The price of Chainlink (LINK) is in the zone of uptrend after the price rose above the moving averages.
LINK continued its uptrend to the high of $28.70. Buyers could not continue the bullish momentum above the recent high as the market reached an overbought region.
As a result, Chainlink eased and found support above the low at $24 or the 21-day moving average line. Bullish momentum has resumed above $24 support. If the current resistance is broken, Chainlink will rise to the previous high of $34.50. On the other hand, if the bears break below $24 support, the market will fall to a low of $19. At press time, Chainlink is trading at $25.68.
Grandinėlės indikatoriaus rodmenys
The altcoin is at level 56 of the Relative Strength Index for period 14. The altcoin is in the bullish trend zone despite the earlier retracement. The altcoin is facing rejection. The price of the cryptocurrency is above the moving averages today, indicating a possible upward movement. Chainlink is below the 80% area of the daily stochastic. The bearish momentum is volatile.
Techniniai rodikliai:
Pagrindiniai pasipriešinimo lygiai - 55 60 USD ir XNUMX XNUMX USD
Pagrindiniai palaikymo lygiai - 20 15 USD ir XNUMX XNUMX USD
Koks kitas „Chainlink“ žingsnis?
LINK/USD has resumed its bullish momentum. The only obstacle is resistance at $28. The uptrend will resume once the recent high is broken. In the meantime, the uptrend from January 11 has a candle body that tested the 61.8% Fibonacci retracement level. The retracement suggests that LINK will rise to the Fibonacci extension level of 1.618 or the high of $34.54.
Atsakomybės apribojimas. Ši analizė ir prognozė yra asmeninės autoriaus nuomonės ir nėra rekomendacija pirkti ar parduoti kriptovaliutą ir neturėtų būti vertinama kaip „Coin Idol“ pritarimas. Prieš investuodami lėšas, skaitytojai turėtų patys atlikti tyrimus.
Source: https://coinidol.com/chainlink-price-surge/