LINK Price Eyes Recovery If It’s Able to Hold One Crucial Level
Chainlink’s LINK price retested the $12.00 support zone. The price is now eyeing a recovery wave above the $13.50 and $15.00 resistance levels. Chainlink price is showing bearish signs below the $15.00 resistance against the US dollar. The price is trading below the $14.20 level and the 100 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $13.50 on the 4-hour chart of the LINK/USD pair (data source from Kraken). The price could start a decent increase if it clears the $15.00 resistance zone. Chainlink (LINK) Price Eyes Steady Increase In the....
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LINK could drop to nearly $4 by December 2022 given its failure to close above a key resistance level despite strong whale accumulation. Chainlink (LINK) returned to mimic the broader crypto market downtrend as its price fell alongside top coins Bitcoin (BTC) and Ether (ETH) on Nov. 8. LINK plunged by as much as 10% into the day to reach $8. While BTC and ETH slipped by approximately 6.5% and 9%. That contrasts with the trend witnessed on Nov. 7, wherein LINK rallied 14% to $9.25, its three-month high, while BTC and ETH dropped 1.5% and 0.5%, respectively.LINK/USD two-hour price chart.....
Chainlink’s LINK price is holding the $5.75 support zone. The price could start a fresh increase if it clears the $6.25 resistance zone. Chainlink token price is showing positive signs above $6.0 against the US dollar. The price is trading above the $6.05 level and the 100 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $6.10 on the 4-hour chart of the LINK/USD pair (data source from Kraken). The price could gain bullish momentum above the $6.25 resistance zone. Chainlink (LINK) Price Eyes Fresh Recovery After a major decline, LINK price....
In past weeks, the Chainlink (LINK) price showed so much strength against tether (USDT) as the price of Chainlink broke out of a range as price rallied to a high of $10. The price of LINK has recently faced resistance to trend higher as the price eyes weekly support. (Data from Binance) Related Reading: Cradles’ New SIN System Allows You To Earn By Staking Into NFTs Of Elite Players Chainlink (LINK) Price Analysis On The Weekly Chart LINK prices have dropped from around $10 to $7, finding price trading in a range as the price of LINK tries to break out of this region. LINK saw a weekly....
All eyes are on Chainlink (LINK) as the altcoin market resumes its recovery. The price of the leading cryptocurrency has gained 25% in the past week, reclaiming the $13 support as buyers have flooded back in. Chainlink is primed to move higher in the weeks ahead, analysts say. They cite positive fundamental trends and technical […]
Chainlink (LINK) has faced significant volatility this week. Its price dropped over 13% from Monday’s high, bringing LINK to a critical support level of around $11.20. Traders and investors are closely monitoring this crucial area. Related Reading: LINK Surges 11% As Key Data Reveals Day Traders Are Locking Gains The importance of this level is further emphasized by on-chain data from Santiment, which shows that demand for LINK is cooling off. This adds to the uncertainty surrounding the asset’s near-term price action. The next few days will be pivotal as Chainlink hovers....