While Bitcoin was moving steadily and most Altcoins were falling, on June 12, Lina had a strong breakout. At the time of writing, the price of LINA/USDT is hovering at over $0.0142 up 16% on June 12.
Based on the Ichimoku cloud indicator, it can be seen that the future Kumo cloud is narrowing, the Senkou Span A is pointing up and tends to surpass the Senkou Span B. Hope for a strong rally.
![](https://public.bnbstatic.com/image/pgc/202306/4ffc9b2f3ca9fd13ee156e81d3f6b5e1.jpg)
The image above shows the RSI and the Stoch RSI, there is an oversold situation, the sellers are getting weaker, the RSI (50) and the Stoch RSI (14) have moved upwards, reinforcing the bullish potential for LINA.
Today, if LINA/USDT breaks above the overhead closing resistance at 0.14530, it is likely that LINA will head towards the 0.0157 resistance and beyond possibly the 0.022 resistance.
Conversely, if the market is influenced by the market and the bears take control, it is likely that LINA price will retest the support at $0.0128.
**This is a personal opinion, be careful when making your decision