Is LINK ready for an upward extension?
If the bulls continue their current pressure, the price of LINK$ may head towards testing the nearby resistance level at $14.27. Staying above this level may pave the way for a positive crossover that supports the continuation of the rise, targeting a subsequent resistance above $14.37. Success in this step could enhance optimism about the possibility of starting a broader upward wave in the upcoming phase.
Conversely, a return of sellers to control could push the price back towards a support level at $14.07. Any clear break below this level could lead to a deeper correction that drives the price below $13.97, a scenario that could weaken the current positive momentum
LINK
13.33
-2.55%