- Chainlink is more than 5 %, and a decrease in the range of $ 17.
- Link trading volume increases by more than 82 %.
The encryption market began a harsh start, as 2.16 % fell in the maximum market to $ 3.19 trillion. The main assets have surrendered recent gains, and test previous support levels. From Altcoins, Chainlink (Link) has a blow, and has decreased 5.35 % in the past 24 hours.
Open the link today commerce At about $ 19, despite climbing above, Altcoin pointed out a negative correction and pressed $ 17.14. At the time of writing this report, Chainlink trades at $ 17.61.
During this period, the market witnessed a link worth $ 2.31 million, according to Coinglass Data. Meanwhile, the daily asset trading volume increased to $ 682 million.
The price of Chainlink has decreased by more than 27.83 % in the past thirty days. The month started trading at $ 24, and the LINK price fell steadily towards obtaining the lowest level per month at the mark of $ 16.94.
Can it link the opposite of its losses?
The LINK price may decrease sharply towards the $ 15 support area if the current price momentum fails to support. In a very declining scenario, the original may pushing sharply to $ 12.37 or even less.
On the upper side, the reflection of the momentum can lead to a constant construction that exceeds 20 dollars. The extended gains may bring a re -test when resisting $ 23.26. If LINK keeps stable price, it may be high.
The MAID MACD and the signal line from the lainlink are found at the bottom of the zero line, which indicates the landing cross. The current momentum is weak, and the original suffers from the pressure pressure.
Moreover, the CHIKIN (CMF) is placed at 0.06, indicating moderate purchase pressure and flow inside the market. At the same time, the daily trading volume in Chainlink increased by more than 82.32 %.
Link Market Feelings In a weak declining area where the daily relative strength index (RSI) is settled at 42.27. The value of the PULL Bear Power (BBP) of the -0.5269 indicates that the bears have a simple advantage in the market.
Release responsibility: The opinion expressed in this article is only the author. It does not represent any investment advice. TENEWSCRYPTO team encourages everyone to conduct their own research before investing.
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