Chainlink (LINK) fell to a low of $5.42 on December 30. Bearish momentum fell below the prior low of $5.77 as bulls bought the dips.
Chainlink price long-term analysis: bearish
Buyers are currently pushing the altcoin above the previous support. On the plus side, if the price of the cryptocurrency rises above the moving average lines or resistance at $6.00, Chainlink will rise to its previous high of $8.00. In other words, the price range from $5.50 to $7.50 marks the beginning of the cryptocurrency’s movement in a certain range. If the previous high is rejected, the altcoin will fall even further to a low of $3.92 or $4.00. At the time of writing, the altcoin reached a high of $5.57.
Grandininės nuorodos indikatoriaus ekranas
Chainlink’s Relative Strength Index for the 14 period is 34, showing that the cryptocurrency is moving towards oversold territory and is in a bearish trend. The current decline is due to the price bars being below the moving average lines. The daily stochastic value of 20 is currently trading below the Chainlink price.
techniniai rodikliai
Pagrindiniai atsparumo lygiai - 30 USD ir 35 USD
Pagrindiniai palaikymo lygiai - 10 USD ir 5 USD
Koks yra kitas „Chainlink“ žingsnis?
Although Chainlink has fallen below the $5.77 support level, the bulls have continued to buy the dips. On the downside, LINK price will fall to the 1.618 Fibonacci extension level or $3.93 if the current selling pressure continues. The oversold area of the market is where the cryptocurrency is currently trading.
Atsisakymas. Ši analizė ir prognozė yra asmeninė autoriaus nuomonė ir nėra rekomendacija pirkti ar parduoti kriptovaliutą ir neturėtų būti vertinama kaip „Coin Idol“ patvirtinimas. Prieš investuodami į fondus skaitytojai turėtų patys atlikti tyrimus.
Source: https://coinidol.com/chainlink-buyers-emerge/