LINK/USD Archives - Page 5 of 19

December 06, 2023

Chainlink Trends Sideways as Buyers Aim to Overcome the $16.58 Barrier

Chainlink (LINK) Long-Term Analysis: Bullish Chainlink (LINK) has been stuck at the recent high as buyers aim to overcome the $16.58 barrier. The inability of buyers to sustain the price above the recent high resulted in a sideways trend above the moving average lines. Buyers are currently driving ...

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November 29, 2023

Chainlink Falls to $13.42 As Bulls Purchase the Dips

Chainlink (LINK) Long-Term Analysis: Bullish Chainlink (LINK) remains above the 21-day moving average line as bulls purchase the dips. The bulls will purchase the dips whenever the bears breach the 21-day SMA. Bulls purchased the dips on November 27, when the bears broke through the 21-day SMA and ...

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November 22, 2023

Chainlink Continues to Rise as It Trades above $13.40

Chainlink (LINK) Long-Term Analysis: Bullish Since November 11, Chainlink’s (LINK) uptrend has been stopped around a high of $16.58 as it trades above $13.40. The altcoin has been trading between $12.80 and $17 during the last week. On November 21, the bears drove the price below the 21-day s...

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November 16, 2023

Chainlink Advances as the Crypto Aims At a High of $19

Chainlink (LINK) Long-Term Analysis: Bullish Chainlink (LINK) has maintained its upward trend as the crypto aims at a high of $19. The crypto retraced and found support above the $13 low or the 21-day simple moving average. The altcoin also has the benefit of continuing to rise because it is above ...

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November 08, 2023

Chainlink Enters Overbought Zone as It Risks Rejection at $13.33

Chainlink (LINK) Long-Term Analysis: Bullish Chainlink (LINK) resumes its upward trajectory as it risks rejection at $13.33. Since October 21, the rise has been continuous. However, the price movement has been halted for nearly a week at the $12 resistance level. Nonetheless, the bulls burst throug...

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October 31, 2023

Chainlink Price Outlook: Drops at Overbought Region $12

Chainlink (LINK) Long-Term Analysis: Bullish The price of Chainlink (LINK) has reached bullish exhaustion as it reaches the overbought region at $12. The cryptocurrency asset outperformed the $10.69 target price. The present upswing has come to a halt at the $12 barrier level. Extended candlestick ...

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October 26, 2023

Chainlink Approaches Overbought Territory as It Falls Below $11.50

Chainlink (LINK) Long-Term Analysis: Bullish Chainlink’s (LINK) price has resumed bullish momentum as it falls below $11.50. Since February 20, the overhead resistance has held. The bulls broke through the overhead barrier on October 21 to achieve a high of $11.79. The crypto asset has retrea...

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October 25, 2023

Chainlink (LINK/USD) Emerges from a Prolonged Sideway Market, Targeting Elevated Price Levels

From a broader time frame analysis of the Chainlink market, it appears to have been trading in a sideways range since January. The price has consistently oscillated within the range of $5.00 and $8.00, with occasional brief attempts to breach the $8.00 level since the year’s outset. However, ...

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October 18, 2023

Chainlink Loses Value as It Risks Further Decline to $6.57

Chainlink (LINK) Long-Term Analysis: Bearish Chainlink’s (LINK) price has fallen below the 21-day moving average line as it risks further decline to $6.57. The price of LINK is lower than the 21-day SMA but higher than the 50-day SMA. Since October 1, the cryptocurrency asset has been declini...

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