{"id":33746,"date":"2022-10-31T22:34:46","date_gmt":"2022-10-31T22:34:46","guid":{"rendered":"http:\/\/egrowonline.com\/?p=33746"},"modified":"2022-10-31T22:34:46","modified_gmt":"2022-10-31T22:34:46","slug":"here-are-the-levels-to-watch-for-chainlink-and-ethereum-price","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=33746","title":{"rendered":"Here Are The Levels To Watch For Chainlink And Ethereum Price"},"content":{"rendered":"


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While the majority of the day was bearish for the crypto space, it is now flashing green and the market cap has risen by 0.62% and Bitcoin<\/a> is up by 0.29% as well. As expected, Ethereum and other altcoins like BNB, Solana, and Chainlink<\/a> are enjoying the bullish momentum too.\u00a0<\/p>\n

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Among these large-cap cryptocurrencies, Chainlink is the one that is leading the top gainers\u2019 list. At the time of reporting, Chainlink is trading at $8.16 with a surge of 7.63 over the last 24hrs.<\/p>\n

A closely followed crypto analyst, anonymously known as Pentoshi, has put forward his bullish stance towards the asset to his 640,900 followers on Twitter. He says that, on a higher timeframe, Chainlink\u2019s chart is the one that has grabbed most of the attention.\u00a0<\/p>\n

He chooses to discuss Chainlik\u2019s upcoming staking event, which is scheduled for December, and claims that this will act as a catalyst for LINK to hit $12.45.<\/p>\n

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$LINK<\/a>
Imo one of the best looking charts on HTF’s WITH a catalyst coming up in a month (multiple pair confluence)<\/p>\n

While people are quiet on it now. I don’t think that will be the case 3-4 weeks from now <\/p>\n

Timeline 4-5 weeks pic.twitter.com\/kTkmnVzvpX<\/a><\/p>\n

\u2014 Pentoshi 🐧 (@Pentosh1) October 29, 2022<\/a><\/p><\/blockquote><\/div>\n<\/figure>\n

Chainlink is currently hovering around $8 at the moment, and for the asset to reach the analyst\u2019s target, it has to surge by more than 55% from its current price levels.<\/p>\n

Total Market Cap Looks Bullish<\/strong><\/h2>\n

The analyst then discusses the Total Market Cap of Crypto Index and says that it has formed a short-term bottom at the moment. This index excludes Bitcoin and Ethereum and tracks the value of the altcoin market as a whole.\u00a0<\/p>\n

As per Pentoshi, the index is about to make an upward move from $387 billion to nearly $456 billion, which indicates a positive outlook for most of the altcoins.<\/p>\n

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Ethereum (ETH) Price<\/strong><\/h2>\n

Lastly, the analyst provides his insights on Ethereum where he is seen asserting that ETH is about to claim new heights. As per the analyst, the next target for Ethereum is $1,650 and $1,783.<\/p>\n

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At the moment, Ethereum is selling at $1,628 after a rally of 1.88% over the last 24hrs.<\/p>\n<\/div>\n

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Was this writing helpful?<\/h4>\n<\/p>\n<\/div>\n<\/div>\n


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While the majority of the day was bearish for the crypto space, it is now flashing green and the market cap has risen by 0.62% and Bitcoin is up by 0.29% as well. As expected, Ethereum and other altcoins like BNB, Solana, and Chainlink are enjoying the bullish momentum too.\u00a0 Among these large-cap cryptocurrencies, Chainlink […]<\/p>\n","protected":false},"author":1,"featured_media":33747,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[42],"tags":[681,158,977,195,635],"class_list":["post-33746","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins","tag-chainlink","tag-ethereum","tag-levels","tag-price","tag-watch"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2022\/10\/cryptomarket_1_1200x628.webp.webp","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/33746","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=33746"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/33746\/revisions"}],"predecessor-version":[{"id":33748,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/33746\/revisions\/33748"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/33747"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=33746"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=33746"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=33746"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}