Chainlink (LINK) has showcased a bullish trend and has had a lucrative year, with a total price upswing of 130%. Many are now curious if the cryptocurrency can keep up with this trend and if it can reach new heights in 2024. Alongside its growth, the Pullix (PLX) crypto has been the go-to option for diversification for traders and investors. We will analyze the on-chart data for both of them to see just how far they can rise.
Chainlink (LINK) Breaks Past $15 – Price to Reach $23.64 by the End of Q4, 2024
Insight from the Moving Average Convergence Divergence (MACD) indicator for the Chainlink (LINK) crypto indicates that the bulls could regain control of its value during the upcoming sessions. This, coupled with the Chainlink crypto’s potential upswing above the 20-day EMA could trigger a future bullish rally.
According to Santiment, the Chainlink price enjoyed a breakout on January 15, 2023, reaching $15.82 for the first time during the span of two weeks. The supply of LINK on exchanges is also below 15% for the first time in four years, and the number of 0 coin wallets is dropping 6%. According to the Chainlink price prediction, it can end in 2024 at a value of $23.64.
Pullix (PLX) Reaches Stage 6 of Presale – Price to Climb 10x at Launch
Pullix (PLX) is an upcoming DeFi project that has benefited from the overall bullish market performance and could soon reach new heights. The platform will introduce the best elements found in both CEXs and DEXs in an all-inclusive platform with zero KYC requirements.
Users will be able to access the lowest fees and gain deep liquidity. As a result, they will be able to trade stocks, forex, ETFs, and commodities freely from a single account.
They also gain the ability to stake their cryptocurrency balance and access liquidity provisions. They can even begin trading perpetual futures, contract for differences (CFDs), and even get access to the secure storage of their cryptocurrencies. There’s even a Copy Trader functionality, where users can copy professionals and increase the performance of their portfolios.
The platform will also feature a dedicated NFT Launchpad and DeFi ecosystem that can provide users with additional investment possibilities. The project is undergoing Stage 6 of its blockchain ICO and could soon reach new heights, at this time it trades at just $0.08. Based on the latest projections made by analysts, the crypto can spike as much as 10x following its launch.
Summary
Chainlink is bullish on the charts, and as a result, its price could soon see a surge above the major $20 price barrier, which can lead to further gains. Yet. The Pullix DeFi project has gained the most attention due to its unique approach and major interest in its presale. As a result, it’s one of the most exciting projects to get into during 2024.
For more information regarding Pullix’s presale see links below:
Visit Pullix
Source: https://blockchainreporter.net/chainlink-link-sees-bullish-on-chart-performance-pullix-plx-projected-to-pass-it-in-growth-following-its-ico-completion/