Chainlink (LINK), which has not exhibited any significant price movement for a long time, has increased by more than 10 percent in the last 24 hours.
Chainlink (LINK) stood out among the altcoins that found strength as BTC remained above $ 26,450. 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
LINK, which exploded by receiving a reaction from the $ 6.05 band, clearly exceeded 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.
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