Explore LINK's potential to hit $12.98, supported by technical patterns, trading activity, and support level shaping its market trajectory
Additionally, analysis of traders’ activities reveals a surge in large transactions and a decline in NetFlow.
AMBCrypto has analyzed LINK’s potential path to the upside in the coming trading session, highlighting key levels to watch.LINK’s recent price drop has led to the formation of a double-bottom pattern, a bullish chart formation where the price touches the same low at different times before moving upward.
This concentration of buying activity suggests that LINK is currently in an accumulation phase, setting the stage for potential price increases moving forward.Recent data from IntoTheBlock reveals that traders are continuing to exhibit bullish behavior towards LINK, driven by trends observed in Exchange Netflow and large transactions.
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