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LINKUSD ChainLink Token

14.25
0.020 (0.14%)
10:15:28 - Realtime Data
Name Symbol Market Market Cap ($) Algorithm
ChainLink Token LINKUSD Crypto 8,366,174,591 Not Mineable
  Price Change Price Change % Current Price Bid Price Offer
  0.020 0.14% 14.25 14.24 14.24
High Price Low Price Open Price Prev. Close 52 Week Range
14.37 14.17 14.22 14.23 4.74 - 22.88
Exchange Last Trade Size Trade Price Currency
GDAX 10:15:16 25.85 14.25 USD
Price x Volume Volume Base Symbol Related Pairs
2,453,005.25 171,765.24 LINK LINKEUR LINKGBP LINKBTC

LINK Price Extends Increase, Will Chainlink Bulls Be Able to Hit $8.5 Milestone?

27/09/2023 6:08am

NEWSBTC


Chainlink’s LINK price is moving higher above the $7.25 resistance. The price is now consolidating gains and might aim for more upsides above $7.50. Chainlink price is showing positive signs above $7.25 against the US dollar. The price is trading above the $7.30 level and the 100 simple moving average (4 hours). There is a key bullish trend line forming with support near $7.25 on the 4-hour chart of the LINK/USD pair (data source from Kraken). The price could restart its increase unless there is a close below the $6.95 support. Chainlink (LINK) Price Eyes More Upsides In the last LINK price prediction, we discussed the chances of more gains above the $7.00 level against the US Dollar. The price did remain stable and extended gains above the $7.25 level. The price even broke the $7.50 level. Chainlink traded as high as $7.56 and outperformed Bitcoin and Ethereum. Recently, there was a minor downside correction below $7.40. The price tested the 23.6% Fib retracement level of the upward move from the $6.60 swing low to the $7.56 high. LINK is now trading above the $6.50 level and the 100 simple moving average (4 hours). There is also a key bullish trend line forming with support near $7.25 on the 4-hour chart of the LINK/USD pair. Source: LINKUSD on TradingView.com If there is a fresh increase, the price might face resistance near $7.45. The first major resistance is near the $7.50 zone. A clear break above $7.50 may possibly start a steady increase toward the $8.00 and $8.20 levels. The next major resistance is near the $8.50 level, above which the price could test $8.80. Are Dips Limited? If Chainlink’s price fails to climb above the $7.50 resistance level, there could be a downside extension. Initial support on the downside is near the $7.25 level. The next major support is near the $6.95 level or the 61.8% Fib retracement level of the upward move from the $6.60 swing low to the $7.56 high, below which the price might test the $6.80 level. Any more losses could lead LINK toward the $6.60 level in the near term. Technical Indicators 4 hours MACD – The MACD for LINK/USD is losing momentum in the bullish zone. 4 hours RSI (Relative Strength Index) – The RSI for LINK/USD is now above the 50 level. Major Support Levels – $7.25 and $6.95. Major Resistance Levels – $7.50 and $8.50.

1 Year ChainLink Token Chart

1 Year ChainLink Token Chart

1 Month ChainLink Token Chart

1 Month ChainLink Token Chart

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