* After a breakthrough past the level of psychological resistance at 0.000500BTC, LINK confirms the validation of the bull trend
* As Chainlink continues to grow, near term support is established at 0.000450BTC
* Chainlink (LINK) Price may rise 24% as project collaborates with Ethereum Classic (ETC)
LINK/BTC Daily Chart: Bullish
Another panic on the market can emerge from a reverse move. The primary support is located at 0.000450BTC– two days near term low. In this situation, the next biggest support on the daily chart is the 0.000362BTC grey zone, around the 50 moving average.
As reported recently on of 1 March 2020, LINK/BTC had risen from its low of 0.000362BTC to hit this recent surprising price feat, towards the price level of 0.000550BTC, which further validates the market with strong bullish momentum.
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