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Chainlink (LINK) Could Reach New Yearly Highs: Crypto Analyst

Published 11/22/2023, 10:05 PM
Updated 11/22/2023, 10:15 PM
Chainlink (LINK) Could Reach New Yearly Highs: Crypto Analyst
LINK/BTC
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  • Crypto analyst Ali Chart says LINK could reach new yearly highs.
  • The analyst said the token is in a demand zone, ranging between $13.80 and $14.20.
  • LINK edged higher in the last 24 hours, with trade volumes also seeing significant increases.

In a recent post, crypto analyst Ali Charts predicted altcoin Chainlink (LINK) could peak at new yearly highs following recent sustained positive performance.

The analyst referenced a snapshot that showed that LINK is currently in a demand zone, ranging between $13.80 and $14.20. Furthermore, the analyst noted that 11,470 wallets hold a substantial 23.5 million tokens within this range.

“With minimal resistance ahead and solid support below, remaining above this zone could pave the way for $LINK to climb to new yearly highs,” he stated.

Turning to the cryptocurrency market t…

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