Chainlink’s 40% Drop In The Past Month: Analyst Assess the Path to Recovery

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Chainlink’s 40% Drop In The Past Month: Analyst Assess the Path to Recovery - NewsBTC

Quick Summary:

This is a level that has historically marked selling exhaustion points.— Ali (@ali_charts) February 19, 2025 This metric, combined with observations of increased whale accumulation, suggests a complex picture where short-term pain could lead to long-term opportunity.

Elite identified ambitious price targets at $53, $100, and even $144, suggesting that the current phase might represent the early stages of a significant upward move.

Whale Moves Suggest A Big Rally—Analyst Analyst Outlook On Chainlink Ali, a renowned crypto analyst, recently shared his perspective on Chainlink’s current position.