Chainlink (LINK) has surged, surpassing the $15 resistance level and indicating a bullish trend.
Despite the surge, there’s a notable distribution from its peak of $22, which declined over 35% in the last 30 days.
In a recent surge, Chainlink’s (LINK) price has showcased upward momentum, outpacing even the bullish momentum of Bitcoin following its halving event. This surge, propelling LINK up by 20%, has seen it surpass the significant resistance level of $15, firmly positioning itself above key moving averages and signaling a bullish trend.
Despite this upward momentum, recent price action reflects a noticeable distribution from its peak of $22, resulting in a decline of over 35% in the last 30 trading sessions. However, amidst this volatility, LINK has displayed multiple upward candlesticks this week, hinting at a potential reversal in its trajectory.
Currently priced at $15.53, with a daily gain of 4.98%, LINK appears to hover in a state of neutrality on the charts.
We współpracy z: https://thenewscrypto.com/chainlink-link-rides-bullish-wave-amid-market-uncertainty/
