Assalam-O-Alaikum STEEMIT

Hello and welcome to my friends and all the STEEMIT community members. I hope you all are doing fine. I am glad that you make time for reading my post. So let get started with my Monday Crypto post, I will discuss somethings about ChainLink. Do support me thankyou. I also used the tag #club5050

INTRODUCTION

Chainlink is Created by Sergey Nazarov, Its was founded in 2017 and has a very bright future. ChainLink is built upon Ethereum Blockchain. its rank is 14, Its current price is 31.99$, Its Total Market 14 Billion, Its Current Circulating Supply is 461,009,553.92. It is an ERC677 token. ChainLink is very good for holding as it has a very bright future and a lot of events of it is coming soon.

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PRICE PREDICTION

CHARTS ANALYSIS

As you can see in the chart below, an ascending triangle is formed. The breakout has been done and the restest has also been done. The breakout of ascending triangle means that there will be a bullish movement in the price action.

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Also, there is a formation of a cup and handle. If there is a breakout and a retest, then the price will be going bullish. The target will be 51.94USDT.

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FUNDAMENTAL ANALYSIS

These are some events that are gonna happen in the future for ChainLink as of course, it is very good for this coin. The first one is "DEC Explorer Integration", In this event, Decent will enable chainlink users to link their PDV to other blockchains. The second event is "LINK Integration on SOL", this is the most important event as this is gonna launch Solana Network and it is very good news for the ChainLink and its holders as in this case we can see a good pump in the price.

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REVIEW ON MONDAY CYPTO THEME

This theme which is introduced by @steemit-pak is a very good idea, It will help people to know more about CryptoCurrencies and their Analysis and Future Predictions etc. Day by Day more people are taking interest in it. From today onwards I will also be attending this theme every Monday Inshallah

Ok guys that's all for today, hope you will like it and enjoy reading it. Do support me as I am trying to be an active member of this community. Stay safe and stay happy and Remember me in your prayers.
Allah Hafiz.

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