Bitrabo Editorial
Renowned cryptocurrency expert, Michael van de Poppe, has projected a significant uptrend for Chainlink (LINK) and advises investors to retain their holdings amidst market turbulence.
Expert Advises Against Premature Selling
In a recent post on X (formerly Twitter), Poppe shared a detailed LINK/BTC price analysis spanning from 2018 to 2025. By examining the cryptocurrency’s historical price behavior during previous market cycles, Poppe suggested that Chainlink is currently undergoing a reevaluation phase at its low point, potentially leading to a price surge. The expert warns that initiating sell-offs at this stage may result in missed profit opportunities when the market recovers from its temporary slump.
Analyzed in the price chart is a critical resistance level at $0.0004480 that could trigger a substantial upward breakout. Furthermore, the LINK/BTC ratio might indicate a trend reversal at $0.0006721 by forming “higher lows and higher highs.”
In a positive forecast, Poppe previously stated that Chainlink was nearing its “bottom,” likely touching new lows around 2,000 Satoshis (SATs) before an upward spike. He highlighted this phase as an ideal buying opportunity, mentioning his personal investments in Chainlink.
Currently, Chainlink’s price has decreased by 3.54% in the last 24 hours, trading at $14.5%, as reported by CoinMarketCap. Despite the recent decline, the cryptocurrency has maintained stability, showing a 6.28% weekly increase and a remarkable 75.15% surge in its 24-hour trading volume.
Chainlink Leads in Real World Assets Development
Chainlink has taken the top spot in Real World Assets (RWA) development activities. Data from market analysis platform Santiment indicates that Chainlink leads the RWA sector with activities 2.49 times higher than the next project, Synthetix (SNX).
The assessment, conducted on GitHub, a software development platform, ranks Chainlink based on non-redundant activities and average daily engagement over the past month. This recognition reinforces Chainlink’s active developer community and the project’s ongoing innovation efforts.