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Chainlink

<p>According to crypto analyst <a href="https://twitter.com/ali_charts/status/1746888570441277576" target="_blank" rel="noreferrer noopener nofollow">Ali</a>, Chainlink (LINK) has established a solid on-chain demand zone between $14.8 and $15.2. Approximately 17,650 addresses have accumulated over 85 million LINK tokens in this area.</p> 
<p>With minimal overhead resistance ahead, this base of support positions LINK favorably for an advance back toward the psychological $20 level.</p> 
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<h2 class="wp-block-heading" id="additional-technical-analysis">Additional technical analysis</h2> 
<p>AltFINS echoes the bullish perspective in its latest report:</p> 
<ul> 
 <li>Overall uptrend intact across higher timeframes</li> 
 <li>A pullback to $11.80 re-energized bullish momentum.</li> 
 <li>Oscillators turning upward with room to run</li> 
 <li>Next target at $17 en route to $20</li> 
</ul> 
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</figure> 
<p><em>Source: </em><strong><a class="thirstylink" rel="nofollow" target="_blank" title="altFINS" href="https://captainaltcoin.com/go/altfins/" data-shortcode="true"><em>altFINS – Start using it today</em></a></strong></p> 
<p>They too cite the lack of substantial resistance through the $17 zone, with breaches of this area opening up airspace for LINK to challenge its prior all-time high around $35.</p>  
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<h2 class="wp-block-heading" id="favorable-long-term-setup">Favorable Long-Term Setup</h2> 
<p>altFINS also notes LINK remains well-positioned as a prime infrastructure play as the adoption of crypto-based financial products like tokenized US Treasuries accelerates, necessitating decentralized oracles.</p> 
<p>With fundamentals and tokenholder on-chain activity supporting the bull thesis, traders may use the recent basing formation to gain LINK exposure heading into the next crypto run-up.</p> 
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<p>The post <a href="https://captainaltcoin.com/chainlink-builds-solid-demand-between-14-8-and-15-2-link-could-hit-this-price-level-with-the-lack-of-resistance/">Chainlink Builds Solid Demand Between $14.8 And $15.2, LINK Could Hit This Price Level With The Lack Of Resistance</a> appeared first on <a href="https://captainaltcoin.com">CaptainAltcoin</a>.</p>

Chainlink Builds Solid Demand Between $14.8 And $15.2, LINK Could Hit This Price Level With The Lack Of Resistance

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