As the crypto market wraps up a volatile year marked by broad drawdowns, a handful of large cap digital assets appear primed for strong finishes to close out 2023.
Ripple’s XRP, Chainlink’s LINK, and Polygon’s MATIC have all exhibited bullish on-chain behavior and technical setups that could foreshadow significant rallies, especially if the risk asset environment improves heading into the holidays.
Keypoints
- XRP price has pulled back recently but is holding support around $0.6 and 1,600 SAT, with a potential bullish reversal incoming
- A bull flag pattern has emerged which could lead to a 20%+ price surge if it breaks out upward
- Analysts point to strengthening fundamentals including whale accumulation activity and an upcoming XRP ETP launch
- Chainlink has introduced an upgrade to its staking capabilities called Staking v0.2
- LINK price has surged over 30% in the past month to around $14.90
- Whale LINK transactions…
