Chainlink Price Analysis is bulish today.
Price set below $29.89 resistance after falling more than 8 percent
LINK/USD is currently at $30.
Chainlink‘s price analysis for the day indicates that after yesterday’s surge past its resistance level of $29.89, the token is now declining. Yesterday, price reached as high as $33.84 before sellers entered the market to reap profits. Currently, prices are at $29.79, down more than 8 percent from yesterday’s value.
Chainlink has broken key support levels on the three-hour chart. To recover, prices will need to hold above the $22.50 level.
Price set below $29.89 resistance after falling more than 8 percent
LINK/USD is currently at $30.
Chainlink‘s price analysis for the day indicates that after yesterday’s surge past its resistance level of $29.89, the token is now declining. Yesterday, price reached as high as $33.84 before sellers entered the market to reap profits. Currently, prices are at $29.79, down more than 8 percent from yesterday’s value.
Chainlink has broken key support levels on the three-hour chart. To recover, prices will need to hold above the $22.50 level.