November 6, 2023
A crypto analyst known as The Flow Horse believes that two altcoins, Chainlink (LINK) and Solana (SOL), are still in the early stages of their bull runs and predicts further rallies for them.
The analyst dismisses concerns about missing the opportunity to invest in Chainlink, stating that the current price range of $11.00 to $8.50 will seem insignificant in the future as the crypto market continues to grow.
The analyst suggests that Solana, a competitor to Ethereum (ETH), has the potential to double in price. Despite being 30 times smaller in market cap than Ethereum, the analyst believes that even a slight closing of this gap could lead to a significant increase in Solana's value.
The analyst compares Bitcoin's current breakout to the one in 2021 and suggests that the top cryptocurrency could reach the $40,000 range. The analyst advises investors to take their time and not rush into buying, as there may still be opportunities to get involved between the current price range and $31,000.
The crypto analyst predicts further rallies for Chainlink, Solana, and Bitcoin. Investors are encouraged to stay informed and consider these altcoins as potential investment opportunities.