Chainlink: Bull Market Phase Begins
Chainlink at $11.67 confirms bull market as EMA50 holds at $10.21 with MACD golden cross intact.
SourceAnalysis
Chainlink just entered bull market territory as noted by trader Michaël van de Poppe.
Price sits at $11.67 above the EMA50 support at $10.21 and EMA200 at $9.02, locking in the bullish structure. The MACD golden cross at 0.6 keeps momentum alive while RSI at 66.29 avoids overbought territory. Trading inside the Bollinger bands, LINK eyes the $12.46 upper band before any healthy retracement to the 50-EMA. This setup aligns with recent LINK price prediction models and broader crypto market analysis showing sustained strength over the past year.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast