Top Analyst Predicts Big Rally for One Ethereum-Based Altcoin, Says Crypto Catalyst Coming in Two Weeks
crypto Ethereum Top Analyst Predicts Big Rally for One Ethereum-Based Altcoin, Says Crypto Catalyst Coming in Two Weeks 11 / 28 / 2022 Balita ng Ethereum ng Bitcoin The crypto strategist who called the end of last years Bitcoin (BTC) bull market is predicting a surge for an Ethereum-based altcoin. The pseudonymous analyst known in the industry as Pentoshi tells his 657,500 Twitter followers that the technicals and fundamentals are aligning for decentralized oracle network Chainlink (LINK). According to Pentoshi, LINK is showing relative strength with a big fundamental catalyst coming in a few weeks. Source: Pentoshi / Twitter Looking at the analysts chart, he predicts a slight dip to the $6.60 level for LINK before rallying toward his target of $9.63. At time of writing, LINK is switching hands for $6.72, suggesting an upside potential of over 43% for the decentralized oracle. According to a recent Chainlink blog post, beta staking for LINK is slated to go live on the Ethereum (ETH) mainnet on December 6th. Staking allows LINK holders to earn rewards for helping to increase the security of Chainlinks oracle services. Holders will have to commit their Chainlink tokens in smart contract to participate, thereby reducing the supply of LINK available for sale. Although Pentoshi is bullish