Chainlink Expert Reveals the ‘Great Opportunity’ LINK Investors Should Anticipate

According to cryptocurrency analyst Michaël van de Poppe, Chainlink (LINK) has broken out of a long-term trading range that lasted over 500 days. After this significant technical breakout, LINK is currently trading around $11.

Van de Poppe notes that if LINK retests support around $9.50-10.00, it would present a great buying opportunity for investors. Even with a potential retest of support, the overall trend remains bullish in his view.

Looking ahead, van de Poppe identifies the next key resistance levels for LINK at $12.50 and $18. Breaking above these levels would confirm the uptrend.

Read also:

In summary, van de Poppe highlights that Chainlink’s technical breakout and bullish structure point to further upside. He suggests that any pullback to $9.50-10.00 may give investors another chance to get in before LINK pushes higher. According to him, this would be a “great opportunity” for those looking to add to their LINK position.

Check $RECQ Meme Coin

Sponsored: Invest Responsibly, Do Your Own Research.
Serves as the base currency for all transactions within the Rebel Satoshi platform
ICO stage, offering tokens at a discounted price
Facilitates a smooth and efficient economy within the arcade, supporting both arcade and in-game transactions.
Grants access to a diverse range of gaming experiences in the Rebel Satoshi Arcade,
Contributes to a decentralized, community-driven RebelSatoshi platform that integrates gaming with elements of revolution, freedom, and unity, appealing to users who value such principles.
intelligent crypto
How are  regular people making returns of as much as 70% in a year with no risk?  By properly setting up a FREE Pionex grid bot - click the button to learn more.
Crypto arbitrage still works like a charm, if you do it right! Check out Alphador, leading crypto arbitrage bot to learn the best way of doing it.

Tags:

Temitope Olatunji
Temitope Olatunji

Temitope is a seasoned writer with over four years of experience. He specializes in Web3 and FinTech topics and enjoys creating content in these areas. He holds both a bachelor's and master's degree in Linguistics. When not writing, he trades forex and plays video games.

CaptainAltcoin
Logo