LINK is quite an interesting asset, worth paying attention to from both technical and fundamental perspectives.
First of all, the technical aspect itself is quite excellent. As a leading project in the oracle track, Chainlink's solutions for cross-chain data transfer and smart contract interaction have always been industry benchmarks.
What's even more interesting is that the chart is now beginning to show positive signals. Especially after going through the entire bear market cycle, LINK has finally formed its first higher low, which is significant as a reversal signal.
If this support level can hold and there is a further upward breakout, I expect it will create new higher highs. The formation of a double bottom or multiple bottoms will greatly contribute to the stability of the subsequent upward trend. The combination of technical advantages and fundamental strength provides this asset with plenty of room for imagination.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
13 Likes
Reward
13
6
Repost
Share
Comment
0/400
LiquidationWatcher
· 2h ago
This move in link is indeed interesting. It's only worth watching if the support level holds.
View OriginalReply0
BearMarketSurvivor
· 2h ago
During the bear market, I was always optimistic about LINK. Is it finally about to take off?
View OriginalReply0
CascadingDipBuyer
· 2h ago
LINK is indeed a top-tier oracle player, but I'm more concerned about whether the support level can really hold...
View OriginalReply0
ResearchChadButBroke
· 2h ago
This wave of link indeed looks interesting. If the support level holds, maybe we can make a move.
View OriginalReply0
SeasonedInvestor
· 2h ago
LINK this wave is indeed interesting; the oracle track is still hard currency. Just worried that the support level might be broken again...
LINK is quite an interesting asset, worth paying attention to from both technical and fundamental perspectives.
First of all, the technical aspect itself is quite excellent. As a leading project in the oracle track, Chainlink's solutions for cross-chain data transfer and smart contract interaction have always been industry benchmarks.
What's even more interesting is that the chart is now beginning to show positive signals. Especially after going through the entire bear market cycle, LINK has finally formed its first higher low, which is significant as a reversal signal.
If this support level can hold and there is a further upward breakout, I expect it will create new higher highs. The formation of a double bottom or multiple bottoms will greatly contribute to the stability of the subsequent upward trend. The combination of technical advantages and fundamental strength provides this asset with plenty of room for imagination.