What are the 2025 targets for LINK, Solana, and Ethereum? Which levels are technical analysts expecting in the short term? Here are detailed technical analyses and insights…
Expert analyst Bluntz says LINK is ready to rise.
Well-known crypto investor Bluntz shares with his followers that a popular utility altcoin is poised for a rally. The analyst states that Chainlink (LINK) has formed a bullish reversal pattern on the hourly chart, reminiscent of Bitcoin’s move in 2019 when BTC broke resistance at $4,220. Bluntz commented, “These bottom structures are among my favorites to trade. Using BTC’s 2019 bottom as a reference.”
Bluntz goes on to say that LINK might have created an Adam and Eve reversal pattern, which typically signals an asset breaking through horizontal resistance after forming a bottom.
At the time of writing, LINK is trading at $24.44, down by 4.7% in the past 24 hours. Bluntz recently mentioned that the decentralized finance (DeFi) sector has been “de-risked” following news that US president-elect Donald Trump’s affiliated crypto project has accumulated tokens like LINK.
Bluntz added, “The president is collecting DeFi coins and starting his own DeFi company. I think it’s safe to assume DeFi is now de-risked and could repeat the success of 2021.”
Henrik Zeberg’s Striking Solana Prediction
Economist Henrik Zeberg is predicting a bullish outlook for one of Ethereum’s (ETH) competitors. The analyst foresees a major breakout in the broader altcoin market. Zeberg stated on social media that Solana (SOL) may surge quickly after a correction. The analyst is using the Elliott Wave theory to forecast a massive rally for Solana. This theory suggests that an asset typically experiences a five-wave rally, with wave three being the longest and strongest. Zeberg explained:
“Altcoin season has begun and is now entering its most explosive phase. Solana led after a strong second-wave pullback. It is expected to now initiate its most powerful move towards the final target.”
At the time of writing, Solana is trading at $196, down 5.5% in the last 7 days. Zeberg also believes that altcoins will start outperforming Bitcoin (BTC) in this market cycle.
Analysts Spot Green Signals in XRP Chart
Finally, popular crypto trader CredibleCrypto is optimistic about XRP’s future. The analyst tells his followers that XRP “looks absolutely fantastic” compared to Bitcoin (BTC). CredibleCrypto also stated that he plans to take a long position in the coming days. Based on the analyst’s hourly chart, it appears that XRP may first experience a downward move before soaring by at least 65%.
Furthermore, the analyst believes that XRP has formed an inverse head-and-shoulders pattern, which is considered a bullish signal in technical analysis.
Next on the list is Ethereum (ETH). CredibleCrypto predicts ETH will trade between $3,000 and $3,800 before finding a bottom at around $2,800. Based on the 12-hour chart, the analyst suggests that Ethereum could then rally to a new all-time high above $6,000.
