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    Home»Latest News»LINK Price Prediction: Chainlink Aims for $14.50 Recovery Amid Bearis
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    Latest News

    LINK Price Prediction: Chainlink Aims for $14.50 Recovery Amid Bearis

    Bpay NewsBy Bpay News2 months ago1 Min Read
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    LINK price prediction indicates a possible recovery to $14.50 within two weeks, despite current bearish market conditions. The oversold Relative Strength Index (RSI) at 29.74 suggests a potential bounce from the $12.00 support level. This comes in light of a recent decline of 10.3%. The RSI is a key indicator used to assess whether an asset is overbought or oversold, and a value below 30 typically signals that the asset may be undervalued. Traders often look for such signals to identify potential buying opportunities. Analysts are watching closely to see if LINK can maintain support at $12.00, which has shown to be a critical level in previous market fluctuations. If LINK holds this support and the RSI recovers, it may strengthen the case for a rebound toward the $14.50 mark. Market sentiment remains cautious, but the indicators suggest a cautious optimism among traders.

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