ChainLink Rally Update - BTC squeeze and DreamForce
My prediction from 4. august was close to spot on. The strong crash of BTC 1.97% and all the alts also dragged LINK a bit lower than in my prediction. The outbreak and consolidation was spot on and rally will go on for the next weeks.
We hit a high of 4860 Sat and touched the short term support again. We got another bullish partnership announcement with OpenLaw which got retweeted from Joseph Lubin, founder and CEO 0.53% from ConsenSys, Co-Founder of Ethereum 0.84% . As top gainer in the last days, ChainLink got a lot of awareness.
As I expected, with the listing of the marketing director we saw first announcements from the partner themselves. I expect more big partnerships announcements about one every week from now on. ChainLink is popular from the business side and people get to know it. There is some real fomo going on. LINK already went from top 120 to top 64. I expect at least top 35 till DreamForce. The is a lot of speculation about ChainLink dropping news like Mainnet release date at DreamForce or SalesForce itself announcing collaboration with LINK. DreamForce is a pioneers of tech and the fastest to adopt new tech, wrap it in a product and market it.
Till now, LINK is resistant to the bearmarket. As one of the only projects of the top 100. This is a really bullish sign. Don't even think about selling LINK here yet. Volume is rising week for week. Announcements are coming in and we dont know when and how big the next one will be. My guess: DocuSign 3.05%
Action to take:
Buy and hold.
Good luck
We hit a high of 4860 Sat and touched the short term support again. We got another bullish partnership announcement with OpenLaw which got retweeted from Joseph Lubin, founder and CEO 0.53% from ConsenSys, Co-Founder of Ethereum 0.84% . As top gainer in the last days, ChainLink got a lot of awareness.
As I expected, with the listing of the marketing director we saw first announcements from the partner themselves. I expect more big partnerships announcements about one every week from now on. ChainLink is popular from the business side and people get to know it. There is some real fomo going on. LINK already went from top 120 to top 64. I expect at least top 35 till DreamForce. The is a lot of speculation about ChainLink dropping news like Mainnet release date at DreamForce or SalesForce itself announcing collaboration with LINK. DreamForce is a pioneers of tech and the fastest to adopt new tech, wrap it in a product and market it.
Till now, LINK is resistant to the bearmarket. As one of the only projects of the top 100. This is a really bullish sign. Don't even think about selling LINK here yet. Volume is rising week for week. Announcements are coming in and we dont know when and how big the next one will be. My guess: DocuSign 3.05%
Action to take:
Buy and hold.
Good luck