LINK, SUI, ARB, and ATOM Price Predictions: What’s Next for the Tokens?
Coin Edition
Published Jan 22, 2024 14:12
LINK, SUI, ARB, and ATOM Price Predictions: What’s Next for the Tokens?
Coin Edition -
- If LINK accumulation increases, the price could double in a few months.
- SUI could fall under $1 while ARB entries could be between $1.40 and $1.85.
- ATOM might break out to $26 if it holds the $7.50 to $9.00 range.
Crypto analyst Michaël van de Poppe posted his predictions about some cryptocurrencies, including Chainlink (LINK), Sui Network (SUI), Arbitrum (ARB), and Cosmos (ATOM).
For LINK, van de Poppe noted that the token could continue its uptrend in the coming months. He also mentioned that the price could hit as high as $25 to $30.
Coin Editon considered the ATOM/USD 4-hour chart and observed that there were attempts to rise to $10. However, the resistance at $9.95 ensured that the efforts were rejected.
ATOM had also dropped below the $9.55 support, confirming that the price action was weak. Furthermore, signals from the Aroon indicator showed that the price could still decrease.
This was because the Aroon Down (blue) was 100% while the Aroon Up (orange) was 50%. A situation like this infers that sellers are aggressive compared to buyers.
ATOM/USD 4-Hour Chart (Source: TradingView)
However, there is a chance that sellers might get exhausted. When this happens, bulls might capitalize on the opportunity and probably send ATOM in the $22 direction.
The post LINK, SUI, ARB, and ATOM Price Predictions: What’s Next for the Tokens? appeared first on Coin Edition.
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