Michael van de Poppe predicts a potential 150% rally for LINK.
ZenGate’s integration of Chainlink enhances blockchain-based trade finance.
For Chainlink (LINK), the cryptocurrency market has been quite difficult this month; today, its value fell by more than 4%. With a market cap of $8.13 billion, LINK is one of the top 15 cryptocurrencies, but its price has not been able to surpass its peak of $52.88 yet.
According to CoinMarketCap data as of writing, LINK’s price is about $13.82, down 4.41% from the previous day and 7.37% in the last seven days.
Renowned cryptocurrency expert Michael van de Poppe has forecasted a possible 150% increase for Chainlink in the second part of the year. He pointed out the development of a bullish candle, which denotes a rising trend.
Formation of Bullish Weekly Candle
Van de Poppe mentioned recently in a tweet that traditionally, the bottom of LINK is usually created in May or June. This forecast indicates that the price of LINK may be about to turn
