Chainlink

<p>A popular crypto analyst known as<a href="https://twitter.com/ali_charts/status/1784646217193955615?t=rAnU5mdiPBGPEFPs3yI_sA&amp;s=19" target="_blank" rel="noopener noreferrer nofollow"> Ali </a>on X is calling attention to a promising technical pattern emerging on the charts for Chainlink (LINK). According to Ali’s latest analysis, the TD Sequential indicator is flashing a buy signal on LINK’s 12-hour chart.</p>
<p>The TD Sequential is a market timing tool that attempts to identify price momentum using advancing and declining momentum indicators. When the indicator presents a specific bullish or bearish countdown pattern, it can signal an impending trend reversal.</p>
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<p>In Ali’s view, if Chainlink manages to hold above the $13.87 support level, the token could be gearing up for a strong rebound towards $15.50. Ali shared this analysis in a recent tweet, stating:</p>
<p>“The TD Sequential is flashing a buy signal on the #Chainlink 12-hour chart! If $LINK stays above the $13.87 support, we could see a strong rebound to $15.50.”</p>
<p>Chainlink is a decentralized oracle network that aims to connect smart contracts on the blockchain with real-world data. LINK is the cryptocurrency token used to pay Node Operators for retrieving data for smart contracts.</p>
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<p>At the time of writing, LINK is trading at around $13.95, down nearly 5% over the past 7 days according to data from CoinMarketCap. The token has a market capitalization of over $8 billion, making it the 16th largest cryptocurrency by that metric.</p>
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<p>The post <a href="https://captainaltcoin.com/top-analyst-spots-buy-signal-for-chainlink-link-above-this-support-shares-price-target/" rel="noopener noreferrer nofollow">Top Analyst Spots Buy Signal for Chainlink (LINK) Above This Support, Shares Price Target</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Top Analyst Spots Buy Signal for Chainlink (LINK) Above This Support, Shares Price Target

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