LINK, which is instantly traded at 7.348 dollars has set a target of 5.729 dollars, which is determined as the support level. In order to reach this support level, the price will first need to break below $6,656. However, this level may be the purchase level for us. Because it is seen that the price has received an upward reaction from here before.
If, as expected, the price goes from here to the support level of 5.729 dollars . From here, we expect it to find support and go back to the resistance level. However, it will be possible to take profit at 6.656 dollars, which is the first resistance level.
If this level is broken to the upside, our next resistance level will be 7.656 dollars. When we look at our medium-term price analysis, we see clearer structures. It is revealed that the price wants to go to 6.115 dollars, which is determined as the support level.
Kaynak: https://thenewscrypto.com/chainlink-link-price-prediction
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