Bond
The Oracle Network that helps join Blockchain networks with external data, experienced significant price volatility in recent trade, recovering from a strong correction of 14.4% after finding strong support to $ 13.58.
The recovery gained impulse through higher consecutive minimums, potentially pointing to accumulation at lower levels. However, Bitcoin’s
The performance will probably issue the next main movement for Altcoins as Link.
Link increased 1.4% in the last 24 hours in line with the price of the broader digital asset market.
The Crypto Market Coendesk 20 reference index increased 1.1%.
Technical indicators point to the continuous force:
- Link experienced a strong correction of 14.4% of $ 13,972 to $ 13,557, followed by a strong recovery with a high volume support at $ 13,582.
- The remarkable resistance arose at $ 13,960-13.970, where the sales pressure intensified twice during the negotiation session.
- At 10:00 UTC, the price action marked a decisive break with the highest volume of the period (1,061,645 link).
- A new negotiation range established between $ 13,800-13,950, indicating a continuous potential of the upward trend if the volume remains supported.
- V-shaped recovery pattern with a strong purchase in the support zone of $ 13,785-13,790.
- The range of $ 13,830-13,840 is now established as a new potential support zone for continuous upward movement.
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