Chainlink has been moving sideways for the last couple of years. Fundamentally, it is one of the few entities well-positioned to dominate the space. CCIP furthers Chainlink's dominance with a stronger use case and incentives built in for users to pay with Link. With the plethora of blockchains continuing, it is obvious that no one blockchain will rule them all and Chainlink CCIP will the the standard for cross-chain transactions.
Fundamentals aside, I am a technical trader, and the fundamentals allow me to invest with little fear, however, the trader in me salivates at this chart.
I have observed that tight pivot points cause explosive upside movement. In this chart, we have the one-year, two-year, and three-year pivots, stacked on top of each other with the Bollinger band centerline and linear regression line threading them. This indicates that any further upside in price could likely trigger huge upside when this MA crosses these pivots. With three pivots, fueling the price action, what you are seeing is essentially a launchpad that will send Link to the moon. I am expecting 5x plus easy in the next 16 months, but I would not be surprised to see Link eclipse all the resistance points in the 3-year chart relatively quickly.
Fundamentals aside, I am a technical trader, and the fundamentals allow me to invest with little fear, however, the trader in me salivates at this chart.
I have observed that tight pivot points cause explosive upside movement. In this chart, we have the one-year, two-year, and three-year pivots, stacked on top of each other with the Bollinger band centerline and linear regression line threading them. This indicates that any further upside in price could likely trigger huge upside when this MA crosses these pivots. With three pivots, fueling the price action, what you are seeing is essentially a launchpad that will send Link to the moon. I am expecting 5x plus easy in the next 16 months, but I would not be surprised to see Link eclipse all the resistance points in the 3-year chart relatively quickly.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.