November 25, 2020

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LINK / USD Technical Analysis: Chainlink on new ATH up to 2060% in less than 2 years!

2 min read
LINK / USD Technical Analysis: Chainlink on new ATH up to 2060% in less than 2 years!

Today, we look at LINK, not so much in TA, but rather in its unbelievable growth of more than 2000% since 2018. We are noticing a new ATH that surpassed the original by a few tens of percent. Bitcoin’s short slump slowed LINK, but the slump is not significant at all.

 

[LINK / USD] In 2020 to present value: +146%

 

Link gets into the top 10 coins by capitalization. It is increasingly attracting attention by its growth, capitalization and its rebellious nature of not respecting the movement of Bitcoin. Link ended in 2019 with a profit of 545%, while already in the summer of 2018 has seen a bounce and is officially in the bull market.

 

LINK has reached the top 20 best coins by capitalization in 2 years and its current value is $ 4.35. At the moment in 2020 he started a short bullish which brought him a profit of 180.64% in 2020 and a new ATH. Today it reached 1.41%.

 

LINK / USD Technical Analysis: Chainlink on new ATH up to 2060% in less than 2 years!

 

LINK surprises the general public, analysts and laymen alike. Its growth since 2018, when it bounced off at $ 0.159, has been up to 2062% to its present value. Incredible growth in less than 2 years has led him to the top 20 capitalization, and although TA can not be done at LINK, because it respects neither Bitcoin’s movements nor the TA rules, it pays to watch and mention it here and there.

 

After 2019, many were expecting a huge crash after such an unbelievable bull market, but it did not happen. A short slump from the end of summer 2019 was replaced by a true bull run in 2020 and LINK reached the new ATH. In 2 months in 2020, we erased a short slump at the end of 2019 and outperformed the existing high values.

 

The question is, where can LINK grow over the coming years? Can it ever compete with such large coins as Bitcoin, Ripple or Ethereum? Many foreign analysts see LINK at values ​​above $ 10 per head as early as 2020. This year we saw a 180% pump and analysts agree that LINK will continue to grow.

 

 

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