November 9, 2023
A popular crypto analyst is optimistic about the future of Vulcan Forged (PYR) and Chainlink (LINK), two altcoins that have shown significant growth recently.
The gaming studio and NFT marketplace platform Vulcan Forged (PYR) has experienced a remarkable surge in value, doubling in just a few weeks. This upward trend is expected to continue, as PYR has broken out of a long-term trading range, similar to what Chainlink (LINK) has done in the past. The current price of PYR is $5.86, after reaching a high of $6.39.
Chainlink (LINK) remains a promising investment, with the price staying above key exponential moving averages (EMAs) on the weekly chart. The analyst predicts that LINK will reach $20, representing a 36% increase from its current value. The chart indicates that the next significant resistance level for LINK is at $18.80. At the time of writing, LINK is trading at $14.73, showing a 5.6% increase in the last 24 hours.
Based on the analysis, both Vulcan Forged (PYR) and Chainlink (LINK) have strong potential for further growth. Investors may consider these altcoins as part of their investment strategy.
Ethan Williams, a lively 24-year-old lad from the UK, brilliantly fuses his passion for online casinos with top-notch English localisation, creating bespoke casino guides for Britain's keen gaming lot.