Chainlink’s LINK price retested the $12.00 support zone. The price is now eyeing a recovery wave above the $13.50 and $15.00 resistance levels.
Chainlink price is showing bearish signs below the $15.00 resistance against the US dollar.
The price is trading below the $14.20 level and the 100 simple moving average (4 hours).
There is a key bearish trend line forming with resistance near $13.50 on the 4-hour chart of the LINK/USD pair (data source from Kraken).
The price could start a decent increase if it clears the $15.00 resistance zone.
Chainlink (LINK) Price Eyes Steady Increase
In the past few days, Chainlink saw a major decline from well above the $18.00 level. LINK price declined below the $15.00 pivot level to enter a short-term bearish zone, like Bitcoin and Ethereum.
The price tested the $12.00 support zone. A low was formed at $11.92 and the price is now attempting a recovery wave. There was a move above the $12.50 level. It even jumped above the 23.6% Fib retra
We współpracy z: https://www.newsbtc.com/analysis/link/link-price-eyes-recovery-15/
