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.