Chainlink

The price of Chainlink (LINK) has reached bullish exhaustion after retesting the $7.50 resistance level.

Chainlink (LINK) is in an uptrend after reaching a high of $7.50 on January 27. The uptrend is currently rejected at the recent high.

The price of Chainlink (LINK) is rising after reaching a high of $7.00 on January 14. Once the altcoin entered the overbought zone, the uptrend was broken. After a retracement above the moving average lines, the price of the cryptocurrency started to rise again.

The price of Chainlink (LINK) is in a bullish trend zone as buyers are holding the price above the moving average lines.

Chainlink (LINK) price has risen above the $5.77 support level, but was not able to surpass the 21-day line SMA. There is a risk that the altcoin will fall if it tries to break above the 21-day line SMA.

Chainlink (LINK) fell to a low of $5.42 on December 30. Bearish momentum fell below the prior low of $5.77 as bulls bought the dips.

The price of Chainlink (LINK) is falling and has dropped below its moving average lines. The cryptocurrency asset has returned to its current support level of $5.77.

Chainlink (LINK) price falls to its low at $5.77. The price broke below the moving average lines, accelerating the decline. In an overbought part of the market, the altcoin's price is now falling.

Chainlink (LINK) price has dropped below the moving average lines after being rejected at $7.80.