The ChainLink LINK price is preparing for a good growth

28 Nov 2022

Today, we will consider the LINKUSDT price chart on the 3-day time frame

For the last six months, the LINKUSD price has been in a wide consolidation range of $5.50 - 9
Trading volumes in the range show that buying prevails, and therefore we can conclude that the "big player" is gaining long positions.

If in the coming days, the LINK price does not fall below $6, then in our opinion this is a signal for strong long.

The first task of buyers is to break out of this consolidation upwards, that is, to confidently consolidate above $9.
In the medium term, we see the following targets for the growth of the ChainLink token price: $12.50 - $14.80 - $17.50
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