Anticipating a Bullish Surge: Latest Price Forecasts for Chainlink (LINK) in the Crypto Market

• Chainlink’s native cryptocurrency, LINK, is set for a rebound from its current $14 price, according to a positive TD Sequential buy signal.
• Prominent analysts predict substantial returns for the asset, backed by favorable on-chain metrics indicating a bullish move.

Chainlink’s LINK is set for a rebound, with analysts predicting substantial returns. Favorable on-chain metrics indicate a bullish move.

LINK Price Predictions

Chainlink’s native cryptocurrency – LINK – is another digital asset that has suffered the negative effects of the recent market correction. Its price has fallen nearly 8% in a week, currently hovering around the $14 mark. However, some prominent analysts believe that this negative trend may soon be replaced by a rally. For instance, Ali Martinez, a well-known analyst, claimed that the TD (Tom DeMark) Sequential is flashing a buy signal on the Chainlink 12-hour chart. He believes LINK’s valuation could rise to $15.50 if it maintains above the major resistance level of $13.87.

Technical Indicators and Analyst Predictions

The TD Sequential is a technical indicator primarily used to identify the timing of market reversals. It was developed by Thomas DeMark and is popular among traders for its ability to provide signals based on the exhaustion of current price trends. Another analyst, Michael van de Poppe, Read the full article for FREE at COINOTAG!