• LINK has possibly begun a correction after completing an impulsive five wave formation.
  • The price has broken out from a short-term descending resistance line.
  • There is support and resistance at $7.1 and $8.1, respectively.
The Chainlink (LINK) price has been declining since reaching a high of $8.9 on July 15. Due to the length of the movements, it's possible that the price has completed an impulsive upward move that began in March, and has now begun a correction. However, the start of the corrective period has not yet been confirmed. Has LINK Reached a Top? The LINK price has been rising at an
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Valdrin Tahiri

Valdrin is a cryptocurrency enthusiast and financial trader. After obtaining a masters degree in Financial Markets at the Barcelona Graduate School of Economics he began working at the Ministry of Economic Development in his native country of Kosovo. In 2019, he decided to focus full-time on cryptocurrencies and trading.

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