Chainlink Price Analysis: Rising RSI Bolster LINK Price for Pattern Fakeout

Chainlink Price Analysis: Rising RSI Bolster LINK Price for Pattern Fakeout

The prolonged retest phase of the falling wedge pattern indicates a lack of commitment from sellers to continue the prevailing downtrend. The buyers may take advantage of this consolidation to trigger a false pattern breakout. Thus, the expected breakout from the overhead trendline and $8 may open a recovery opportunity…
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Source: CoinGape
Posted: 9 minutes ago