Chainlink is preparing to collect prices “round 2”: merchants star-news.press/wp

ChainLink may be prepared for another aggressive crowd, according to traders, after 44 % profit last week.

“The link looks like ready for round 2”, Crypto Johnny merchant, who has more than 860,000 followers on X, He said In a publication on Wednesday, referring to the preparation of my up this week after it reached $ 24.60.

“The bigger big play is,” says Trader.

Vocal He said This is the “highest level of ascension” in the Link series since February 1, more than six months ago. Chainlink has also increased by 54 % over the past thirty days, as it was traded at $ 24.0 at the time of publication, According to To CoinmarketCap data.

Another 6.2 % increase to $ 25.50 would put about $ 61 million in short positions of liquidation, According to To Coinglass data.

However, despite the last gathering, Chainlink is still 55 % lower than its height in May 2021 at all at $ 52.88.

It is among the best 20 encrypted currencies-such as the stars (XLM), Hedra (HBAR), and Litecoin (LTC)-which has not yet recovered 2021 levels at all.

Analysts have previously said that many traders may wait for the famous coins from 2021 to reconsider the high levels at all before selling at Breakeven.

However, some analysts indicate that it may rise much. Miles Deutcher Cross Detector He said“Link may be the most obvious play for this course, adding that” most people will miss it. ”

Recent ChainLink series developments

This is because Chainlink is “the winner of the institutional character to encryption and explosive growth of Stablecoins, the distinctive symbol, and RWAS.”

On Monday, ChaINLINK has made a partnership with Fortune 500 COMPANY Intercontinental Exchang (ICE), which is based in the United States to bring in foreign exchange data and precious minerals onchain.

Related to: Blockchain compliance tools can reduce TDFI costs: co -founder of Chainlink

The co -founder of ChainLink Sergey Nazarov said on May 15 that the asset symbol is to accelerate the capital movement through the traditional markets and will enhance the speed of capital in the assets classes such as the treasury, shares, private credit, commercial debts and real estate.

Rick Barber encryption commentator He said In X Publishing, “All eyes and benefits related to $ are expected to deposit and update this week to the newly created reserve.”

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This article does not contain investment advice or recommendations. Each step includes investment and risk trading, and readers must conduct their own research when making a decision.