Chainlink Price Prediction: Will 20-day EMA Hold LINK Price?

Chainlink Price Prediction: Will 20-day EMA Hold LINK Price?

1
Chainlink’s price currently trades at $7.583 while witnessing a gain of 1.53% during the intraday trading session.
2
LINK price crashed more than 10% after reaching nearly $8.50.
3
The year-to-date return of Chainlink is 35.84%.
Chainlink (LINK) crypto price began to gain bullish momentum on September 12th from the support level of $5.80. The cryptocurrency price was stuck in a consolidation zone between $5.80 and $6.41 in the middle of August. The bullish momentum helped the price break the consolidation and rise above it. 
LINK price surged roughly 41.70% from the support level of $5.80. The asset price reached a high of $8.267. Chainlink’s price faced strong rejection near $8.25 and has been printing bearish candles for the last two days. 

Source: LINK/USDT By TradingView.
The current candle is bullish and may retest the $8.25 resistance level if bullish momentum prevails. If bulls can push the price above $8.25, there is a cl

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We współpracy z: https://www.thecoinrepublic.com/2023/10/03/chainlink-price-prediction-will-20-day-ema-hold-link-price/

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