#LINK between resistance and support. After reaching support, it started to rally and is now trading near $7.2. We expect growth to continue until resistance.
#Chainlink has been quietly building during this bear market.
💥As evidenced by the increasing number of active developers working on the #LINK project seen in the illustration.
💥Despite market uncertainty, the developer activity on #LINK remains strong
💥As evidenced by the increasing number of active developers working on the #LINK project seen in the illustration.
💥Despite market uncertainty, the developer activity on #LINK remains strong
#LINK is just above the $6.46-$6.30 support range. If the price drops to the support again, the probability of short selling will be very high and the next support area is $5.72-$5.54.
The price of the #LINK reached the support level of $6.30 and was well supported from there. It also formed a harmonic pattern, and after breaking the downward trend line in the 4-hour TF and retesting it, an upward trend line was formed. We expect the price to rise again to $8.30 .
#LINK price has reached the uptrend line or dynamic support. It has not grown much, but it has made good bullish candles, which shows that it has growth potential. We expect the price to grow again to $8.30.
#LINK breakout the downtrend line. It broke the $6.400 - $6.500 resistance and retested it, the next resistance area is $7.640 - $7.760.
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The price of the #LINK has fallen to the support zone, if the price breaks this zone, the next important support is the $6.500 level.
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The price of #LINK broke the formed pattern and tested it again. Given the strong uptrend, we can expect the price to grow to $30.80
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