2022 will be the year of DeFi and Oracle – here are the altcoins to check out

Chartist Michaël van de Poppe. in a new strategy meeting to speak With its 160,000 YouTube subscribers, the Chainlink (LINK) feed service could provide both DeFi and Oracle with impetus in the future after a lackluster 2021.

“A year ago the market was at the same level as it is now. What does that mean? 2021 won’t be one of the best years for Chainlink, Oracle and DeFi.

But lately we’ve really seen strength on the DeFi side and a lot of protocols have broken out, shown strength and most likely will continue.

If DeFi explodes again, Chainlink is more likely to follow. “

Oracle connects real information with blockchains to execute smart contracts.

Van de Poppe noted the recent higher highs and higher lows of LINK in his price forecast for 2022.

“If LINK holds and hits a higher low at $ 19.5, the price will attack the highs of the range and once it breaks the high of $ 33 the altcoin will enter a new trend.

Then the next goal could be $ 77 and $ 120. “

Van de Poppe concluded his annual review of the crypto market with the words:

“The year 2022 is the year of DeFi and Oracle.”

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