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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May 20, 2024

Chainlink Bounces But Falters Below The Barrier At $17

Chainlink (LINK) Long-Term Analysis: BullishChainlink’s (LINK) price has resumed a positive trend but falters below the barrier at $17. The bulls broke above the present range-bound trend and the $16 resistance level. The currency has reached a high of $17.19 at the time of writing. On the up...

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May 08, 2024

Chainlink Begins Its Rise but Encounters a $15.18 Barrier

Chainlink (LINK) Long-Term Analysis: BearishChainlink’s (LINK) price maintains vital support at $12.75 but encounters a $15.18 barrier. Since April 14, 2024, the LINK price has been moving in a range between the $12.75 support and the 21-day SMA, or resistance at $16. On May 1, the LINK price...

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April 29, 2024

Chainlink Loses Current Support and Risks Falling to $11.96

Chainlink (LINK) Long-Term Analysis: BearishChainlink’s (LINK) price begins a range-bound move above the $12.75 support and risks falling to $11.96. Since April 13, 2024, the cryptocurrency asset has traded above the $12.75 support but below the moving average lines and resistance at $16. For...

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April 24, 2024

Chainlink Halts Slide Above $12.75 But Remains Range-bound 

Chainlink (LINK) Long-Term Analysis: BearishChainlink’s (LINK) price has slipped to the bearish trend zone but remains range-bound. The crypto has been recovering from its prior downturn. The altcoin rallied to a high of $22.83 before falling to a low of $11.96. Bulls bought the dips, halting...

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April 13, 2024

Chainlink Revisits the $13.51 Low as It Recoups above Key Support

Chainlink (LINK) Long-Term Analysis: BearishChainlink’s (LINK) price has fallen below the moving average lines as it recoups above key support. Today, the altcoin has dropped to a low of $14.69 and may further decline. Previously, the altcoin traded in a range between the $17 breakout level a...

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April 04, 2024

Chainlink’s Price Stalls Above $17.66 as It Moves Within Its Range

Chainlink (LINK) Long-Term Analysis: BearishChainlink’s (LINK) price has fallen below the moving average lines, although the decrease has slowed as it moves within its range. The altcoin’s rising trend ended when it reached resistance at $22.83. The cryptocurrency is now trading in a ra...

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March 29, 2024

Chainlink Experiences a Second Rejection as It Hovers Above $18

Chainlink (LINK) Long-Term Analysis: BearishChainlink’s (LINK) price has fallen below the moving average lines as it hovers above $18. The recent rise ended when the altcoin dipped below the moving average lines twice. On March 11, the LINK price rose to a high of $22.83 before falling to a l...

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March 23, 2024

Chainlink’s Price Corrects Higher but Pauses Above $18

Chainlink (LINK) Long-Term Analysis: BearishChainlink’s (LINK) price has fallen below the moving average lines but pauses above $18. The altcoin declined below the moving average lines. On March 19, the LINK price surpassed the $16 support level as bulls purchased the dips. This is the second...

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