The cryptocurrency market has been consolidating over the past day, and no major gains have been made. However, LINK (LN) defied the odds and gained 8.3% in the last 24 hours. The token outperformed most tokens on the market during this time.

LN price prediction

The broader cryptocurrency market is bearish today, but LN broke away from this and made a standalone rally. All of the top 10 cryptocurrencies are trading in the red today, and the total cryptocurrency market cap is down 0.2%, to $824 billion.

LN reported a significant rise in volatility in the past 24 hours, with the token trading in a range of $19.67 and $21.92. At the time of writing, LN is trading at $21.45 and the intense buying pressure shows the token’s upside potential.

LN reported trading volumes of $1.13M over the past day, which is healthy volumes, given that many traders choose to stay out of the market due to fear and uncertainty. After recent gains, LN’s market capitalization is now around $143 million, making it one of the undervalued cryptocurrencies.

LN’s recent gains can be attributed to the exhaustion of the downtrend. The token has fallen by 87% over the past year. If the bulls get stronger and maintain the bullish trend, LN is likely to continue higher and possibly target $22. This could lead to a rally beyond $24.

On the other hand, the lack of market support could lead to a downtrend that would push LN down, and the coin could test the levels below $20. The bullish hypothesis will be invalidated if LN falls below $18.

LN price chart

The technical analysis of LN is showing a strong bullish trend. The coin has an RSI of 66, which indicates that buyers are currently in control of the market, which indicates that more gains may be on the way.

The movement of the Moving Average Convergence Divergence (MACD) line also indicates an uptrend. While these metrics indicate that the token could continue to rise in the short term, they also point to a possible reversal on the way.

Altcoin alternatives to buy for 10x gains

With the LN indicating an uptrend, cryptocurrency traders are looking to diversify their portfolio, with some of the best pre-selling occurring today. Some of the coins that can generate 10x gains are Dash 2 Trade and FightOut.

Dash 2 Trading

the Dash 2 Trading The pre-sale is getting a lot of attention due to the strong fundamentals of the project. Dash 2 Trade is a crypto trading platform that gives traders access to data, analytics, social trading, and on-chain strategy building tools to help them make informed decisions.

The Dash 2 Trade pre-sale is in the final stage, and there are only seven days left before the pre-sale closes. The prequel has already raised over $11.5 million. After the pre-sale closes, D2T will have its first CEX listing on January 11, 2023.

Fight

the Fight The pre-sale is also a quick sale. Cryptocurrency investors looking to invest in the go-to-profit platform choose FightOut due to its unique offering. Unlike other M2E platforms, FightOut offers a holistic approach to fitness. It also doesn’t need expensive NFTs for people to share.

The FightOut pre-sale is still in the early stages, but the tokens are selling out quickly as early investors take advantage of the 50% bonus. The pre-show raised over $2.4 million.

Related

FightOut (FGHT) – the latest money-making project

• CertiK is audited and CoinSniper KYC verified
• The early stage pre-sale is now live
• Earn free crypto and learn about your fitness goals
• LBank Labs project
• Partnership with Transac Block Media
• Staking bonuses and rewards