Chainlink

Chainlink (LINK) has continued its downward move as the bears try to break the previous low at $15.05. Since July 1, LINK /USD has fluctuated between the $17.60 and $19 price levels. Today, the market fell to the $15.22 low after breaking the lower price area.

Today, the bulls are retesting the resistance level. Chainlink (LINK) is falling to revisit its previous low at $17.60. The altcoin will resume trending when the range-bound levels are broken.

Chainlink (LINK) price returns to previous low at $15.07 as price resumes consolidation above current support.

Chainlink (LINK) is in a downtrend. Today, the altcoin has fallen to a low of $16.02. On May 23, Chainlink hit the low of $15.04 as bulls bought the dips. In this price action, the crypto rallied to $35 high, but was resisted.

Chainlink's (LINK) price has fallen to the support above $20. This recent fall was a rejection from the high of $26. Buyers have been making a concerted effort to push Chainklink to the previous highs.

Chainlink (LINK) has continued its downward move as the crypto dropped to $21 low. The intense selling pressure above $35 interrupted the upward correction of the crypto.

Chainlink has resumed a downward move after retesting the $30 high. The selling pressure has continued as a result of the upward correction at the high of $32.

In the last bearish impulse of May 23, Chainlink slumped to $15.04 as bulls bought the dips. LINK price corrected up to $35 high but was resisted.

On May 19, LINK price plunged to $21 low and pulled back. However, the selling pressure resumed as the market slumped to $22.50. Since May 10, LINK price has been making a series of lower highs and lower lows.