$LINK

LINK Price Analysis

Brothers, LINK has been a bit unstable recently! In the short term, it seems that bulls have taken profits, resulting in an upward price adjustment. The negative divergence of RSI shows that the upward momentum has weakened and the bulls are under great pressure.

The key position is the 20-day moving average ($24.65). If it is lost, LINK may continue to fall to the support level of $23, which is not good news.

However, if the price can stand above $24.65, it means that buyers are buying on dips, and bulls still have a chance to push the price to the resistance level above $31, opening a new round of gains.

If $24.65 is held, the bulls will turn over; if it is lost, you must be alert to the risk of adjustment to $23!