Based on The Coin Republic, Chainlink (LINK) tested critical support near $15 on November 3, trading at $16.10 with an 8.3% 24-hour decline. Analyst Ali Martinez suggested a potential move to $100 if the price breaks above the upper trendline of a multi-year symmetrical triangle pattern. Trader Rick Barber noted bullish divergence on key indicators and expected a bounce following the US market open. Meanwhile, Chainlink expanded its Cross-Chain Interoperability Protocol to TON Network and Stellar, and partnered with ICE for financial data feeds. Analyst Cryptowzrd warned that failure to reclaim $16.90 could keep the near-term bias bearish.
Chainlink Price Tests $15 Support Amid Analyst Predictions of $100 Move
The Coin RepublicShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.