Chainlink, which has not exhibited any significant price movement for a long time ( LINK), has increased by more than 10 percent in the last 24 hours.
BTCAltcoins gaining strength as it remains above $26,450 Chainlink (LINK) came forward. The major coin, which increased by 6.65 percent in the last 24 hours, took the first place in the list of the highest risers. What prices can LINK, which made a massive move from the $ 6.05 support, target as long as it continues its rise? Which regions should be followed on LINK?
Chainlink (LINK) chart analysis
Exploding with reaction in the $6.05 band LINK It clearly broke through the $6,459 resistance and targeted the next resistance zone. The popular coin, which increased by 10.14 percent in a short time, can move towards 7,476 – 7,811 and 8,277 dollars, respectively, if it exceeds $ 6.85. In addition, it is highly likely that the buyer-seller war will escalate in the $7.43 – $7.51 range.
BTC falling to $26,000, LINK losing its momentum, or any FUD news about cryptocurrencies will naturally push the price to lower levels. The levels where buyers can be expected to play a role in such a situation are $6,459 – $6,055 and $5,388 respectively. Especially with the loss of $ 5,388, the selling pressure may evolve to a different dimension.