Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion.
LINK’s breakout past the nearly 18-month range saw a further 60% rally.
The evidence at hand pointed toward further gains but FOMO should be avoided.
Chainlink [LINK] bulls were active in the market and continued to drive prices higher in the past week. LINK nearly reached $16 in recent hours of trading before dipping to $13.59 after volatility sparked across the crypto market in the lower timeframes.
This might not faze the bulls. The buying pressure was increasing and the net deposit of LINK on exchanges was lower than the 7-day average.
AMBCrypto’s report on LINK’s price action dated 3rd November noted that a retracement to $8.14 or $9.5 before another rally was possible. Such a retracement did not occur, instead, prices rocketed past the $11.5 resistance since the 5th of November.
LINK prices are likely to climb higher accord
We współpracy z: https://ambcrypto.com/chainlink-why-a-move-to-18-is-more-likely-than-a-fall/
