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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