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Major exponential moving averages support the LINK price.
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The LINK price has displayed a sign of revival as it bounced back from a critical level.
Chainlink is a network of decentralized oracles that provides real-world data to smart contracts on the Ethereum blockchain, enabling the creation of secure and reliable decentralized applications (DApps). LINK is the cryptocurrency token of the Chainlink network, used to pay for services within the ecosystem.
What the 3-Months LINK Open Interest Chart Shows
According to Coinglass, a cryptocurrency data analysis tool, open interest for Chainlink (LINK) is $294.31 million, down by 1.35% from the previous session.
The 24-hour long/short ratio is 0.9474, meaning there are more long positions than short positions. The total number of short positions that were opened in the last 24 hours is $245.26 thousand and long positions are $221.70 thousand.
The Coinglass website displays the LINK futures OI chart in
We współpracy z: https://www.thecoinrepublic.com/2023/11/24/chainlink-oi-volume-demonstrating-capability-to-rise-ahead/
