LINK Technical Analysis 17.04.2023

In my previous analysis on Link, I mentioned that whales had accumulated $18.5 million worth of $LINK.

When examining the current price movement, we can see that after gaining the $7.60 resistance level, it retested this level and then tested the first resistance point at $8.395. If the price manages to hold above this area, the target will be the Range High point at $9.67. I believe that if the price breaks the consolidation pattern it has been in for a year in an upward direction, it could present some great opportunities.

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