"Hmm, I know I want to retest, but I think it will take a long time?"
Michael van de Poppe, a leading cryptocurrency analyst recently predicted that Chainlink (LINK) will see the last correction before the price doubles.
According to Poppe to his 668,000 followers on social media platform X, LINK may reach $12 to $15 in 2024, but he believes the price will retest at $7 first.
If LINK manages to break through that level, its price, which is currently trading below $8, could record a profit of about 56% to 95%.
So here it can be seen that altcoins are going to correct prices at any time, however crypto traders will continue to watch the movement of altcoins including LINK which is getting more and more attention.
Additionally, Poppe also said top digital assets such as BTC could break through $30,000 but the price is likely to retest between the $26,700 and $26,900 range, where the digital asset currently stands at $27,666.
It is well known that LINK is a decentralized blockchain oracle network built on top of Ethereum (ETH) that is used to facilitate the transfer of data from off-chain sources to on-chain smart contracts.
As of this writing, LINK price has jumped by 1.71% to $7.73 in the last 24 hours with a market capitalization of $4 billion and is up 0.15% over the last week.
