TLDR:
Crypto strategist Kevin Svenson has predicted a price bump after Bitcoin formed a bullish reversal pattern.
Another crypto analyst has predicted a Chainlink rally to $25.
NuggetRush is set to revolutionize the GameFi space with its mining game.
The cryptocurrency market has stabilized after recording a very steep double-digit correction. In the midst of the correction, Kevin Svenson has spotted a bullish reversal pattern that could see Bitcoin’s price experience a major bump. Meanwhile, Immortal has predicted a Chainlink rally to $25.00.
In other news, a new DeFi project has arisen called NuggetRush. Its goal is to revolutionize the GameFi sector with its innovative mining game, offering exciting rewards for investors and gamers alike.
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NuggetRush (NUGX) Prepares To Transform the GameFi Sector
NuggetRush (NUGX) wants to revolutionize the GameFi sector by merging play-to-earn gaming with top-earning opportunities. NuggetRush has become a top ICO, with investors contributing over $3.3 million for the achievement of its novel purpose. It allures gamers to a one-of-a-kind gold rush experience where players can make money by developing their own mining operations.
Here, the player will embark on a journey of discovering the virtual world while finding gold and precious treasures. In NuggetRush, popular NFTs are added as playable characters, among which are the likes of Liam, Isabella, Maxwell, Olivia, and Mark. The characters in the game bring some kind of power or skill to the table, making the gameplay more compelling.
NuggetRush still prioritizes two main areas: entertainment and as well as helping real artisanal miners, which are in less developed countries. In-game assets can also be staked by players for payouts, with possible APYs of up to 20%. Its trending NFTs, earning potential, and social responsibility make it one of the greatest new gaming tokens in the gaming industry.
NuggetRush is at the last round of its cryptocurrency ICO and is currently valued at $0.019, but not for long. Its price will soon increase to $0.020 after it is listed on exchanges. Analysts are forecasting more gains of 50x following this launch, making NuggetRush a good altcoin to watch.
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Kevin Svenson Predicts a Bullish Bitcoin (BTC) Reversal
After Bitcoin (BTC) rallied above $73,800 for a new all-time high, its price suffered a major correction, dropping as low as $61,400. Since then, Bitcoin has been on a recovery journey, recovering above the $67,500 level.
Amidst the ongoing price recovery, crypto analyst Kevin Svenson has spotted a bullish reversal pattern for the leading crypto. In a video, he explained that BTC had formed an inverse head and shoulders on the 4H chart.
He also noted that MACD histograms are also showing positive momentum returning to the market. He places Bitcoin as a top crypto to buy, as the bullish reversal pattern has a target at $76,000, a potential new ATH.
Chainlink (LINK) Could Soar To $25, Inmortal Predicts
The pseudo-anonymous crypto analyst Inmortal, has identified Chainlink (LINK) as one of the most bullish altcoins in the coming market recovery. Chainlink’s recent drop, as low as $17.00, meets the requirement as predicted by Inmortal for the leg up.
If Chainlink follows the predictions of the crypto analysts, then the altcoin price could rally above the $25.00 level before the end of April. From its current range at $18.00, this makes Chainlink one of the best altcoins to buy ahead of the crypto market recovery.
In Conclusion
With bullish momentum returning to the market, Chainlink and Bitcoin could be the best cryptos to buy now. However, savvy investors have identified NuggetRush as an altcoin that could provide more returns and a future-proof investment.
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