menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Technology News

>

Chainlink ...
source image

Bravenewcoin

6h

read

118

img
dot

Image Credit: Bravenewcoin

Chainlink Price Breakout Fuels Rally With Traders Targeting $32 Level

  • Chainlink's price surged over 7% to around $15.35, driven by increased volume and strong support levels, signaling further upside potential.
  • Analysts anticipate short-term targets between $14.90 to $16.00, with long-term projections aiming for $28 to $32 if positive momentum persists. Technical indicators suggest a potential uptrend in Chainlink's price.
  • Trader Rai identified a short-term target at $14.90, emphasizing a bullish structure with higher highs and higher lows in the price movement.
  • Additionally, an Elliott Wave analysis points to a potential move to $32, following a breakout above descending resistance levels, supported by rising volume and institutional interest.

Read Full Article

like

7 Likes

For uninterrupted reading, download the app