The rise of LINK Coin will begin with the recovery of $15.
XRP Coin is in the spotlight with rising expectations in futures trading. Poppe recalls how $87,000 was surpassed, stating that current levels will also be left behind. While volatility persists in cryptocurrencies, a slight decline was observed on Sunday. At the time of writing, Bitcoin's price was $95,900. Analysts highlight critical price levels while updating their predictions for Bitcoin, XRP, and LINK Coin. So, what awaits investors?
XRP Coin is in a strong position
XRP Coin is in a strong position with the increasing likelihood of ETF approval and the introduction of CME options on May 19th. Trading near the support level of $2.20, XRP is performing better compared to other altcoins. Ali Martinez drew attention to the dominant bullish expectations in futures trading and shared this chart: “71.54% of open XRP positions on Binance Futures are bullish!”
Critical Level of $15 for Chainlink (LINK)
Chainlink (LINK) is one of the bright future crypto assets like XRP Coin. However, LINK has been struggling to stay below $20 for a long time and has not yet caught the wind at its back. Martinez marks the $15 level as a critical upward point for LINK. If it exceeds this level, a significant increase in LINK is expected.
Artificial Intelligence Altcoins and Meme Coins are Shining
Bitcoin, meme coins, and artificial intelligence altcoins were among the best performers in last month's turnaround. This week, it is noted that AI CEOs will speak in parliament, indicating that there may be increased activity in artificial intelligence altcoins. DaanCrypto made this observation through market-based assessment: “Last month's sector-based crypto performance kept memecoins and AI coins in the foreground. Bitcoin, memecoins, and AI coins led this jump. However, it is unclear how this separation will continue in the long term. Nevertheless, the topic of artificial intelligence will continue to be a hot agenda item, and developments in this area may increase market momentum.”
Poppe draws attention to the new ATH for Bitcoin
Poppe emphasizes the importance of overcoming the resistance of $87,000 for Bitcoin, highlighting: “Let’s remember an important level Bitcoin needs to surpass: $87,000. It succeeded and continued to rise. It returned to the range above $92,000. This indicates that any decline creates a good opportunity towards a new ATH.”
These developments in the cryptocurrency market present significant opportunities and potential risks for investors.
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