Chainlink reached an all-time high of $20 on 16 August 2020 before seeing a contraction in price down to $7.30 on 23 September. The price has spent the past few months recovering from the lows and most importantly found support at the 200 day moving average price. 
LINK has consolidated in that area for the past two week before a bullish resurgence on 01 January.
Chainlink's price is now trading above both the 30 day exponential moving average (EMA) and the 200 day simple moving average (SMA) which is rising steadily.
MACD has turned bullish and the RSI sits at 54.11 in positive territory confirming the bullish sentiment.
LINK has consolidated in that area for the past two week before a bullish resurgence on 01 January. Chainlink's price is now trading above both the 30 day exponential moving average (EMA) and the 200 day simple moving average (SMA) which is rising steadily.
MACD has turned bullish and the RSI sits at 54.11 in positive territory confirming the bullish sentiment.
Penafian
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.