While the overall crypto market is facing a downward movement, one of the well-known crypto analysts and strategists is forecasting a massive bull run for two of the altcoins.
Michael van de Poppe, the closely followed analyst, starts his analysis with Chainlink (LINK), a decentralized oracle network. As he talks about LINK, he informs his 622,600 followers on Twitter that this decentralized oracle network is expected to spike its bull run by 50%.
If this happens, Chainlink (LINK) will surge to $12, but for this, it has to maintain its price action at around $8.
At the moment, Chainlink is valued at $7.48 after a pullback of 8.04% in the last 24hrs.
Hayalet (FTM)
The next currency that is on the analyst’s radar is Fantom (FTM), a smart contract-enabled blockchain. He predicts Fantom (FTM) to see a leg up between 40% and 50%.
Van de Poppe then explains that while the Ethereum competitor holds on to its key trading levels, there could be a correction of 15% before rallying around 40% to 50%
Currently, Fantom (FTM) is selling at $0.318 after a plunge of 9.50% in the last 24hrs.
The analysis doesn’t end here as Van de Poppe also talks about the Binance exchange’s native coin Binance Coin (BNB).
Binance Coin (BNB)
On the contrary, the analyst predicts Binance Coins to see a pullback from its crucial price range of $300 if the currency fails to maintain $310 support.
Then he further claims that if that happens, Binance Coin’s (BNB) price will trade around $295 mark.
At the moment, Binance Coin (BNB) is trading at $291 with a downward trend of 4.72% in the last 24hrs.
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Source: https://coinpedia.org/altcoin/chainlink-link-binance-bnb-price-to-surge/