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Van de Poppe Sees Chainlink Rally Above $9.42 Resistance

Guavy AI Editorial Team
Instruments
LINK
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Chainlink (LINK) is poised to surge in price according to trader Michaël van de Poppe, who notes that higher timeframes are only just beginning their upward trend.

The price action on the 4h chart shows LINK trading at $9.42 inside the Bollinger Bands with upper resistance at $9.81.

Despite a recent MACD death cross, which can indicate a bearish signal, the bullish structure above EMA50 support at $8.96 and EMA200 at $8.45 remains intact.

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Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

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