*Here's the latest analysis update for LINKUSDT:*📌
Current Price and Trends
The current price of LINKUSDT is $13.05 USDT, with a 0.82% increase in the past 24 hours. The price has fallen by -1.05% over the last week, but its month performance shows a 9.95% increase.
Technical Analysis
Some analysts predict a bullish trend reversal, with a potential target price of $17. The price is forming a falling wedge on the daily timeframe, and a breakout could lead to an upward movement. thers warn of a potential drop, with a clear rejection from the $12.4 resistance area.
Key Levels to Watch
- Support: $11.28 and $11.18
- Resistance: $12.52 and $13.03
Trade Ideas
- Consider long positions on LINKUSDT for long-term, targeting $16.87
- Buy opportunities near the demand zone between $9.50 and $11.00
- Short positions with targets at $9.1
Keep in mind that cryptocurrency markets are highly volatile, and prices can fluctuate rapidly. Always do your own research and consider multiple sources before making investment decisions.