📊NEUTRAL: $LINK (1D)
#LINK USDT | #LINK | #Chainlink
Current Price $16.14
Market Cap $9.47B
Change 1h -0.49% | 24h +7.61%
Daily Indicators:
• RSI: 46 - Neutral 🟠
• MACD: -0 - Bearish 🔴
• EMA: 16 - Below 🔴
Analysis:
Currently bullish, $LINK is trading within a descending channel and has recently bounced off its middle line. It successfully broke above the daily MA50 and is now facing resistance at the MA100. With MACD and RSI showing promising signs, the uptrend could continue.
Price Targets:
Short-term targets for $LINK include: $18.332, $20.354, $22.375, and potentially reaching $25.253. Keep an eye on how it navigates the resistance levels within the channel!
