August 08, 2021

Chainlink (LINK) Slumps as It Faces Rejection at the $25 High

Chainlink (LINK) Long-Term Analysis: BullishChainlink’s (LINK) price has rallied to $25.09 but faced rejection at the recent high. The bulls could not sustain the bullish momentum above the recent high. Besides, the altcoin has been trading in the overbought region for the past week. Sellers ...

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August 01, 2021

Chainlink (LINK) Breaks $19 High, Resumes Fresh Uptrend

Chainlink (LINK) Long-Term Analysis: BullishChainlink’s (LINK) price has broken above the moving averages as the altcoin reached the high of $23.67. The altcoin is in the bullish trend zone. LINK price tends to rise in the bullish trend zone. Presently, the upward move is facing resistance at...

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July 28, 2021

Chainlink (LINK) Is Stuck below $17, Resumes Selling Pressure

Chainlink (LINK) Long-Term Analysis: BearishChainlink’s (LINK) price rallies to $17.50 high but could not break the resistance. After two days of downward correction, the crypto is facing rejection. Chainlink is said to reach the overbought region of the market. Sellers are likely to emerge a...

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July 19, 2021

Chainlink (LINK) Revisits $15.05 Support as Sellers Threaten to Short

Chainlink (LINK) Long-Term Analysis: BearishChainlink’s (LINK) price has fallen to the low of $15.41 on three occasions. LINK price is fluctuating above the current support. The market will correct upward if the current support holds. Otherwise, the selling pressure will resume as prices reac...

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July 11, 2021

Chainlink (LINK) Consolidates Above $18, May Move Upward

Chainlink (LINK) Long-Term Analysis: BearishSince June 22 bearish impulse, Chainlink (LINK) price corrected upward but was terminated at the $20 high. For the past two weeks, the altcoin has been consolidating above the $18.00 support. The crypto has been fluctuating between $17.60 and $19 price le...

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July 04, 2021

Chainlink (LINK) Holds above $15.05, Resumes Upward Move

Chainlink (LINK) Long-Term Analysis: BearishFollowing the bearish impulse on June 22, Chainlink (LINK) drops to the previous low above $15.07. The bulls bought the dips as price resumes consolidation above the current support. LINK is fluctuating between levels $16 and $20 high. However, the price ...

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June 27, 2021

Chainlink (LINK) Declines and Reaches Previous Low above $15.04

Chainlink (LINK) Long-Term Analysis: BearishChainlink (LINK) has fallen and it is trading at $16.87 at the time of writing. The market is declining as it revisits the previous low at $15.04. There is a tendency for price to continue falling on the downside if it breaks below the previous low. Meanw...

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June 20, 2021

Chainlink (LINK) Declines as Underlying Strength Weakens

Chainlink (LINK) Long-Term Analysis: BearishChainlink (LINK) slumps as the bears break the $20 support. The recent selling pressure was caused by the rejection at the $26 high. The price corrected upward twice and was rejected at $26. The bears retested the $20 support twice before it was breached....

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June 13, 2021

Chainlink (LINK) Falls and Attempts to Revisit the Previous Low at $16

Chainlink (LINK) Long-Term Analysis: BearishChainlink’s (LINK) price is making an upward correction after retesting the previous low at $20.50. The upward correction is approaching the high of $22.50.Chainlink is likely to face another rejection at the $22.20 high. The downtrend will resume i...

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