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CoinGape 2022-06-05 17:56:49

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 for Chainlink(LINK) price. Key points: The post Chainlink Price Analysis: Rising RSI Bolster LINK Price for Pattern Fakeout appeared first on CoinGape.

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