July 25, 2023

Chainlink Retraces to the $7.20 Breakout Level after Being Overbought

Chainlink (LINK) Long-Term Analysis: BullishThe price of Chainlink (LINK) reaches a high of $8.44 but retraces to the $7.20 breakout level after being overbought. The altcoin is falling as it approaches the market’s overbought zone. On the downside, the market will continue to fall above the ...

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July 15, 2023

Chainlink Is Rising as It Looks for a High of $8.50

Chainlink (LINK) Long-Term Analysis: BullishThe price of Chainlink (LINK) has kept up its positive trend as it looks for a high of $8.50. As the altcoin continues to rise, the present positive trend has broken above the $6.69 barrier level. The price indicator has shown that prices will continue to...

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July 08, 2023

Chainlink Gains Ground as Its Bullish Ascent above $6.00 Resumes

Chainlink (LINK) Long-Term Analysis: BullishChainlink (LINK) price has retraced above the moving average lines and remained above it as its bullish ascent above $6.00 resumes. This means that a fresh upsurge is set to commence. At the high of $6.61, the previous rise was resisted. The price of cryp...

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July 01, 2023

Chainlink Surges as It Pursues the $7.50 Peak

Chainlink (LINK) Long-Term Analysis: BullishChainlink (LINK) has re-established bullish momentum as it pursues the $7.50 peak. The price indicator predicts that the crypto asset will rise to its previous peak. In the meantime, buyers have kept the price above the moving average lines . A retraced c...

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June 23, 2023

Chainlink Regains Momentum but Is Still Trading below $5.80

Chainlink (LINK) Long-Term Analysis: BearishThe price of Chainlink (LINK) has increased but is still trading below $5.80. The altcoin commenced consolidation above the $5.00 support after the price drop on June 10. On June 20, the altcoin rebounded and passed the 21-day SMA.The cryptocurrency will ...

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June 17, 2023

Chainlink Is Range Bound as It Holds above $5.00

Chainlink (LINK) Long-Term Analysis: RangingChainlink’s (LINK) price is fluctuating within a range as it holds above $5.00. The candlesticks demonstrate that neither buyers nor sellers are certain of the market’s course. The coin’s bearishness can no longer be increased. According...

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June 08, 2023

Chainlink Is Falling as It Strives to Reach Its $5.53 Low

Chainlink (LINK) Long-Term Analysis: BearishChainlink (LINK) is declining beneath the moving average’s lines as it strives to reach its $5.53 low.After breaching the $6.25 level support, the crypto asset is once again under selling pressure. As of the time of this writing, Chainlink is sellin...

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June 01, 2023

Chainlink Shows Bearish Fatigue as It Attempts to Reverse at $6.20

Chainlink (LINK) Long-Term Analysis: BearishChainlink (LINK) faces rejection of the 21-day SMA as it attempts to reverse at $6.20. The cryptocurrency’s value is decreasing as it approaches its previous low of $6.23. The bears have three times retested the current support. On the other hand, t...

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May 23, 2023

Chainlink Hits the $6.23 Low as It Reaches Bearish Exhaustion

Chainlink (LINK) Long-Term Analysis: BearishChainlink (LINK) downtrend has slowed as it reaches bearish exhaustion. The altcoin hit a low of $6.23 on May 11 and then started consolidating again above it. The crypto has hit bearish exhaustion based on the price signal. Below the current support, fur...

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