Chainlink Price Analysis for Today (November 24, 2024)

The current price of Chainlink ($LINK ) is $16.72, with a price decrease of -5.00% in the last 24 hours. LINK is currently available on 71 exchanges, and in the last 24 hours, 48,399,971 LINK coins have been exchanged, amounting to $809,312,262 in trading volume.

Today, Chainlink (LINK) opened at $17.37. This is -3.71% lower than the opening price. Despite a rally to $18.29, Chainlink (LINK) faced resistance and was unable to maintain the momentum to move higher. From the maximum price over the last 30 and 7 days, it has increased by 1.14%, and from the lowest recorded price during the same period, it has risen by 65.31% and 23.05%.

According to our analysis, LINK needs to stay above $15.05 to potentially move towards the first significant resistance level at $17.31. A breakout above $17.31 could lead to LINK rising to the next resistance level at $18.88. The third resistance is at $20.10.

If the price drops, the first support level to watch is $15.05. If this level does not hold, further decline may occur to the next support level at $13.46. $MANA $BETA