Chainlink (LINK) Price Nears Breakout: Will 790-Day Resistance Give Way?
Chainlink (LINK) Price Nears Breakout: Will 790-Day Resistance Give Way?
The Chainlink (LINK) price shows bullish long-term signs, attempting to clear a long-term diagonal resistance level after reclaiming a horizontal one.
The long-term readings are decisively bullish but short-term ones suggest that an initial retracement may occur before the price finally breaks out.
Despite the bullish LINK price prediction, a decisive close below the short-term parabola can initiate a sharp retracement that may continue for several weeks.
HI @mangian
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