Without a doubt, one of the best-performing cryptocurrencies in the past few years is Chainlink.
Can Chainlink continue moving upward and even reach the magical number of $10 or higher?
Chainlink rallies with 41% since the crash last weekend.
As most of the cryptocurrencies saw a massive crash at the weekend, Chainlink did the same.
The price of Chainlink dropped from $8.75 to $6.90, all the way toward the support level of the range it was in.
Only this time the resistance broke down and the price rallied toward $9.60, a new all-time high.
If the 2.618 Fibonacci level is taken, the next resistance zone is found at the $12.50 level.
As stated in the previous article, the likelihood that earlier levels get tested for confirmation of support is quite high after such a massive surge.
As Chainlink's price is acting inside a resistance area, it's crucial for LINK to sustain support at 0.00085000 sats.
An apparent breakthrough of the 0.00085000-0.00088000 sats area would warrant a new test of the highs and possible continuation towards a new all-time high.
Chainlink Reaches New LINK Price All-Time High Eyeing $10 Next
Publicado en Aug 4, 2020
by Cointele | Publicado en Coinage
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