Chainlink Price Analysis: Anticipating Profit as LINK Investors Turn Optimistic
Tuesday, 9 April 2024, 14:27
Chainlink Price Analysis
Chainlink price, currently trading under $18, has the potential to break out and note a rally, which could mean considerable profits.
LINK Bulls Showing Optimism
- Investors exhibiting bullish behavior anticipate price rise.
- Active addresses spike by 104% signaling increased interest.
Profit Anticipation
- $684 million worth of supply bought between $17.49 and $18.73.
- Holders await profitable levels before selling.
If LINK breaches the $18.73 resistance, further upside is predicted; failing could lead to a decline to $16.00 support.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.