$LINK Overall, the chart #LINK remains optimistic in a bullish scenario. If we break the previous local maximum at $31, there is a high probability of breaking the global maximum, as long as the price holds support at $6.9. From the current price, which is the II wave, I see a reversal in III-VI-V waves with a target of $100 and above in the long term.
Support levels: $6.9 - $12.8
Resistance levels: $47 - $121
Cancellation point: $5
Fundamental factors that may lead to this growth:
1. Partnership with Pi Network - expansion of decentralized price oracles.
2. Support from PayPal - a sign of mass recognition.
3. Integration with ADGM (Abu Dhabi) - participation in the tokenization of assets worth a huge amount ($635 billion).