Chainlink (LINK) Poised for Growth: Expert Insights Unveil Potential Surge

Azeez Mustapha

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Chainlink (LINK) Poised for Growth: Expert Insights Unveil Potential SurgeChainlink (LINK) stands out in the cryptocurrency realm, gaining notice for its ascending value. According to crypto expert Michaël van de Poppe, who shared insights on the X platform, Chainlink exhibits consolidation at $14, dismissing any likelihood of a drop to $8.

Another analyst, Altcoin Sherpa, expresses confidence in Chainlink’s long-term strength, suggesting a potential pullback of around $11 for sustained growth. In conclusion, these analyses offer a thorough understanding of Chainlink’s trajectory, emphasizing its long-term potential amidst short-term uncertainties. Investors are advised to weigh these insights for informed decisions in the dynamic crypto market.

Chainlink (LINK) Poised for Growth: Expert Insights Unveil Potential SurgeThe sell signal of the MA Cross before the breakout at $7.910 led to a massive expansion to the upside. As the rally continued to the premium zone, a FVG (Fair Value Gap) formed at $12.860.
 
The market is currently in a correction phase as the pressure from the $17.330 supply zone overwhelms the market. USDJPY crashes lower as it heads into the Fair Value Gap at the $12.860 price level. 

Resistance Levels: $17.330 $18.320, $19.560 
Support Levels: $9.650, $7.910, $4.930

Total Market Capitalization: $1.62T
Chainlink Market Capitalization: $8.16B
Chainlink Volume: $377M
Market Rank: #13

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Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.

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