Chainlink Price Prediction: LINK at inflection point, 11% upswing likely
Chainlink price is hovering above the $23.71 support level, hinting at a potential rally. A bounce off the said demand barrier might push LINK up by 11% to 26.47. If the $22.06 foothold is breached, it will invalidate the bullish thesis. Chainlink price is hovering above a crucial support level and could witness a minor upswing before a firm directional bias establishes itself.
Another billionaire ramps up crypto investments as Bitcoin gains mainstream acceptance
Billionaire Simon Nixon has decided to increase allocation to cryptocurrencies in his family office, Seek Capital.The firm views the new asset class as an essential part of the future. A Goldman Sachs survey found that nearly 50% of family offices are looking to invest in digital assets.
Terra added on Alto CryptoIRA as LUNA price eyes 30% ascent to reclaim all-time high
Terra price has rallied 10% in its quest to reach its all-time high at $34.78. LUNA becomes one of the 19 cryptocurrencies to be added on Alto Crypto IRA. The ascent to reach an all-time high is sprinkled with $30.55 and $32.35 resistance levels. Terra price performance has been nothing short of impressive in the past couple of weeks. While many cryptocurrencies struggled to reclaim the pre-May 19 crash levels, LUNA set up a new all-time high.
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BTC hits an all-time high above $97,850, inches away from the $100K mark
Bitcoin hit a new all-time high of $97,852 on Thursday, and the technical outlook suggests a possible continuation of the rally to $100,000. BTC futures have surged past the $100,000 price mark on Deribit, and Lookonchain data shows whales are accumulating.
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Shiba Inu trades slightly higher, around $0.000024, on Thursday after declining more than 5% the previous week. SHIB’s on-chain metrics project a bullish outlook as holders accumulate recent dips, and dormant wallets are on the move, all pointing to a recovery in the cards.
Bitcoin: New high of $100K or correction to $78K?
Bitcoin surged to a new all-time high of $93,265 in the first half of the week, followed by a slight decline in the latter half. Reports highlight that Bitcoin’s current level is still not overvalued and could target levels above $100,000 in the coming weeks.
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