the 7-day high seen on October 25. This means a surge from the 7-day low of 54 transactions on October 19. This surge in large transactions signals increased interest or significant capital movements among major holders.
Additionally, the In/Out of the Money analysis indicates that 37.51% of addresses (262.38k) are “in the money.” On the other hand, 58.90% of addresses (411.97k) are “out of the money,” meaning they were purchased at higher prices. This outcome would signify an approximate 40% increase from the breakout level.
While Chainlink sentiment seems bullish, FXGuys ($FXG) waxes stronger with its unique decentralized platform. As a proprietary trading company, FXGuys empowers traders with real capital and access to diverse assets. With its outstanding customer support, FX Guys offers a unique platform for those looking for the best crypto to invest in.
Investors are maximizing this new crypto ICO’s opportunity by continuing to buy the tokens for 100x returns. The FX Guys sold 68,000,000 tokens and raised $1,000,000 in its private round. Over 110 million tokens have been sold in its ongoing stage one at an attractive price of $0.03.
A key feature driving FXGuys’ momentum is its Trade2Earn program. This program allows traders to earn rewards directly from their trading activities. Unlike typical trading platforms, this proprietary trading company enables traders to earn regardless of whether their trading is successful or not.
Another amazing feature of FXGuys is its self-sustaining staking mechanism. This new crypto ICO allows token holders to engage actively in the platform. Through staking, holders can earn a share of up to 20% of annual profits from FXGuys’ trading volume.
This reward is split according to each participant’s share in the staking pool. It promotes an ecosystem where every trader has the potential to benefit from FXGuys’ growth and activity. It also offers an accessible trading experience, with no buy or sell tax on $FXG.
As FX Guys wax stronger with its innovative staking model, it is poised to become a major player in the market. Investors seeking the best crypto to invest in can be part of FXGuys via its presale platform. With a projected 100x return, FXGuys is a leader in the decentralized trading space.
To find out more about FXGuys follow the links below:
Website | Whitepaper | Socials | Audit
Exclusive FXGuys Promo Code:
Disclaimer: The text above is an advertorial article that is not part of Coincu.com editorial content. |
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