"Trader Warns of 50% Crash for Ethereum-Based Altcoin, Updates Bitcoin and Optimism Outlook"
TL;DR
Crypto analyst Ali Martinez warns that Chainlink (LINK) could experience a significant correction of up to 50% as whale transactions decline, indicating a lack of trading interest. He also suggests that Bitcoin (BTC) may decline 10% if it loses a key support level, while Ethereum (ETH) layer-2 blockchain Optimism (OP) is showing a bearish flag pattern, potentially leading to a continued move to the downside.
- Trader Says Ethereum-Based Altcoin Could Crash by Up to 50%, Updates Outlook on Bitcoin (BTC) and Optimism (OP) The Daily Hodl
- Cryptocurrencies Price Prediction: Chainlink, Uniswap & Bitcoin — Asian Wrap 31 August FXStreet
- Chainlink (LINK) Falters, Hedera (HBAR) Wobbles, Yet VC Spectra (SPCT) Stands Tall! Analytics Insight
- Correct: Chainlink price set for further falls after 5% drop FXStreet
- View Full Coverage on Google News
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