strong buy

LINK Could Shine as Cycle Extends to $50-$70

The LINK cryptocurrency might be remembered too late. On April 7, 2025, it reached the bottom of a downward impulse that started back in December 14, 2024. Previously, I thought the movement from August to December 2024 would be impulsive, but now it appears to have been a corrective wave — a triple correction, possibly forming a flat, with the potential for a rising zigzag pattern. The coin has all chances to continue its upward cycle, which began in June 2023. These current waves could be the start of wave "C" on a weekly timeframe. This scenario is considered because funds are not leaving the market, and the cycle may extend further. Additionally, the dominance of stablecoins could decrease, which would favor an increase in LINK. If the chart confirms this theory, the upward impulse might be sharp, similar to what has been illustrated in the screenshot. The ultimate trajectory could take various shapes; the key element is the direction, not the form. The global target price range is approximately $50-$70. I will only reconsider this scenario if LINK falls below $10.
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AI Analysis

The recent trading activity of LINK suggests a possible continuation of its bullish cycle, with the current lows indicating a completed correction wave. The wave structure, especially the formation of...

AI Recommendation

Given the current wave structure and market conditions, a cautious approach is advised. Investors might consider gradually accumulating LINK, especially if the chart confirms the start of a new impuls...

Disclaimer

The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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