Chainlink (LINK), which started its upward trend in October, rose above $17 in the last days of December.
While LINK pleased its investors with this rise, it fell to 12 dollars with subsequent corrections.
At this point, while investors were waiting for a rising attack in LINK again, LINK analysis came from popular analyst Michael van de Poppe.
Stating that LINK is at the bottom levels and is now ready to rise, the analyst claimed that the rise could continue up to 25-30 dollars.
Stating that the $13.5 and $14.25 levels are important for LINK, Poppe said:
“LINK looks poised to continue its uptrend after sweeping the bottoms.
“As long as Chainlink remains above $13.50-14.25, the rise will likely continue towards $25-30.”
LINK continues to trade at $14.94 at the time of writing.
*This is not investment advice.