$LINK
🚨 Midterm Targets for LINK Price 🚨
The large-cap altcoin, with a fully diluted valuation of about $15.7 billion and a 24-hour average traded volume of about $604 million, has been attempting to recover from last week’s 10 per decline. In the daily timeframe, LINK price has established a rising trend since April 9, characterized by higher highs and higher lows. Moreover, the LINK price has already broken out and retested a falling wedge pattern established in the first quarter of 2025.
In the four-hour timeframe, LINK price has formed an inverse head and shoulders pattern, coupled with a rising divergence of the Relative Strength Index (RSI). As a result, LINK price is well positioned to rally towards the next short term target around $19.8.