In a world where people predict a $25,000 Ether and $300,000+ Bitcoin there exists a $985 Chainlink. This price per Link would give it a market cap of around 450 billion. I arrived at this number by creating a channel for link and plotting some major lines of support and resistance. I took a fractal from late April/early Mary of 2019 which looks very similar to where we are now and it puts Link at about $223 by the beginning of December. A continuation to the top of the channel would put Link at $985 by Christmas Day.
I am not holding my breath for a $985 Link this year but I think that taking into account diminishing returns a $200-300 Link top by end of year is completely reasonable.
Really the main idea I wanted share here is the similarity of where we are at in comparison to late April 2019.
I am not holding my breath for a $985 Link this year but I think that taking into account diminishing returns a $200-300 Link top by end of year is completely reasonable.
Really the main idea I wanted share here is the similarity of where we are at in comparison to late April 2019.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.