Chainlink

<ul><li>Amidst a strong bearish trend, Chainlink&#39;s potential for upward movement hinges on a critical demand zone.</li><li>Over 23.5 million LINK held by 11,470 wallets intensifies the significance of the $13.80-$14.20 range.</li><li>Traders navigating short positions must be vigilant for possible bearish excesses and strategic entry points.</li></ul>In the ever-evolving landscape of cryptocurrency, <a href="https://coinmarketcap.com/currencies/chainlink/" rel="noopener noreferrer nofollow">Chainlink (LINK)</a> has recently made headlines as it navigates a crucial phase within a key demand zone. As highlighted by crypto analyst Ali_charts, the market sentiment indicates that Chainlink currently ranges between $13.80 and $14.20, with a notable 23.5 million LINK held by 11,470 wallets in this zone.In a recent tweet, Ali_charts delved into Chainlink&#39;s pivotal demand zone, citing 11,470 wallets and potential for new yearly highs:<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/2e56e15497dd41edabd58bb749d1fe0f.png" />Despite the prevailing bearish trend in the CHAINLINK - LINK/USDT pair, traders closely monitor the potential for a positive breakout. The tweet indicates that LINK has a clear path ahead with strong support, creating a chance for it to reach new yearly highs if it stays in the mentioned demand zone.Read full article at <a href="https://cryptotale.org/chainlink-finds-key-support-in-demand-zone-amidst-bearish-trend/" rel="noopener noreferrer nofollow">CryptoTale.</a>

Chainlink Finds Key Support in Demand Zone Amidst Bearish Trend

CryptoTale

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