1
The BTC and USD pairs are above major EMAs.
2
In the last 24 hours, the long liquidations exceeded the short liquidation.
Chainlink is an ERC-20 token that runs on Ethereum, where developers can create their own tokens and use the Proof-of-Stake consensus method. This means that the nodes that validate the transactions are basically chosen based on the quantity of how many tokens they stake.
LINK/USD & LINK/BTC Weekly Chart Evaluation
The LINK/USD chart demonstrates that the price zoomed from March 2020 generating new peaks and valleys along the way and reaching an all-time high by May 2021. LINK experienced a remarkable 50x increase in price during the previous bull market.
However, it faced a sharp decline as investors took profits and settled at a support level of $15. It then rose again but met strong resistance at $32 and dropped significantly to a new support of $6. After consolidating for about 500 days, it gained momentum and reached $15
We współpracy z: https://www.thecoinrepublic.com/2023/11/18/can-link-price-overcome-hurdles-and-continue-advancing/
