LINK trade mixed as price climbs to $16.63, but this new crypto could explode sooner

Chainlink (LINK) is currently trading at $16.63, marking a 24-hour gain of 2.85%. Technical considerations seem to be prompting this price action as opposed to breaking news on projects. Accordingly, the crypto charts also show mixed signals in the case of LINK. Relative Strength Index (RSI) stands in a neutral location of 48.98 and can move one way or another. However, a bearish divergence exists within the Moving Average Convergence Divergence (MACD) indicator. Simultaneously, a different altcoin project is demonstrating explosive early momentum. Mutuum Finance (MUTM) is rapidly advancing through its presale phases, already rewarding early participants handsomely. Analysts project MUTM could deliver returns far exceeding LINK’s current performance. Chainlink navigates technical uncertainty LINK’s current price action presents a complex picture for traders. While the gain is positive, underlying momentum indicators offer caution. The MACD histogram registers at -0.2886, indicating building bearish pressure beneath the surface. Furthermore, LINK trades closer to its lower Bollinger Band ($15.37) than the upper band ($20.05). Thus, suggesting room for growth but facing resistance at the middle band ($17.71). Immediate support lies near $15.43, aligning with the 50-day Simple Moving Average. Should this level break, a steeper decline toward the 52-week low near $10.94 becomes possible. For those considering crypto investment, LINK offers a potential 22% upside to resistance at $20.28. Conversely, it carries a risk of approximately 7% down to immediate support. This creates a challenging risk-reward scenario requiring careful analysis of crypto predictions. Mutuum Finance presale achieves remarkable momentum Mutuum Finance (MUTM) is capturing significant attention during its ongoing presale. Currently in Phase 6, tokens are priced attractively at $0.035. This represents a substantial 250% increase from the opening phase price of $0.01. The project has impressively raised $14,150,000 since its presale began. Investors have purchased over 670 million tokens already. Furthermore, the total number of MUTM holders has surged to 14,950. Phase 6 is selling out quickly, offering a closing window to acquire tokens at this level. Subsequently, Phase 7 will commence with a 14.3% price hike, setting the new cost at $0.04 per token. Mutuum Finance (MUTM) plans its official launch at $0.06. Looking further ahead, analysts project significant post-launch growth, with realistic crypto predictions targeting $0.50. In addition, current buyers are set for quick 250%-400% gains after launch. Robust security and incentives underpin Mutuum Security remains paramount within the crypto market. Mutuum Finance (MUTM) successfully finalized its CertiK smart contract audit. This rigorous examination yielded an outstanding 95.00 security score. Importantly, CertiK identified no vulnerabilities within the audited contracts. Complementing this, Mutuum Finance has partnered with CertiK for an official Bug Bounty Program. Consequently, $50,000 USDT is allocated for rewarding discovered vulnerabilities. Rewards are structured across four tiers based on issue severity. Additionally, the project is running a major $100,000 MUTM token giveaway . Ten lucky winners will individually obtain $10,000 worth of tokens. Participation only requires submitting a valid wallet address and finishing specific quests. Moreover, Mutuum Finance (MUTM) actively incentivizes long-term holding. The team recently launched a dedicated dashboard featuring a leaderboard. This ranks the project’s top 50 token holders. Why this altcoin stands out now Chainlink (LINK) presents a mixed technical outlook near $16.63. Its path involves navigating resistance and conflicting momentum signals. Conversely, Mutuum Finance (MUTM) offers a structured, high-potential opportunity within its ongoing presale. Phase 6 provides access at $0.035 before the imminent price rise. The project boasts strong security credentials, significant funds raised, and a rapidly growing holder base. Realistic crypto predictions point towards substantial growth potential post-launch. Explore the Mutuum Finance (MUTM) presale immediately to potentially secure significant future returns. For more information about Mutuum Finance (MUTM), visit the links below: Website: https://mutuum.com/ Linktree: https://linktr.ee/mutuumfinance The post LINK trade mixed as price climbs to $16.63, but this new crypto could explode sooner appeared first on Invezz