Chainlink breaks resistance area

LINKChainlink cryptocurrency recently broke through the resistance area located between the key resistance level 17.1 (which has been reversing the price from the middle of February, as you can see from the daily Chainlink chart below) intersecting with the 38.2% Fibonacci correction of the previous downward impulse from the middle of January.

 

Given the strongly bullish sentiment that can be seen across the crypto markets today – Chainlink cryptocurrency can be expected to rise further toward the next resistance level 19.4 (monthly top from February).

 LNKUSD - Primary Analysis - Mar-31 1232 PM (1 day)

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