The post Another Chainlink Retest Done: Is the LINK Price Poised to Reach $20 in 2023? appeared first on Coinpedia Fintech News
The crypto markets are experiencing a roller coaster ride as major events have heavily influenced the price of the majority of the tokens. After experiencing a substantial drop in the past few days, the Chainlink price has triggered a bullish rebound since the beginning of the day. The LINK price was trading in a descending trend after the rejection from $16.59 and triggered a healthy rebound before reaching the lower support.
The LINK Marines have saved the price to reach lower support for the second consecutive time in the past few days. The price appears to be on the verge of completing the double-bottom or ‘W-shaped’ pattern, which may validate a fresh upswing in the coming days. Although the bulls are getting weak after reaching the halfway point, the price could resume its upswing to reach the pivotal resistance soon.
The LINK price soared above the
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