The analyst targets $ 52 as symbols of one million dollars star-news.press/wp

The price of Chainlink is trading at $ 22.37 today, April 15, a 5.5 % decrease in 24 hours. The analyst now says that the link may reach $ 52 due to its dual lower style. At the same time, the Link Reservation Reserve gained symbols of more than one million dollars.

The analyst targets the price of $ 52 per chain, as the double bottom shows

The encryption market has decreased today, but this does not mean that analysts fluctuate. In fact, they have maintained their expectations that the only possible path is to climb. One of these analysts is Cryptogoos, which mentions the creation of a dual bottom.

The double bottom like W style is formed, and it appears that even with some seizures, the bulls defend the level of the company’s support. When this happens, this is a sign that buyers have set the best level in which they enter new positions.

One of the things that the double bottom shows is that the strong upward trend is about to happen. Cryptogoos also replaces that, saying that if the gains persist, the next target price is $ 52. Interestingly, this is also the level where the record of Chainlink stands.

Double bottom is not the only ups in the Cryptogoos. It is also noted that there can be a reverse and shoulder head. Just like the double bottom, it also shows that the upscale merchants are about to control.

However, these expectations will not be ascending unless one case is met: breaking the resistance. The analyst determines that this is $ 36. The last time the binding price reached here in 2022. If he does it again, where he exceeded it and even returning again to confirm it as support, it will be more gains on the way.

One of the note things is the fact that the price of the long -term chain series price of 2025 indicates that it may continue to pay a higher.

Sainlink Reservate installs a million dollars icons

the ChainLink Reservate raised 44,109 links The codes are now worth more than a million dollars. What this means is that there is a new source of purchasing pressure on the market along with what is coming from immediate buyers. This is likely to prefer to perform the price of the upscale chain.

After this last purchase, The ChaINLINK Reserve now has more than 109662 links, which is worth more than $ 2.6 million. This is an important number, and when the accumulation continues, the price may move above.

The fresh batch was purchased a few days after purchasing some additional codes. Earlier this week, Coingepe reported that a link of $ 1.4 million was purchased by the same entity.

In sum, the price of Chainlink appears to be in a good place. This means that there are higher chances of moving up from moving down. Consider the double bottom and reserves, and reach the highest level ever at $ 52 in the cards.

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Welcome

Muthoni Mary is an analyst and writer in the experienced encryption market that has more than three years of experience deciphering Blockchain trends, price movements, and market dynamics. She holds a Bachelor’s degree in (Financial) Trade from Kenyatta University, and mixes the strong academic basis with the sharp eye of technical analysis and a deep understanding of the data on the series. Its work provides clear data -based visions that enable investors to move in the area of advanced digital assets with confidence. When the market does not analyze, Mary has reading and traveling.

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