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November 9, 2023

Promising Growth: Vulcan Forged (PYR) and Chainlink (LINK) Show Potential for Further Surge

Ethan Lim
Written byEthan LimWriter
Researched byNikos PapadopoulosResearcher

Introduction

A popular crypto analyst is optimistic about the future of Vulcan Forged (PYR) and Chainlink (LINK), two altcoins that have shown significant growth recently.

Promising Growth: Vulcan Forged (PYR) and Chainlink (LINK) Show Potential for Further Surge

Vulcan Forged (PYR)

The gaming studio and NFT marketplace platform Vulcan Forged (PYR) has experienced a remarkable surge in value, doubling in just a few weeks. This upward trend is expected to continue, as PYR has broken out of a long-term trading range, similar to what Chainlink (LINK) has done in the past. The current price of PYR is $5.86, after reaching a high of $6.39.

Chainlink (LINK)

Chainlink (LINK) remains a promising investment, with the price staying above key exponential moving averages (EMAs) on the weekly chart. The analyst predicts that LINK will reach $20, representing a 36% increase from its current value. The chart indicates that the next significant resistance level for LINK is at $18.80. At the time of writing, LINK is trading at $14.73, showing a 5.6% increase in the last 24 hours.

Conclusion

Based on the analysis, both Vulcan Forged (PYR) and Chainlink (LINK) have strong potential for further growth. Investors may consider these altcoins as part of their investment strategy.

About the author
Ethan Lim
Ethan Lim
About

Ethan Lim, a native of the Lion City, is Singapore’s rising star in the domain of online casino guide localization. He masterfully blends his intimate knowledge of local culture with international gaming standards to produce content that resonates deeply with Singaporeans.

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