- 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.
#Chainlink is in a key demand zone, ranging between $13.80 and $14.20. Here, 11,470 wallets hold a substantial 23.5 million $LINK.With minimal resistance ahead and solid support below, remaining above this zone could pave the way for $LINK to climb to new yearly highs. pic.twitter.com/TdbK2Dw4x7
— Ali (@ali_charts) November 22, 2023
“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.
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