Cryptocurrencies Price Prediction: Ethereum, Chainlink & Cryptos — Asian Wrap 24 November
|Ethereum price reclaims $2,000, but it will likely fail to breach a seven-month-old barrier
Ethereum price is back to trading above one of the most important psychological support levels, but it seems like this rally might not stick this time around either. The altcoin leader is facing resistance on the one hand and a lack of support from the investors on the other, making it rather difficult to break this seven-month-old curse.
Chainlink price decline to extend further following profit booking; $500 million LINK close to break-even
Chainlink price has wiped a sizeable chunk of the rally noted by the altcoin since the beginning of the month. The next leg of the price action is likely going to continue this decline as investors are more prone to booking profits now than ever, which could lead to further drawdown.
Here’s why this Thanksgiving day, crypto investors should be thankful for Artificial Intelligence
Cryptocurrencies are prone to external influence and being impacted by trends in the market. But while some may not be for the best, i.e., meme coins, some tend to push the market only forward, and one such trend was Artificial Intelligence.
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