Chainlink Targets $22 As LINKBTC Shows Signs Of Reversal – Is The Next Rally ...
CryptoWzrd noted in a fresh update that Chainlink ended the day on a bullish note, with signs pointing to more upside ahead. The strength in LINKBTC is adding momentum, suggesting further pressure from the bulls. On the intraday chart, the $22 level is emerging as the next key bullish zone, while lower time frames remain the focus for spotting the next scalp opportunity. LINKBTC To Trigger A Reversal For Chainlink In an elaborate analysis, CryptoWzrd confirmed a strong bullish close for both the price of Chainlink and the LINK/BTC pairing. Notably, the LINK/BTC pair printed a powerful....
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Technical analyst CRYPTOWZRD shared his latest take on Chainlink (LINK)’s price action in a recent post on X, pointing out that the asset ended the day with a neutral, indecisive close. While the session lacked a clear directional push, he noted that this kind of pause often precedes a sharper move. CRYPTOWZRD plans to monitor the intraday chart tomorrow for a potential reversal setup above the $15.85 mark, which he views as the first sign of bullish intent. However, a sustained move above $16.80 would offer a more confirmed breakout and a stronger long opportunity, indicating buyers are....
According to an analysis posted on X by CRYPTOWZRD, Chainlink has closed the session with a bearish tone and is now testing the key $12.50 support level. With reduced weekend liquidity expected, price action is likely to remain choppy, making it essential to closely monitor intraday volatility. A clearer setup could take time to develop, but this zone may offer early clues about the token’s next move. Oversold Pressure Builds: Is LINKBTC Ready To Rebound? In his expanded commentary, CRYPTOWZRD underscored that both the LINKUSDT and LINKBTC daily candles closed firmly bearish, mirroring....
Sharing his daily technical outlook, CryptoWzrd noted in a recent post that Chainlink (LINK) ended the session bullish, hinting at the possibility of further upside. With LINKBTC rebounding from an extreme oversold zone, LINK could be gearing up for its next move upwards. Bullish Daily Close For Chainlink And LINKBTC CryptoWzrd, expanding on his latest analysis, explained that both Chainlink and LINKBTC closed the day with bullish daily candles, a sign that momentum could be building in favor of buyers. This positive structure on higher time frames indicates that sentiment may be shifting....
Chainlink has been showing signs of weakness throughout the past few days, but this trend may be shifting as the cryptocurrency rebounds today alongside Ethereum and other major altcoins. The introduction of Ethereum 2.0 – with a scheduled release in December – is the event that is driving this rally. There’s a strong possibility that […]
Chainlink has struggled to maintain its foothold above $10.00, which was lost when the token faced a massive influx of selling pressure that drove its price lower overnight. Bulls have since re-surmounted this level and are ardently attempting to establish it as support. An ability to do this could help create a strong base of […]