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Cryptocurrency News Articles

The crypto market has staged a remarkable rebound

Apr 29, 2025 at 08:57 pm

The crypto market has staged a remarkable rebound fueled by renewed bullish momentum and improving macro sentiment, and traders are diligently seeking

The crypto market has staged a remarkable rebound

The crypto market has staged a remarkable rebound in recent days, fueled by renewed bullish momentum and improving macro sentiment, leaving traders eagerly searching for the most promising coins to maximize gains.

Among the candidates currently making headlines are Chainlink’s LINK, which is showing strength on both on-chain and technical fronts, and PepeX, which is currently in its presale phase and rapidly capturing attention.

Chainlink price prediction

Chainlink has displayed resilient strength this month, notably reclaiming critical support zones as buying pressure intensifies around the $15 level.

Technical chart analysis reveals a bullish cup and handle pattern forming on shorter timeframes, signaling a potential breakout toward new highs.

$LINK cup and handle pattern 👀

It recently reached its resistance zone and got rejected.

I think a retest of $13.8-$14 is highly likely before the next leg up. pic.twitter.com/ypWQwX4CR1

— AMCrypto (@AMCryptoAlex) April 27, 2025

Moreover, Elliott Wave Theorist Alex Clay has identified that LINK is embarking on the fifth wave of an upward impulse, targeting resistance between $28 and $32.

#LINK

3rd Impulse Bullish Wave we reached the Key Resistance Zone💁‍♂️

This time for the 5th Impulse Bullish Wave I am expecting the Key Resistance Zone to be broken and $LINK goes for the Major Supply Zone as least📈

🎯1TP – 31.85$🎯2TP – 45.50$

Also have some $LINK for the… pic.twitter.com/gi78Z7qGSK

— Alex Clay (@cryptclay) April 27, 2025

A decisive close above the $15.50 resistance zone with accompanying volume could trigger a measured move toward the cup and handle projection near $18 to $19.

Further momentum above $19 would clear the path toward intermediate targets, paving the way for a challenge of the major supply zone around $28.

Traders will be closely watching for sustained trading volume to confirm that price action is not a false breakout, mitigating the risk of a rapid reversal.

As Binance top trader data indicates, long positions have climbed into the mid-60% range, reflecting growing confidence in LINK’s upside story.

On-chain oracle activity and decentralised application integrations continue to expand, reinforcing Chainlink’s fundamental value proposition in Web3.

As such, institutional adoption and DeFi partnerships are scaling, as developers increasingly leverage data feeds and smart contract services across multiple blockchains.

Market commentators highlight that LINK’s market capitalisation and liquidity profile support higher valuation, especially if network usage accelerates.

PepeX (PEPX) presale outlook

PepeX is emerging as a novel AI-driven token launchpad that aims to disrupt existing launchpad models.

The platform is designed to integrate automated growth strategies and social media outreach to amplify project visibility and community engagement.

The current presale stage is witnessing strong demand.

Participants in the present presale phase can acquire the PEPX token at $0.0243, with the price set to rise incrementally across upcoming stages.

Price projections for PEPX anticipate a massive surge by the end of the presale, followed by a potential price explosion driven by the token’s utility in powering AI-assisted project launches and fair distribution mechanisms.

PepeX distinguishes itself through a revolutionary 5/95 distribution model that caps founder allocations at 5%, aligning incentives with long-term project success.

With a total presale allocation of 2.25 billion tokens representing 45% of the supply, the fundraising structure balances scarcity and accessibility.

Market analysts view PepeX as one of the best coins to buy in the current landscape due to its AI capabilities, robust fairness protocols, and growth engine.

Early backers could benefit from significant upside if the platform achieves milestones such as token listing on major exchanges and strategic partnerships.

While speculative risk remains inherent in presale participation, PepeX’s governance and tokenomics framework provide defences against common launch pitfalls.

In a sector still marred by rug pulls and recycled tokens, PepeX is emerging as a credible outlier, setting operational benchmarks, emphasizing transparency, and incorporating mechanisms aimed at protecting retail participants.

Its presale traction indicates that this positioning is resonating with investors beyond just rhetoric.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

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Other articles published on Apr 30, 2025