Late last week, Dave Portnoy, CEO of Barstool Sports, drew attention by announcing that he had invested $ 300,000 in Link.
The link price has dropped by 30% since then. Portnoy announced this week that it is exiting the crypto currency market due to the huge losses it has suffered.
According to information provided by the analytical company Santiment, the number of LINK addresses with 100,000 to 10 million tokens has been declining since August 6.
http://s11.picofile.com/file/8407147576/download.png
Link which currently ranks fifth in the digital currency market in terms of market value, has had a staggering trend over the past year and its price has increased eightfold since the beginning of 2020.
Following the price correction mentioned in the previous analysis, this digital currency corrected to its 50% level after touching the $ 20 target and faced an increase in buyer support by hitting the bottom of the bullish channel.
If the price crosses the resistance of $ 15.75, the cryptocurrency is expected to test the $ 20 target again.
On the other hand, $ 11.25 and $ 9 will be important support for the price.
Thanks for reading this article.
Good luck
The link price has dropped by 30% since then. Portnoy announced this week that it is exiting the crypto currency market due to the huge losses it has suffered.
According to information provided by the analytical company Santiment, the number of LINK addresses with 100,000 to 10 million tokens has been declining since August 6.
http://s11.picofile.com/file/8407147576/download.png
Link which currently ranks fifth in the digital currency market in terms of market value, has had a staggering trend over the past year and its price has increased eightfold since the beginning of 2020.
Following the price correction mentioned in the previous analysis, this digital currency corrected to its 50% level after touching the $ 20 target and faced an increase in buyer support by hitting the bottom of the bullish channel.
If the price crosses the resistance of $ 15.75, the cryptocurrency is expected to test the $ 20 target again.
On the other hand, $ 11.25 and $ 9 will be important support for the price.
Thanks for reading this article.
Good luck