Trader Says Chainlink (LINK) Could Explode by 169%, Updates Outlook on Sui – Crypto News

The widely followed trader and analyst Michaël van de Poppe is highlighting one crypto project in the Ethereum (ETH) ecosystem whose token he believes could go up by triple-digit percentage points.

Van de Poppe tells his 773,600 followers on the social media platform X that blockchain oracle Chainlink (LINK) appears bullish against Bitcoin (BTC) and could double in price.

According to the widely followed analyst, the Chainlink/US dollar pair could subsequently appreciate by around 169% from the current level.

“LINK forms a higher low, which indicates that we’re likely into a new uptrend.

My first target is around 2x in BTC value, which should equal around $40 – $50.”

LINK is trading at $18.60 at time of writing.

Next up is the native token of the layer-one blockchain project Sui (SUI). The widely followed analyst says Sui could go up by around 61% from the current level after bouncing off a major support zone.

“SUI is an example of what the markets are likely going to do.

It had a high-time frame support test of the order block around $2.50.

Massive interest and price jumped up pretty quickly, to be followed with a strong green weekly candle.

I think that we’ll see a new high on this soon.”

SUI is trading at $3.32 at time of writing, down by approximately 38% from the all-time high of $5.35.

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