LINK Price Prediction: Chainlink Rallies Over 7% As The Bulls Aim $8.8

LINK Price Prediction: Chainlink Rallies Over 7% As The Bulls Aim $8.8

Chainlink’s LINK price is gaining pace above $7.00. The price could rise further if it clears the $7.35 and $7.50 resistance levels.
Chainlink token price is showing positive signs and rising from $6.50 against the US dollar.
The price is trading above the $7.00 level and the 100 simple moving average (4 hours).
There is a major bullish trend line forming with support near $6.65 on the 4-hour chart of the LINK/USD pair (data source from Kraken).
The price could gain bullish momentum above the $7.35 resistance zone.
Chainlink (LINK) Price Eyes More Gains
After a short-term downside correction, LINK price found support near the $6.45 level against the US Dollar. A low was formed near $6.458 and the price started a fresh increase, unlike Bitcoin and Ethereum.
There was a clear move above the $6.65 and $6.90 resistance levels. The price climbed above the 50% Fib retracement level of the downward move from the $7.36 swing high to the $6.458 low. LINK price is now trading above the $7.00 l

Czytaj więcej

We współpracy z: https://www.newsbtc.com/analysis/link/link-price-prediction-chainlink-to-8-8/

Total
0
Shares
Dodaj komentarz

Podobne Wpisy