August 04, 2024

Chainlink Hovers Above $11 As Bears Resume Their Decline

Chainlink (LINK) Long-Term Analysis: Bearish Chainlink’s (LINK) price falls below the moving average lines as bears resume their decline. Further upward movement of the cryptocurrency above the moving average lines is unlikely, as the coin’s price was repelled following a retest. The do...

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July 23, 2024

Chainlink’s Bullish Advance Stalls at $15 and Returns to Its Range

Chainlink (LINK) Long-Term Analysis: BearishChainlink’s (LINK) price returns to its range after breaking above the moving average lines. The value of the cryptocurrency asset has been rising since it reached a low of $11.07 on July 5. The bullish momentum ended after it reached a high of $15....

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July 10, 2024

Chainlink Enters the Oversold Region as It Rebounds Above $11.00

Chainlink (LINK) Long-Term Analysis: BearishChainlink’s (LINK) price has reached bearish exhaustion as it rebounds above $11.00. On July 5, the LINK price fell to a low of $11.07 before pulling back to start a range-bound move between $12 support and below the moving average lines. In the las...

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June 30, 2024

Chainlink Fluctuates above $13 as a Downturn Approaches

Chainlink (LINK) Long-Term Analysis: BearishChainlink’s (LINK) price has fallen below the moving average lines as a downturn approaches. On June 18 and 24, the bears tested the support at $13 and then pulled back. The cryptocurrency is currently trading in a narrow range between $13 and the r...

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June 25, 2024

Chainlink Rebounds as It Hits the $12.75 Critical Support

Chainlink (LINK) Long-Term Analysis: BearishChainlink’s (LINK) price has resumed its bullish ascent as it hits the $12.75 critical support. The present support has held since April 13 as the coin rises towards the moving averages. A break above the moving average lines will cause the altcoin ...

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June 21, 2024

Chainlink Enters Its Range but Remains above $13

 Chainlink (LINK) Long-Term Analysis: BearishChainlink’s (LINK) price has slipped below the moving average lines but remains above $13. The cryptocurrency failed to hit its prior high of $22. The altcoin dropped to a low of $12.95 before rebounding. Following its recent dip, the altcoin is re...

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June 07, 2024

Chainlink Swings To Its Range As It Faces Resistance At $19 

 Chainlink (LINK) Long-Term Analysis: BullishChainlink’s (LINK) price has fallen below the 21-day SMA as it faces resistance at $19. The bearish impetus has been expended, and the altcoin has resumed its upward trend. If buyers sustain the price above the 21-day SMA, the LINK price may advanc...

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June 04, 2024

Chainlink Dips Below Its Current Support as Buyers Recoup

 Chainlink (LINK) Long-Term Analysis: BullishChainlink’s (LINK) price has continued to rise as buyers recoup. Buyers hope to push the altcoin to its previous high of $22. Since May 27, the altcoin has been bouncing below the resistance level of $19. According to the price indicator, the LINK ...

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May 22, 2024

Chainlink Retreats as It Returns to Its Prior High of $22

Chainlink (LINK) Long-Term Analysis: BullishChainlink’s (LINK) price is retracing within the positive trend zone as it returns to its prior high of $22. On the May 20 rise, LINK price broke above the moving average lines, rallying to a high of $17.50 before being repulsed. The cryptocurrency ...

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