June 21, 2022

Chainlink Consolidates Above $5.50 but Unable to Sustain Above $8

Chainlink (LINK) Long-Term Analysis: BearishChainlink’s (LINK) price has fallen below the moving averages as it is unable to sustain above $8. Presently, the upward move is facing rejection at the 21-day line SMA. Nonetheless, Chainlink will regain bullish momentum if the bulls break above th...

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June 13, 2022

Chainlink Faces Stiff Resistance at the Recent High, Drops Sharply to $5.50 Low

Chainlink (LINK) Long-Term Analysis: BearishChainlink (LINK) is in a downtrend as it drops sharply to $5.50 Low. In the previous price action, the bulls broke the 21-day line SMA but fail to break the 50 –day line SMA. The bullish scenario has been invalidated as the altcoin faces rejection at the ...

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June 06, 2022

Chainlink Is Unable to Sustain above $8 as It Resumes Range Bound Move

Chainlink (LINK) Long-Term Analysis: BearishChainlink (LINK) is in a downward correction as it resumes range bound move. The bulls have broken above the 21-day line SMA twice but could break the resistance at $8. Presently, the crypto is fluctuating between $6.20 and $8 price levels. On the upside,...

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May 31, 2022

Chainlink Makes Positive Moves but Faces Rejection at $8 High

Chainlink (LINK) Long-Term Analysis: RangingChainlink’s (LINK) price holds above the current support but faces rejection at $8 high. The bulls failed to keep the bullish momentum above the $8 high. On the upside, if the bulls break above the resistance at $8, the market will rally to the 50-d...

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May 24, 2022

Chainlink Fluctuates in a Tight Range as Bulls Attempt a Rally above $8

Chainlink (LINK) Long-Term Analysis: RangingChainlink’s (LINK) price has resumed a sideways move as it attempt a rally above $8. The sideways trend is characterized by small body indecisive candlesticks called Doji. Chainlink is fluctuating in a tight range between $5.50 and $8.00 price level...

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May 10, 2022

Chainlink Is Deeply Oversold as It May Further Decline to $8.36

Chainlink (LINK) Long-Term Analysis: BearishChainlink’s (LINK) price is in a downtrend as it further decline to $8.36. The bears have broken below the April 30 support at $10.66. On May 4, LINK’s price made an upward correction to the high of $12.21 which was repelled. The bulls could not sus...

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May 02, 2022

Chainlink Falls Significantly as It Rebounds Above $10.66

Chainlink (LINK) Long-Term Analysis: BearishChainlink’s (LINK) price is in a downtrend as it rebounds above $10.66 . The cryptocurrency has fallen to the oversold region of the market. The current downtrend is likely to subside as it reaches the oversold region of the market. Since April 30, ...

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April 25, 2022

Chainlink Reaches Oversold Region as Buyers Emerge Above $13 Support

Chainlink (LINK) Long-Term Analysis: BearishChainlink’s (LINK) price is in a downtrend as buyers emerge above $13 support. The cryptocurrency has fallen to the low of $12.98 at the time of writing. As bears break below the previous low, the market is expected to revisit the low of $12.44 pric...

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April 18, 2022

Chainlink Is in a Downtrend as the Altcoin Risks Further Decline to $11

Chainlink (LINK) Long-Term Analysis: BearishChainlink’s (LINK) price is in a downward correction as it risks further decline to $11 . For the past week, the altcoin has been consolidating above the current support. Following the recent breakdown, the selling pressure subsided as Chainlink res...

#Chainlink #LINK #LINK/USD #Price Analysis

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