Investing & Markets

Chainlink: LINKBTC Reversal Hints at $22 Target & Bullish Rally

Chainlink: LINKBTC Reversal Hints at $22 Target & Bullish Rally

Recent analysis from CryptoWzrd suggests a significant shift in Chainlink's market dynamics, signaling a potential bullish trajectory with the cryptocurrency targeting the $22 mark. The notable strength observed in the LINK/BTC pairing is a primary indicator, hinting at an impending rally driven by increased buying pressure from bulls. On the intraday charts, the $22 level is emerging as a crucial resistance, acting as the immediate focus for traders seeking scalp opportunities. This development comes as Chainlink concludes its trading day on a decidedly bullish note, prompting market observers to anticipate further upward movement in the near future. LINK/BTC: The Catalyst for Chainlink's Reversal CryptoWzrd's comprehensive update underscores a robust bullish close for both Chainlink's price and its performance against Bitcoin (LINK/BTC). Crucially, the LINK/BTC pair charted a powerful bullish daily candle. This event was not isolated; it coincided with a discernible de…

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