Chainlink (LINK) Ends January Up 23%: Is $35 on the Horizon?
Chainlink (LINK) had a slow start to 2025, which is impacting price predictions for the asset this year. Investors are still mostly bullish on LINK, however, and several analysts are noting indicators of a bullish rally coming. Chainlink ended January up 15%, reversing a downward start to the month. Now, February could see plenty of green around the altcoin. In the near term, there is plenty of optimism for LINK. One analyst went to Binance to reveal how a “massive rally” around the token is in the cards. Realmabbaskhan on Binance Square says that now may be the best time to pay attention to Chainlink and potentially invest. “Looking at the 4-hour chart, LINK is showing strong bullish momentum, and the next big move could take prices well above $30,” the analyst says. The trader notes that the asset is putting up good signals. “The price is trading above both the 20 EMA (24.271) and 200 EMA (23.377). Every time LINK has reclaimed the 200 EMA in the past, we...