Popular analyst Josh Rager maps the key levels for Bitcoin, Chainlink, and a low-cap altcoin.
He instructed his 179,600 Twitter followers that Chainlink could also be signaling a sign of a potential rally to $ 26.50.
“If the price pulls back, buy if it retests the breakout at $ 21 before it climbs to $ 26,550.”
The supply: Josh Rager / Twitter
Rager additionally calls for an explosion of the Harvest Finance (FARM) protocol for worthwhile agriculture. According to the analyst, FARM’s Total Value Locked (TVL) is at a excessive degree. This may act as a bullish catalyst taking the fledgling cryptocurrency to new heights.
“FARM has seen a wholesome surge since itemizing on Coinbase.
The harvest might entice extra consideration the second the TVL is comparatively excessive.
Despite the volatility, it is nonetheless good to go lengthy in anticipation of a increase within the close to future. “
Source: Josh Rager / Twitter
As for Bitcoin, Rager mentioned it has returned to vary and that the bulls might want to maintain agency to the midline of the vary at $ 35,291 to renew the uptrend.
“I feel you’d prefer to see one other improve in power, nevertheless it’s again in vary. Potential entries are discovered at $ 38k and $ 36.5,000.
To maintain the uptrend the bulls have to maintain the price above the midline of the vary. “
Source: Josh Rager / Twitter
At the time of writing, Bitcoin is trading at $ 39,742, in line with CoinGecko, down 5.8% over the previous 24 hours.
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According to Dailyhodl
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