3 min readCHAINLINK (LINK/USD):
LINK, another prominent Altcoin, has also been struggling to gain momentum and show upward price movement. Currently trading at just over $11.00, could we see an increase in momentum in the coming months?
Looking more closely at the technicals, we can see that the price is currently holding support along this external ascending trend line. If it fails to hold this level, I will be watching closely to see how the price responds to the next support zone, marked around $9.00. The RSI indicator currently shows no signs of the price being overbought or oversold.
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The financial products offered by the Company are complex and come with a high risk of losing money rapidly due to leverage. These products may not be suitable for all investors. Before engaging, you should consider whether you understand how these leveraged products work and whether you can afford the high risk of losing your money.
The Company does not accept clients from the Restricted Jurisdictions as indicated in our website/ T&C. Some services or products may not be available in your jurisdiction.
The applicable legal entity and its respective products and services depend on the client’s country of residence and the entity with which the client has established a contractual relationship during registration.
