February 28, 2022

Chainlink Declines to the Previous Low at $13, an Upward Resumption Is Likely

Chainlink (LINK) Long-Term Analysis: BearishChainlink’s (LINK) price is in a downward correction but an upward resumption is likely. On February 24, the bears broke the previous low at $13 but the bulls bought the dips. On February 24, the market declined to an oversold region at the low of $...

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February 21, 2022

Chainlink Is in a Downward Correction, Faces Resistance at $15

Chainlink (LINK) Long-Term Analysis: BearishChainlink’s (LINK) price is below the moving averages as it faces resistance at $15. Presently, the price is hovering above the $14 support. If the bears break below the $14 support, the altcoin will further decline. Meanwhile, on February 14 downtr...

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February 14, 2022

Chainlink Slumps to the Range-Bound Zone, Battles Resistance at $19

Chainlink (LINK) Long-Term Analysis: BearishChainlink’s (LINK) price has resumed downward correction as it battles resistance at $19. The previous bullish momentum broke above the 21-day line moving average but was hindered at the $19 resistance. Consequently, the market declined to the previ...

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February 07, 2022

Chainlink Breaks above $18 High, May Face Rejection at $19.06

Chainlink (LINK) Long-Term Analysis: BearishChainlink’s (LINK) price is in an upward move but may face rejection at $19.06. The cryptocurrency has been trading in a range between $14 and $18 price levels since January 24. The bulls have been making frantic efforts to break the $18 resistance ...

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January 31, 2022

Chainlink Upward Correction Is Stuck below $18, May Continue Sideways Move

Chainlink (LINK) Long-Term Analysis: BearishChainlink’s (LINK) price is in a downward correction but may continue sideways move. The upward correction was resisted at the $18 high. Meanwhile, since January 22, Chainlink has been trading in a tight range between $15 and $17 price levels. . Cha...

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January 17, 2022

Chainlink Retraces to $24 Low, Uptrend Is Likely

Chainlink (LINK) Long-Term Analysis: BullishChainlink’s (LINK) price has broken into the bullish trend zone indicating that an uptrend is likely. Presently, the uptrend has been interrupted as the altcoin dropped to a $24 low. The crypto is fluctuating above the current support or moving aver...

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January 10, 2022

Chainlink Regains Bullish Momentum, Battles the Resistance $28

Chainlink (LINK) Long-Term Analysis: BullishChainlink’s (LINK) price has regained bullish momentum but battles the resistance $28. Presently, the upward move is facing resistance at the $28 high. The $28 high is an overbought region of the market. The upward movement will be accelerated if th...

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January 03, 2022

Chainlink (LINK) Fluctuates Above $18.50 Support, Unable to Breach $24 High

Chainlink (LINK) Long-Term Analysis: BearishChainlink’s (LINK) price is in a downward correction but unable to breach $24 high . The selling pressure has reached bearish exhaustion. On December 27 uptrend; buyers broke above the 21-day line SMA but fail to break the 50-day line SMA twice. Con...

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December 19, 2021

Chainlink (LINK) Fluctuates in a Tight Range, Faces Rejection at $21

Chainlink (LINK) Long-Term Analysis: BearishChainlink’s (LINK) price is still in a downward correction as it faces rejection at $21. After the December 4 price slump, the cryptocurrency was fluctuating between $17.20 and $23. However, after the price correction and subsequent rejection on Dec...

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