Chainlink and Cardano Flash Bullish Signals: Is This a Pre-Bull Market Breakout?

• Improving market signals bullish potential for top altcoins like ADA, LINK.
• LINK under $20 seen as undervalued before next breakout.
• Cardano stabilizing near $0.50 with $2 target ahead.

The altcoin market is showing early signs of strength, with Chainlink and Cardano emerging as key projects to watch. While not final bull market targets, both assets are flashing bullish signals as market conditions improve. 

According to analyst Dan, this is the ideal time for investors to prepare, with technical charts, risk models, and market sentiment beginning to align in favor of a breakout for these two altcoins.

Chainlink: Pre-Bull Market Stage?

In one of the latest developments, Chainlink’s new deal with Mastercard will allow over 3 billion Mastercard users to buy cryptocurrencies directly on-chain. This is a huge step toward mainstream adoption and could boost Chainlink’s long-term value.

Despite this big news, Chainlink’s price remains under $20, far below its all-time high of $55 reached in 2021. The analyst said that this makes LINK one of the most undervalued cryptocurrencies in the market today. 

Related: What’s Next for HYPE, TON, SHIB, and …

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