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

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.”

Source: Michaël van de Poppe/X

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.”

Source: Michaël van de Poppe/X

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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