LINK Spikes High as Bullish Momentum Builds Strongly
- Chainlink price analysis shows a strong bullish momentum.
- LINK/USD is currently at $7.53, a 5.97% increase over the past 24 hours.
- If bulls persist, the LINK token could target the $7.60 level soon.
The Chainlink price analysis shows a bullish trend, as an increase has been recorded in the last 24 hours. The market has been following bullish for the past few days, and the price has significantly increased. The LINK/USD pair has surged to $ 7.53 in the last 24 hours as more investors are showing interest in the token.
The bulls are demonstrating the strength and are pushing the token higher. The resistance level at $7.55 has been broken to the upside, and a further increase is expected in the near future. If bulls manage to break the next resistance at $7.60, then we can expect a further increase in the LINK token price. The support level is still strong at $6.90, and if the price retraces downward, then this support can be expected to hold.
The daily chart for the LINK/USD pair shows a strong bullish momentum as the price is currently trading above the $7.50 level, with a 5.97 percent increase in the past 24 hours. The…
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