Chainlink Breaks Yearly Downtrend as LINK Hits Highest Level Since January
0
0
- LINK surged nearly 7% in 24 hours and over 20% in the past month while volume rose 50%.
- Crypto Rand sees a bullish reversal after LINK broke above its yearly downtrend resistance.
- Santiment said that 13.5M LINK left exchanges in five weeks, reducing supply by 10.5%.
Chainlink extended its recovery this week as bullish on-chain data, rising social activity, and technical breakout signals pushed the token to its highest level since January.
LINK climbed nearly 7% over the past 24 hours and more than 20% over the past month. Trading activity also accelerated sharply, with daily volume jumping roughly 50% as the token reached an intraday high of $10.56.
Crypto analyst Crypto Rand said LINK was âtriggering the bullish reversalâ after breaking above its yearly downtrend resistance. The breakout followed months of lower highs and declining momentum across the broadâŠ
Read The Full Article Chainlink Breaks Yearly Downtrend as LINK Hits Highest Level Since January On Coin Edition.
0
0
Manage all your crypto, NFT and DeFi from one placeSecurely connect the portfolio youâre using to start.
0
0
0
0
0
0