Chainlink Approaches $18.4 Resistance Amid Bullish Momentum and Increased Trading Volume
As of November 26, 4:02 PM EST, Chainlink ( LINK ) is trading at approximately $17.35, reflecting a slight decline of 1.64% from the previous close. The day’s trading range has spanned from $16.22 to $17.79.
Technical Indicators :
Relative Strength Index (RSI): The RSI is currently at 61.26, indicating neutral momentum.
Moving Averages:
50-Day Simple Moving Average (SMA): Approximately $14.72, with the current price above this medium-term trend indicator.
200-Day SMA: Around $14.72, with the current price also above this long-term average, suggesting a bullish trend.
MACD (Moving Average Convergence Divergence): The MACD is in the bullish zone, indicating upward momentum.
Support and Resistance Levels :
Support: Strong support is observed at $14.72, with additional support at $14.72.
Resistance: Immediate resistance is at $18.4, with a significant barrier at $22.
Read More: https://onthenode.com/cryptocurrency/chainlink-approaches-18-4-resistance-amid-bullish-momentum-and-increased-trading-volume
As of November 26, 4:02 PM EST, Chainlink ( LINK ) is trading at approximately $17.35, reflecting a slight decline of 1.64% from the previous close. The day’s trading range has spanned from $16.22 to $17.79.
Technical Indicators :
Relative Strength Index (RSI): The RSI is currently at 61.26, indicating neutral momentum.
Moving Averages:
50-Day Simple Moving Average (SMA): Approximately $14.72, with the current price above this medium-term trend indicator.
200-Day SMA: Around $14.72, with the current price also above this long-term average, suggesting a bullish trend.
MACD (Moving Average Convergence Divergence): The MACD is in the bullish zone, indicating upward momentum.
Support and Resistance Levels :
Support: Strong support is observed at $14.72, with additional support at $14.72.
Resistance: Immediate resistance is at $18.4, with a significant barrier at $22.
Read More: https://onthenode.com/cryptocurrency/chainlink-approaches-18-4-resistance-amid-bullish-momentum-and-increased-trading-volume
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