Post
Topic
Board Altcoin Discussion
Topic OP
Chainlink and Tezos have increased by more than 150% - Will the uptrend continue
by
vietnamoi.vn
on 22/04/2020, 06:14:03 UTC
Both show some of the biggest and most volatile flows in the past twelve months. Since the March 12 crash, Chainlink has seen a 156% increase and Tezos has surged 152%.
Is Chainlink moving to a new all-time high? Looking back, the March 12 incident started at $ 3.80 for Chainlink. But, in just over a month, prices rebounded back to levels before the incident. Such a move often shows strength and interest from the buyer.

Tezos price is based on its last support at $ 2.08 and if this level is lost then a sharp decline to $ 1.78 or lower will be expected, and this is also confirmed. Get clear about the change of trend.

On the other hand, the nearest resistance area to watch out for is the zone from $ 2.24- $ 2.25. A clear rejection in this area also suggests that the current bull run has weakened, and the bears will return to control the market.

However, if the zone of $ 2.24- $ 2.25 can be conquered as a support zone, then the upside can extend to the zone of $ 2.50- $ 2.60. Such a move would be similar to Bitcoin moving to the $ 7,600- $ 8,000 zone.

Is this a good time to buy both coins?