#创作者成长激励计划  Altcoins are recovering: LINK coin growth is a matter of time.

While Bitcoin and Ethereum are rising, Chainlink (LINK) coin was one of the best performing altcoins. LINK coin grew by 22 percent in the last week and increased by 10 percent in the last 24 hours alone. LINK, which has recently reached $15, has broken the $13 resistance that has been going on for weeks and gained momentum to rise to $15.

Important developments that excited analysts for Chainlink were the partnership with the TDC board and the SCALE initiative to accelerate ecosystem growth. Micheal va de Poppe, who discussed the growth of the Chainlink ecosystem, drew attention to the intense activity of LINK coin to establish partnerships in the US.

The analyst, who stated that the growth around Chainlink has not yet been reflected in the prices, thinks that the altcoin price can gain a strong momentum in the current momentum. Another analyst who discusses the LINK price The analyst, who shares on social media, points out that if the LINK coin holds above $ 15, it can rise above $ 25.

LINK current price view.

The LINK price is currently trading in the $ 14.90 region. The altcoin, which rose above $ 15.22 with the momentum in the market in the early trading hours, retreated to $ 14.64 with a short-term pullback. If it can hold above this level with the optimism in the market, it can rise above $ 16, the highest peak of last March.

In the basic technical chart, the current price breaking the upper support of the Bollinger Bands indicates that price volatility may continue. The MACD indicator breaking above zero after a long period is interpreted as an increase in the positive signal. If the current price candle manages to break the 100-day EMA at $ 15.54, the price may gain strength.

Finally, the Relative Strength Index (RSI) is at 63 and moving towards the overbought zone. Although the basic technical chart of LINK coin generally gives an upward signal, the pullback in the market may increase panic sales. In such a scenario, the $ 14 and $ 12 levels should be followed.