bullish

Rally

Litecoin

Chainlink

Gains

<p>The crypto market is plunging down! The drop in the Bitcoin price has slashed the prices of the majority of the tokens, including Chainlink &amp; Litecoin. Meanwhile, as the markets are trying to cope with the massive sell-offs, the bulls seem to be confident of these two top tokens. Therefore, as the prices of LINK &amp; LTC have initiated a rebound, they are expected to lead the top gainers for the day.&nbsp;</p>  
<h2 class="wp-block-heading" id="h-chainlink-poised-to-reclaim-25">Chainlink Poised to Reclaim $25</h2>  
<p>Chainlink is considered one of the strongest undervalued altcoins, which has more room to swell. The recent pullback dragged the levels from the highs above $27 to below $20 but the quick intervention of bulls has elevated the price to $22.87. The trading volume has reached close to $3 billion with a rise of over 31%, marking the growing dominance of the bulls. Therefore, the <a href="https://coinpedia.org/price-prediction/chainlink-price-prediction/" target="_blank" rel="noopener noreferrer nofollow">LINK price</a> is expected to revive a strong upswing to reach the resistance above $27 if the bulls manage to secure these levels before the end of the fortnight.&nbsp;</p>  
<figure class="wp-block-image"><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfC69T7mBCJafUUOhNMcGH-Q2Ez_F95zzf1VRgcpdJznkugwJckWKk3xobqYstsVCTbPCP0qI_zBf8-2xoWCoG5yvyNggmKhvT9RHgaYCMJyPNhTECL5_mzWSk8Z7ej542o5rgm?key=YpJc1gFmuBi2Say7Vi9k5K_R" alt="">
</figure>  
<p>Regardless of the recent pullback, the LINK price remains strong within the rising, expanding channel in the short term. The token rebounded after hitting the interim support at $20.56,&nbsp; indicating the bulls were vigilant. On the other hand, the OBV, the volume-based indicator, triggered a bullish divergence, suggesting the start of a bullish trend. Meanwhile, the MACD shows a drop in the selling pressure as the buying volume intensifies. Therefore, the Chainlink price is expected to rise to $24.92 in the next few hours and achieve $25 in a short while.&nbsp;</p>  
<h3 class="wp-block-heading" id="h-litecoin-price-poised-for-a-15-rebound">Litecoin Price Poised for a 15% Rebound</h3>  
<p>Ever since the breakout from the consolidation in November, the <a href="https://coinpedia.org/price-prediction/ltc-litecoin-price-prediction/" target="_blank" rel="noopener noreferrer nofollow">LTC price</a> has managed to range along the ascending support and mark the yearly highs above $145. This move attracted significant bearish activity, followed by a notable sell-off. However, the token is trying to validate a rebound, intending to surge above $120 before the day’s close.&nbsp;</p>  
<figure class="wp-block-image"><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXeYMEeumEn0KWc692ANB_UI5pEydlh_1hwLwHLzRf36lvzPmCUJWEQDXYDvlHG3rNQDYP3EMfHUWIlTMbTr3BMnIbian03v_ULOVlhHm5PDpycpdzmiCf3notBejMKzym4amwiO7w?key=YpJc1gFmuBi2Say7Vi9k5K_R" alt="">
</figure>  
<p>The short-term price action of Litecoin suggests the bulls have entered as the token defends the ascending support. Besides, the rebound in RSI levels also validates the claim, indicating a rise to immediate resistance at $121 may be imminent. Additionally, the +Di has reached the lower threshold and awaiting a rebound. This substantiates the bullish claim as the ADX is heading towards higher levels. Therefore, the DMI may rise and could probably undergo a bullish crossover in the next 24 to 36 hours, which may offer a strong boost to the LTC price, reclaiming $130.&nbsp;</p>

Bulls Back Chainlink & This Popular Altcoin-LINK Price to Lead the Rally With 10% Gains

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