• If LINK accumulates extra, the value might double in a number of months.
• SUI might fall beneath $1, whereas ARB entries may very well be between $1.40 and $1.85.
• If ATOM maintains the vary between $7.50 and $9.00, a breakout to $26 is feasible.

Crypto analyst Michael van de Poppe posted predictions for a number of cryptocurrencies, together with Chainlink (LINK), SuiNetwork (SUI), Arbitrum (ARB), and Cosmos (ATOM).

Concerning Hyperlink, Van de Poppe famous that the token might proceed its upward pattern within the coming months. He additionally mentioned the value might attain $25 to $30.

LINK’s potential stays bullish

On the time of writing, LINK's value was $15.20. Which means if it reaches $30, the cryptocurrency's value might practically double inside a number of months.

Wanting on the 4-hour chart, we are able to see that LINK's volatility has spiked over the previous few days. Nevertheless, indicators from the Bollinger Bands (BB) confirmed that volatility was reducing. In a really bullish case, LINK might attain $16.50 within the close to time period.

Nevertheless, if promoting stress will increase, the value might return to $14.45. In the meantime, the buildup/distribution (A/D) index was 114.62 million.

A/D’s evaluation confirmed that greater than 2 million LINK tokens have been amassed since January 1st. If accumulation continues to outpace distribution, LINK might breakout and head in direction of $25.

SUI sub $1 may very well be a steal

Analysts mentioned the SUI might fall beneath $1 because of a correction. However he mentioned costs might rise a lot later. Due to this fact, market members ought to contemplate shopping for on the spur of the second.

SUI has made an 8.24% correction previously 24 hours, dropping the value to $1.02. On January fifteenth, SUI reached a brand new excessive of $1.43.

Nevertheless, this spike led to token holders taking income and the RSI was at 33.40. RSI readings recommend that bearish momentum is powerful. Nevertheless, if the studying falls beneath 30.00, SUI will likely be overbought.

On this case, the value might reverse and rise. Additionally, if the purchase bid will increase, the 1.618 Fibonacci degree signifies that SUI might attain his $1.69 degree.

ARB receives deeper fixes

Talking about ARB, van de Poppe famous that the token is present process needed corrections. Nevertheless, on a optimistic be aware, he added {that a} rise to $3 could also be inevitable. Due to this fact, merchants ought to anticipate an entry round $1.40 to $1.85.

From the 4-hour chart, the 9-day EMA (blue) was $1.80. In the meantime, the 20-day EMA (yellow) was $1.83. Since ARB is beneath each EMAs, it implies that the value can proceed to fall.

As Van de Poppe identified, ARB might fall to $1.40. Within the meantime, market gamers have to keep watch over the $1.65 space, which is able to doubtless be the important thing focal point.

Atom is $26?

Analysts say ATOM is lagging behind. Nevertheless, he additionally famous that if the value stays beneath $7.50 and $9.00, it might rise to $22 to $26.

Coin Editon reviewed the 4-hour chart of ATOM/USD and noticed that there’s an try to maneuver as much as $10. Nevertheless, resistance at $9.95 ensured this effort was rejected.

ATOM additionally fell beneath the help at $9.55, confirming the weak spot within the value motion. Furthermore, the sign from the Aroon indicator indicated that the value might nonetheless fall.

It’s because Aroon Down (Blue) is 100%, whereas Aroon Up (Orange) is 50%. This example means that sellers are extra aggressive than patrons.

Nevertheless, there’s a chance that the vendor will grow to be exhausted. If this occurs, the bulls might reap the benefits of this chance and presumably ship ATOM in direction of $22.