ChainLink

LINK/USDT 1DAY UPDATE BY CRYPTOSANDERS

Hello, welcome to this LINK/USD update by CRYPTO SANDERS.

CHART ANALYSIS:-chainlink (LINK) was also in the green in today’s session, with prices trading by as much as 7% higher.

LINK/USD rose to a peak of $7.17 earlier in today’s session, after falling to a floor at $6.57 the day prior.

Friday’s rally came after LINK bears failed to sustain a breakout at a long-term support point of $6.60.

However, bulls were able to move past a point of resistance at 50.00 on the RSI, which was one of the catalysts of today’s climb.

As of writing, the index is tracking at 52.71, which is close to a ceiling at the 54.00 zone.

In the short-term bulls may attempt to send the token to $7.50, however, there appear to be several obstacles the way that could prevent this.

I have tried to bring the best possible outcome to this chart.
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Thank you

Feragatname