While the conflicts and uncertainties experienced in global markets have eased recently, cryptocurrency markets have not fully regained their previous volatility. Especially popular altcoins like LINK, ADA, and PEPE continue to be the focus of interest for investors and market experts.
New Horizons in LINK Coin
Chainlink (LINK) is one of the leading cryptocurrencies that draws attention with its innovative projects. Thanks to the collaboration with Mastercard, it is expected that billions of users will have easier access to cryptocurrencies. Such partnerships are attracting great interest in the sector as they bridge traditional finance and blockchain technology.
Moreover, Chainlink has introduced a new product named CCIP, which connects JPMorgan's closed network to the public blockchain. This step is considered an important development in increasing partnerships with major financial institutions.
Although analysts do not expect a rapid rise in LINK price in the short term, they predict it will remain strong in the market in the long term due to the benefits it offers. Recently, LINK price rose to $13.3. If the price closes daily above this level, the next resistance points will be tracked at $15.29 and $17.5. Additionally, resistance levels of $19.40 and $26 are also on the radar of investors. If sufficient momentum is achieved, new peaks in the range of $30-50 may be seen within the year.
Expectations for an Increase in ADA and PEPE Coin
Cardano (ADA) is back in the spotlight with expectations for upcoming ETF approval. Despite recent price declines, the $0.54 level is being maintained as strong support. Analysts believe that the rise starting from this level will accelerate with the regaining of $0.63. Bitcoin's strength is also seen as a positive sign for ADA.
There is a new peak expectation for ADA in July. If Bitcoin maintains its upward trend until June 27, it is possible for ADA to reach $0.9 and start a new rally. Additionally, the economic data to be announced on Friday may have a positive effect on the markets if it comes in lower than expected.
PEPE Coin is also attracting attention due to the volatility in Ethereum. Analysts state that if the PEPE Coin price stays above $0.0000093 and regains the $0.0000106 level, the price could rise to $0.0000122. In this process, if Ethereum reaches a price level above $2,750, it could increase interest in PEPE Coin.
General Assessment
While the volatility in cryptocurrency markets continues, the specified technical levels for LINK, ADA, and PEPE indicate that the market is maintaining its dynamic course. Announcements of collaboration among experts and industry players are increasing expectations in the market while inviting investors to be cautious.
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