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Analyst Identifies HBAR, ADA, and LINK for Immediate Price Rally

Published 01/04/2023, 11:59
Updated 01/04/2023, 12:15
Analyst Identifies HBAR, ADA, and LINK for Immediate Price Rally

  • CryptoBusy host has identified three altcoins with unprecedented buy potential.
  • According to Josh, HBAR, ADA, and LINK constitute the hottest coins in the crypto market.
  • The crypto market has gained about 0.2% overall as of analysis time.

A channel host on CryptoBusy, Josh has identified three altcoins with unprecedented buy potential under the current market conditions. According to the crypto analyst, Hedera (HBAR), Cardano (ADA), and Chainlink (LINK) constitute the hottest coins that are “screaming buys” right now.

In a recent YouTube video, Josh noted that the three coins are the major gainers in the crypto market that have gained about 0.2% overall as of analysis time.

The first pick by Josh is HBAR, the native coin for the Hedera blockchain. According to its developers, Hedera is an enterprise-grade public network for the decentralized economy. It is a network for individuals and businesses to create powerful decentralized applications (DApps).

According to Josh, HBAR is one of the coins with great potential after falling from an all-time high (ATH) of $0.5839 to a current price of $0.0718. The drawdown represents a drop of over 87%, leaving the token with much ground to cover in returning to the top. Josh also noted that being a top 30 cryptocurrency makes HBAR a safe buy for interested investors.

Josh’s next call is ADA, the token for the Proof-of-Stake (PoS) blockchain, Cardano ADA is currently ranked 7th on CoinmarketCap, with a trading price of $0.3918 as of the time of writing. That price also represents a more than 87% drop from an ATH of $3.0994.

According to Josh, if the ongoing developments and blockchain updates within the Cardano network continue, ADA’s price could go as high as $5 in the coming bull run.

At $7.562, Josh believes that LINK, the platform token for Chainlink is poised for a significant upward push. The current LINK price puts it 85.92% lower than its ATH. He also thinks that the surge in trading volume and the technical setup of LINK puts the 19th-ranked cryptocurrency in a position to deliver significant gains in the upcoming bull run.

Disclaimer: The views and opinions, as well as all the information shared in this price prediction, are published in good faith. Readers must do their research and due diligence. Any action taken by the reader is strictly at their own risk. Coin Edition and its affiliates will not be held liable for any direct or indirect damage or loss.

The post Analyst Identifies HBAR, ADA, and LINK for Immediate Price Rally appeared first on Coin Edition.

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