Previous article Should you buy ChainLink after a huge breakout on the charts Next article Worlds First Bitcoin ICO Presale Ends 15th March Buy Now Buy Now Worlds First Bitcoin ICO Presale Ends 15th March Buy Now Buy Now Home Latest Cryptocurrency News Should you buy ChainLink after a huge breakout on the charts Should you buy ChainLink after a huge breakout on the charts By Benson Toti - min read Updated 21 March 2023 ChainLink (LINK/USD) has finally given the breakout that investors have long-awaited. Link is looking very bullish for the coming weeks and months and a huge rally could be coming soon. Link was up over 5% on Monday and investors could still enter before it’s too late. Link has been rejected by the $34 supply zone several times however on Monday Link has finally broken out from the zone. A breakout from this zone could be huge as some high targets could be achieved in the coming weeks. A bullish golden cross was also seen earlier this month which is confirming the bullish view on Link. An entry can be taken once the breakout is confirmed above the zone at $35. Link is a strong coin fundamentally thus it can be held for a longer-term as well and investors would also be taking a lower risk as the fundamental value is strong. A target of $45 can be set, followed by $52, and even a new all-time may be possible in the long run. A stop-loss can be kept at $29 as Link could fail the breakout like its previous attempts. Conclusion ChainLink is looking very bullish for the coming weeks and months, investors could take an entry above $35 and could hold it for a longer term as well due to its strong fundamentals. A target of $45 should be achieved soon, nevertheless, a stop loss should be maintained at $29. Share this article Categories Analysis