LINK. 12h. First major target in the range $7-7.2.

21 Sep 2020

LINK's weakness over the past two weeks is actually impressive. Considering that it is the largest coin among the DeFi projects in terms of capitalization and the second in terms of trading volume. And then, the second it became quite recently, thanks to the launch of its DEX Uniswap coin for project management.

Globally, we see no reason to revise our previous Link idea regarding the fall to the range $7-7.2, since we consider it relevant.

However, there may be a local buyback of Link from the level $8.60.
Given the volatility of the coin, a rollback is possible to $10.5. And with a favorable news background, we see no growth problems even up to $12.
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