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peacefuljustin
Dec 28, 2021 10:58 PM

Chainlink (LINK) Is Undervalued Long

Chainlink / United States DollarCoinbase

Description

As the major go to oracle in the crypto space that powers the majority of DeFi, Chainlink (LINK) is undervalued at these levels below the 0.236 Fibonacci level at $23. We're also in a trough on the weekly RSI's meaning we're pretty oversold. Chainlink has nice steady long term growth and I personally believe Chainlink under $20 is a steal long term. Point of Control (POC) is around $27.45 where the majority of price recognition has occurred.
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