Coin Gabbar Token

<h2 id="header-0">Analysing the Chainlink chart, LINK finds support at $6.50 after being rejected at $7.00. While the price has maintained above $6.90, the bearish pressure has not yet gone fully.</h2>The Chainlink price analysis shows that the cryptocurrency is in a downward trading channel, and despite bulls trying to break through the $7.00 barrier, the price has only continued to fall. At time of writing, the price finds short-term support at $6.50, but the asset&#39;s strong bearish dominance makes it challenging to climb upwards.Traders could predict <a href="https://www.coingabbar.com/en/crypto-currency/chainlink-link-prices-usd" rel="noopener noreferrer nofollow">LINK</a> to trade sideways between $6.50 and $7.00 as bulls and bears battle for leadership. This hypothesis is supported by technical indicators, which show a bullish rebound in the near term but a significant bearish dominance in the four and twenty-four-hour charts.ChainLink price analysis suggests that the market has completed a bullish movement, gaining significant positive momentum, suggesting an increase in positivity for the LINK market. ChainLink&#39;s pricing has remained favourable in recent hours. However, the market quickly began to increase in value and gained more value. Furthermore, ChainLink has reached a high of $7.00, just below the $8 level.The upper Bollinger band is at $8.20 and the lower Bollinger band is at $6.52, indicating a favourable trend in the market. The daily Relative Strength Index (RSI) is 45.73, indicating that the market is in a buy trend. The blue MACD line is above the red signal line, suggesting a bullish trend in the market.Accordign to <a href="https://www.coingabbar.com/en/price-analysis" rel="noopener noreferrer nofollow">Price Analysis</a>, The market capitalization of this LINK is estimated to be $3,426,804,177. The 24-hour trading volume for the coin is around $593,882,649. LINK market capitalization has risen by 1.74%. However, trade volume increased by 36.59% during intraday trading. The market capitalization to volume ratio is 0.1733.The first major barrier is at $7.40. The next major hurdle is $8.20. Any more gains might open the door for a move towards the $9.00 barrier in the near term. Above $9.00, LINK may soon hit $10.60 level.If CHAINLINK fails to break over the $7.40 barrier level, it may continue to fall to $6.50. On the downside, the initial support level is $6.00. The next major support level is $5.50. If the price falls below $5.50, it might fall below $4.50.KEY LEVELS :RESISTANCE LEVEL : $7.50-$8.20SUPPORT LEVEL : $6.50-$6.00The chart shows that CHAIN LINK does not break the Neckline of the Head and Shoulder pattern. Have you seen this level?

CHAIN LINK PRICE ANALYSIS CMP-$7: The $6 remains a barrier for the bear

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