๐ฅ $LINK Technical Analysis: Breaking Multi-Year Resistance
๐ LINK has broken above the significant $25 level for the first time since late 2021, confirming a major trend reversal. After establishing a solid base around $12-13 throughout 2023, the price action shows accelerating momentum targeting key historical resistance zones at $29 and $39.
๐ฏ Critical technical levels:
Current price: $25.74 (+2.10%)
Historical resistance: $29 (2021-2022 consolidation zone)
Major resistance: $39 (2021 trading range)
Support: $20 (recent breakout level)
๐ซ The breakout from the 2022-2023 accumulation phase suggests strong institutional interest. While the immediate target sits at $29, the 2021 trading range indicates potential for extension toward $39 if current momentum persists. ๐ #XRPTrends #MicrosoftBTCInvestmentVote #XRPReclaimsTop3