News

November 9, 2023

Promising Growth: Vulcan Forged (PYR) and Chainlink (LINK) Show Potential for Further Surge

Thando Dlamini
Written byThando DlaminiWriter
Researched byNikos PapadopoulosResearcher

Introduction

A popular crypto analyst is optimistic about the future of Vulcan Forged (PYR) and Chainlink (LINK), two altcoins that have shown significant growth recently.

Promising Growth: Vulcan Forged (PYR) and Chainlink (LINK) Show Potential for Further Surge

Vulcan Forged (PYR)

The gaming studio and NFT marketplace platform Vulcan Forged (PYR) has experienced a remarkable surge in value, doubling in just a few weeks. This upward trend is expected to continue, as PYR has broken out of a long-term trading range, similar to what Chainlink (LINK) has done in the past. The current price of PYR is $5.86, after reaching a high of $6.39.

Chainlink (LINK)

Chainlink (LINK) remains a promising investment, with the price staying above key exponential moving averages (EMAs) on the weekly chart. The analyst predicts that LINK will reach $20, representing a 36% increase from its current value. The chart indicates that the next significant resistance level for LINK is at $18.80. At the time of writing, LINK is trading at $14.73, showing a 5.6% increase in the last 24 hours.

Conclusion

Based on the analysis, both Vulcan Forged (PYR) and Chainlink (LINK) have strong potential for further growth. Investors may consider these altcoins as part of their investment strategy.

About the author
Thando Dlamini
Thando Dlamini
About

Thando Dlamini, a vivacious 22-year-old from South Africa, seamlessly blends her love for the vibrant world of online casinos with her meticulous localization skills, making the digital gaming experience truly South African.

Send mail
More posts by Thando Dlamini

Latest news

Shibarium: Thriving Community, Impressive Growth, and Increased SHIB Burn Rate
2024-02-16

Shibarium: Thriving Community, Impressive Growth, and Increased SHIB Burn Rate

News