A Well-Established Bullish Momentum
Over the past few days, Chainlink (LINK) has displayed a notable bullish momentum, with a 6% increase in 24 hours. This trend could continue if technical indicators and price structure remain favorable. Solid fundamentals, growing demand, and the recapture of critical levels are creating an environment conducive to a significant extension of LINK’s upward movement.
After bouncing off a major support at $9.49, Chainlink has maintained a bullish trend for several days. The recapture of the low value area and the point of control (POC) has laid the foundation for this rise, propelling LINK into an aggressive bullish rotation.
The price now sits above the high value area but faces major resistance at $24.88. The ability to break through this level could pave the way for a much larger movement toward higher targets.
Chainlink : Buying Opportunity Toward $30
LINK’s profile shows bullish inflows during price advances, reflecting strong market participation and strengthening the probability of a sustainable bullish movement.
If LINK maintains above $24.88, the next technical target is $33.75, potentially triggering a bullish continuation. If it fails, a test of the POC or the low area remains possible, but the general trend remains bullish.
With favorable technical signals, LINK could extend its rally, targeting $30 and beyond. Savvy investors should closely monitor price developments.
How to Buy LINK on Bitget ?
LINK could extend its rally, targeting $30 and higher. Here’s a guide to take advantage of this unique opportunity on Bitget :
- Sign up on Bitget : Create an account using an email address or phone number, then complete KYC verification.
- Deposit funds : Fund your account with fiat (bank card, wire transfer) or cryptocurrencies like USDT or BTC.
- Access the market : In “Spot Trading,” select the LINK/USDT pair.
- Place an order : Choose a market order for immediate purchase or a limit order to set your price.
