Chainlink (LINK), which gained a large volume with Bitcoin throwing over 30 thousand dollars, increased by 30 percent in 2 days.
Priced around $30,000 for hours, BTC caused the altcoin market to retreat. While most altcoins reversed the support level, there were also rare coins that went up against BTC, too. Among these, the most striking name was Chainlink (LINK), which has increased by 30.30 percent in the last 2 days. In addition, LINK became the most valuable cryptocurrency of the day after XLM.
Chainlink (LINK) Chart Analysis
LINK, which broke the resistances one by one by rising from $ 6.46, experienced a 30 percent increase in the last 48 hours. Ranked second on the winners list, LINK has become one of the most researched cryptocurrencies of recent times. The popular coin, which is currently traded at $ 8.29, can rise towards $ 8,798 and $ 9,271 as long as it stays above $ 8.24.
BTC’s trading below $30,000, which is an important region in the short-to-medium term structure, or the volatile transactions of LINK whales may lead to easing in price. In this case, the support points to follow for LINK are 8,247 – 7,811 – 7,443 – 6,459 – 6,011 and 5,295 dollars, respectively. The region of $7,443 could exacerbate the buy-sell battle among LINK investors.
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