Crypto para Analysis Company Macrovision, Chainlink (LINK) He published his new technical assessment for the price. The report argues that LINK is still in a fall trend and re -tested a critical support zone.
The reaction to this level may play a key role in determining the direction of the price.
The red trend line used in the technical analysis of the analysis company continues to work as a dynamic resistance and so far there is no signal of structure change. Link price is located at the intersection of the green rising trend line with horizontal support between $ 12,60–12.90.
However, according to the analysis company, the range of $ 12.60–12.90 is a strong support area that has been tested many times before. Breaking this level can lead to the continuation of the decline trend. However, if support is maintained, a short -term recovery and a higher bottom formation may be possible. If the support is broken, the next strong support zone stands out as a $ 10.80–11.00 band.
On the resistance side, the range of $ 16.60–17.20 is considered as a critical resistance area for a possible trend return. If this region is exceeded, a medium -term rise momentum can be triggered.
*It is not an investment advice.
For special news, analyzes and on-achain data Telegram Our group, Twitter Our account and Youtube Follow our channel now! Moreover Android ve IOS Start Live Price Tracking by downloading our applications!
Source: https://www.bitcoinsistemi.com/chainlink-link-bogaya-mi-hazirlaniyor-yoksa-ayi-mi-hakim-olacak-analiz-sirketi-teknik-analiz-yayinladi/
