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DID CHAINLINK (LINK) JUST FLASH THIS BULLISH INDICATOR?? Cryptocurrency Analysis 2020
Chainlink has been more or less boring since we saw the all-time high right at the $20 level. Despite some action that's allowed the indicators to cool down, we could be looking at this HUGE indicator flashing a bullish sign!!
Decentralized oracles are going to be extremely important in the Decentralized Finance (DeFi) space, and we know that Chainlink (LINK) will be one of the most popular and biggest ones. The tokenomics of LINK are great as well, so I think we could be looking at a LOT of fun things coming from this chart.
Let's take a look at the analysis of this chart, and perform some important technical and fundamental analysis on this chart for Chainklink (LINK).
The community and sentiment around LINK are still very strong, so we will very likely see this one remain in the crypto top 10. I can't see many cases where we still won't see this crypto get growth over the next year or so. Chainlink in 2020 might see it's the year? Chainlink will also see a very good year in 2021.
Chainlink news has still been great, and the project is getting development and integration constantly. We will look at some of the market analyses around sentiment which can be an indication as to why we are seeing these types of market pullbacks. When prices pull back, there's less interest, which creates less buying and then prices fall easier. Ultimately, once we find a floor and longer support, buying will come in again, and then the interest will return as well. This will then drive up Chainlink's (LINK) crypto coin price and then the news surrounding the cryptocurrency will go up as well and then we will be off to our next parabolic move.
In this video and channel: LINK Chainlink coin, discussing the LINK coin price, reviewing LINK news, and conducting a LINK coin review, Chainlink predictions, Chainlink analysis, and more!!!
Are we heading back to the all-time high for the Chainlink (LINK) crypto price predictions?? Where can LINK go? Post your thoughts and predictions below in the comments!!!
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The content in this video is my own personal opinion which I have made from my own personal analysis. The views are my own beliefs. Always be cautious when investing in cryptocurrencies. This should not be treated as financial advice. Never invest more than you can afford to lose.
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