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.
On September 13, the bitcoin price (BTC) came under selling pressure at the $22,794 resistance level. In the last 48 hours, the downtrend has been halted as Bitcoin consolidates above the $20,000 support.