Chainlink Consolidates At $6.00, Polkadot Sees Small Gains On Christmas, Snowfall Protocol Endorsed As Top Bull Pick For 2023

This?assignment?has been making waves, with its presale?promoting?out in?only some?hours. As a result,?buyers?are turning their heads to Snowfall Protocol (SNW)?because it?competes?in opposition to?hooked up?gamers?withinside?the?market:?Chainlink?(LINK) and?Polkadot?(DOT).?

Chainlink?(LINK) Consolidates Below $6.00 During the Holidays; what Will Its Price Be In 2023??

As the markets experience low activity during the holidays,?Chainlink?(LINK) and the larger crypto market have started the week with mixed market sentiment.?Chainlink?(LINK) appears to consolidate around the $6.00 level, with resistance and support levels?at $6.00 and $5.89, respectively.?

While?Chainlink's?prices may be flat for the time being, the?Chainlink?team rolled out a list of integrations in 2022, which could lead to?Chainlink’s?rapid recovery when the bulls return. According to a tweet by?Chainlink?detailing the network's accomplishments in 2022,?Chainlink?now has 1,994 integrations, 1,650 more than its nearest competitor. In addition,?Chainlink?recently launched LINK staking, which has increased momentum and the price is expected to catch up soon.?

?Chainlink?is the most valuable Oracle protocol in market capitalization and total value locked. An oracle network serves as a bridge between the on-chain and the real world.?

Polkadot?Reports Small Gains on Christmas, Several Indicators Point to A Price Increase in The Coming Days?

Polkadot's?(DOT) recent price action has been disappointing, with a negative 3% weekly growth and a negative 20% for the month.?Polkadot?is currently trading at $4.48 and has a market capitalization of $5.1 billion. Despite this?poor performance, several price indicators signal that?Polkadot's?price may be preparing for a rally.?

Polkadot's?RSI and stochastic indicators are both in oversold territory on the daily chart, indicating a strong buy signal. Furthermore, the Moving Average Convergence Divergence (MACD) shows the possibility of a bullish crossover, implying a shift of power to the bulls as we approach 2023. However, there is a catch.?Polkadot?bulls must push the price higher and consolidate above $4.65. This level could then pave the way for?Polkadot?to rally past the $5 mark.?

Market Analysts Believe Snowfall Protocol Is A Top Crypto Bull Pick for 2023?

Despite being in its early (presale) stage,?Snowfall Protocol (SNW)?has continued to impress investors and industry experts with its dominant run. This week the?Snowfall Protocol (SNW)?team has shared a snapshot of the protocol's progress bar, indicating a strong performance in the?protocol's presale campaign's final round.

According to the Dec 25 post,?Snowfall Protocol (SNW)?has?sold more than?78%?of the round's scheduled?100 million tokens in just a little over three weeks. At the same time, the Snowfall token has reached a new all-time high of?$0.14?after beginning the round at?$0.075. The post also shows the last day of the presale campaign, which is also the official launch and listing date for?Snowfall Protocol, Jan 3, 2023.?

To recap, Snowfall Protocol launched its three-round presale campaign late this year at?$0.005. This price has continued to increase as more investors flock to the protocol. While closing the second round, which sold out a day early, Snowfall Protocol had raised more than?$3 million. At launch,?Snowfall Protocol (SNW)?is?anticipated to cost?$0.2.?

Snowfall Protocol addresses all of the interoperability issues that have hampered blockchain technology thus far. Using the Snowfall?dApp, users will be able to swap fungible and non-fungible assets in a scalable, interoperable, and secure environment. The?Snowfall Protocol is the first cross-chain platform that allows fungible and non-fungible assets to be transferred between EVM and non-EVM compatible chains.??

Staking in?Snowfall Protocol (SNW)?staking pools?allows?Snowfall Protocol (SNW)?holders to help secure the network while also collecting?Snowfall Protocol (SNW)?rewards. Snowfall tokens can also be used to participate in governance decisions such as proposal tabling and voting.?

Learn more and invest in?Snowfall Protocol (SNW)?today by clicking on any of the following links:?

Presale:?https://presale.snowfallprotocol.io?

Website:?https://snowfallprotocol.io?

Telegram:?https://t.me/snowfallcoin ??

Twitter:?https://twitter.com/snowfallcoin ??