Chainlink

<ul><li>LINK&#39;s pivotal $13.000 support faces a critical test amidst heightened selling pressure and resistance at $16.000 and $18.000.</li><li>RSI at 29.53 indicates oversold conditions, possibly signaling a near-term reversal for Chainlink.</li><li>$11.46 current price reflects a 13.62% decline, emphasizing prevailing bearish sentiment for Chainlink.</li></ul><a href="https://cryptotale.org/chainlink-unlocks-295-million-in-link-tokens-transfers-264-million-to-binance/" rel="noopener noreferrer nofollow">Chainlink</a> faces a critical juncture, teetering near the pivotal $13.000 support level, as underscored by analyst <a href="https://x.com/SatoshiFlipper/status/1808944372983214297" rel="noopener noreferrer nofollow">Satoshi Flipper</a>. Historically, LINK has displayed notable volatility, oscillating from a low of $5.600 to a high peak of $22.868. Presently, the token stands at $13.004, with its recent trajectory indicating a struggle near crucial resistance and support zones.<img src="https://lh7-us.googleusercontent.com/docsz/AD_4nXcP6v3K2keDmk6zBx8PbT8f8OXl9S5jAFgwHwWs7l5YuaYnn8ucLL7U3GWSpSqS4FsQjQkCl8vHnrO1uvKjjEfo8SOJHdbYgSvnh05-NCSG909syjbwo_cDkITYxmp2ZElg5K9jGnnoPdQiQk7vUdMqkEub?key&#61;kJjhj0q1DUlD_2HnnrvFdw" />The $13.000 mark has emerged as a significant support level, having withstood multiple tests, underscoring robust buying interest whenever prices approach this threshold. Conversely, the peak at $22.868 poses a formidable resistance barrier, coupled with intermediate hurdles at $18.000 and $16.000, where prior attempts at upward momentum were halted.<a href="https://cryptotale.org/chainlink-faces-make-or-break-moment-at-13-analyst-insights/" rel="noopener noreferrer nofollow">Read more on CryptoTale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

Chainlink Faces Make-or-Break Moment at $13: Analyst Insights

CryptoTale

Alte articole publicate pe 6 iul. 2024

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