BOSS Wallet data source, ChainLink today's market news, LINK latest price: $19.14, 24-hour increase 7.17%, trading volume $681 million
Based on candlestick chart analysis, it is currently in a consolidation trend. Slightly up compared to 17:00, slightly down compared to 16:00, has rebounded compared to 11:00, and decreased compared to 15:00. The synchronous increase in price and trading volume usually indicates strong buying support in the market.
Buyers are making large trades at higher price levels, indicating optimistic market sentiment and strong bullish sentiment. In this context, future prices may continue to rise as market momentum remains strong and buying pressure continues to flow in.
Investors should focus on the breakout of key resistance levels. If the price can consistently break through and stabilize at higher levels, it signals the continuation of an upward trend. In a consolidation trend, increased trading volume and synchronous rises in price and volume are observed.
The Williams indicator shows that the current state is neither overbought nor oversold. Recently, trading volume has increased, with volume rising compared to previous hours, and price and volume are both increasing: trading is active, and upward momentum is strong.
The market's upward momentum is strong, and it is recommended to continue holding and pay attention to the breakout of resistance levels.
The above content is for reference only and does not constitute investment advice.