Jacob’s Bullish Predictions for Ethereum, Solana, and Chainlink

Ethereum: Holding Above $2400 Could Be the Turning Point

• Ethereum’s price is holding above the significant $2400 level, potentially indicating a bullish trend.
• A move to $2500 and above is possible if ETH can maintain its position.
• Bearish trend formation suggests a potential downside move.
• Recent developments, such as Solana’s outage and the Godaddy-ENS partnership, could provide positive momentum for ETH.

Solana: Further Upside Potential

• Jacob predicts further upside movement for Solana (SOL).
• Oscillator movement suggests a bullish formation for SOL.
• SOL’s resilience during the recent network outage is impressive.
• Increased activity on the Solana network may have contributed to the outage.
• Network congestion is seen as a positive sign of active projects.

Chainlink: Potential to Reach $20

• Jacob expresses bullish sentiment for Chainlink (LINK).
• LINK has the potential to reach $20 relatively easily.
• Caution is advised due to the possibility of a retracement before further gains.
• LINK has experienced a slight dip in the last 24 hours.