Coin Gabbar Token

According to Chain Link price analysis, the LINK/USD pair is currently trading at $8.00, a slight decline from the daily high of $7.83.Since yesterday’s intraday low of $7.64, the major digital asset has been rising steadily. The LINK/USD pair is trading at $7.50, with resistance at $8.30.After rallying to an all-time high of $52, the price of <a href="https://www.coingabbar.com/en/crypto-currency/chainlink-link-prices-usd" rel="noopener noreferrer nofollow">Chainlink (LINK) </a>has dropped to its present value of $8 against tether (USDT). Despite the uncertainty regarding the market’s direction, just a few stocks have shown gains as Chainlink (LINK) stays in the spotlight.The price of LINK has maintained a downtrend structure, with a downtrend line acting as resistance, however this barrier has been breached, likely to the upside of the price.The price of LINK continues to face opposition to break higher at around $8.30, with a break and close in the vicinity of $8.30-$9 acting as resistance; the price of LINK may rise to a high of $10-$12.The LINK/USD pair’s daily chart shows that the currency has been on a bullish run since yesterday. The one-day Chainlink price analysis shows that the LINK price is on the rise, with the LINK price surpassing $8.00 on a bullish run.In the four-hour period, the price of LINK remains strong as it breaks above the William Alligator signal, indicating a potential trend reversal. The price of LINK broke to the upside of the indicator with high volume, and it has since remained above it. The Alligator Indicator’s three moving averages support the price of LINK in the 4H period.The LINK/USD pair has been on an uptrend from the low of $7.00, according to the Chainlink price analysis chart. The market has established higher highs and lower lows, indicating a positive trend. Price action has also broken out of the pair’s descending channel, which was serving as resistance.The upper Bollinger Band is now at $7.94, acting as immediate resistance for the pair, while the lower Bollinger Band is at $7.03, acting as immediate support. The RSI is now at 63.57, indicating that the market is in an overbought zone. The LINK price is now trading above the Moving Average indicator, indicating a positive trend. The moving average is now trading at $7.48, near to the support level.According to Price Analysis, The market capitalization of this LINK is estimated to be $3,921,509,528. The 24-hour trading volume for the same coin is around $596,920,913. LINK market capitalization has fallen by 5.75%. However, trade volume increased by 7.19% during intraday trading. The market capitalization to volume ratio is 0.1514.The first resistance level is seen at $8.30. The next significant obstacle is found at $8.80. A break above the $8.80 barrier level might signal the beginning of a new rising trend. In the aforementioned scenario, the price may rise to $9.30. Any more gains might push the price above the $10 level.If LINK fails to start a recovery phase over the $8.30 resistance level, it may continue to fall. On the downside, $7.600 provides major support. The next significant support level is $7.00. A decisive break below $6.00 might open the door for a move towards $5.40.KEY LEVELS :RESISTANCE LEVEL : $8.50-$9.50SUPPORT LEVEL : $7.40-$6.80<img src="https://academy-public.coinmarketcap.com/optimized-uploads/3fab1d35b9d144d3b57b2b59466e2224.png" />Bulls are bullish on CHAIN LINK as the price sustains over $8. Have you made an investment or not?Get more crypto related updates on :- <a href="https://www.coingabbar.com/en/crypto-news-english" rel="noopener noreferrer nofollow">https://www.coingabbar.com/en/crypto-news-english</a>

CHAIN LINK PRICE ANALYSIS : LINK/USD bullish above $8 as William Alligator indicator shows bullish signal

Coingabbar

Other articles published on Sep 17, 2022

Grayscale’s Entry Gives Ethereum Forked Tokens a Major Boost

SHIB Unveils Another Metaverse Artwork Concept

New partnership with Gauntlet!

ETHEREUM PRICE ANALYSIS : After a successful merger, the price of ETH is trading around $1400. why?

BITCOIN PRICE ANALYSIS : BTC gained support from the FIBO level. Bulls’ eyes are now over $20000

[Milestone] The TX amount of #AirCash has exceeded 40,000,000.00 USD.

Join our free newsletter for daily crypto updates!