A closely followed crypto analyst believes that rallies are in sight for a couple of altcoins including the native asset of the decentralized oracle network Chainlink (LINK).
Pseudonymous analyst Inmortal tells his 211,300 followers on the social media platform X that he sees LINK rallying close to $26.
But before Chainlink could surge to a level last seen over two years ago, Inmortal sees the altcoin dropping to as low as $15.
“LINK: $15-$17 is a good range to add to spot bags. Quite simple.”
Source: Inmortal/X
At time of writing, Chainlink is trading for $18.30.
Next up, the trader is also bullish on the gaming-focused crypto project Beam (BEAM). Inmortal shares a chart suggesting that BEAM may dip below $0.025 before launching an over 100% surge.
“BEAM: holding a bag from $0.018. $0.027 would be a dream spot to add more.”
Source: Inmortal/X
At time of writing, BEAM is worth $0.032.
The crypto strategist is also keeping a close watch on Dogecoin (DOGE) rival Floki (FLOKI). The trader shares a chart showing how FLOKI is massively outperforming DOGE this cycle.
“FLOKI vs. DOGE.
The chart speaks for itself.”
Source: Inmortal/X
The trader previously predicted that Floki would mirror Dogecoin’s price action during the last bull market and rally to a new all-time high of $0.0018, a rise of about 680% from current levels.
“FLOKI is about to do what DOGE did in 2021.
It’s memecoin season and Floki will be the best performer, in my opinion.”
Source: Inmortal/X
At time of writing, FLOKI is worth $0.00023.
Generated Image: Midjourney
