The MACd shows a bullish cross
The Chainlink (LINK) price has displayed a bull's presence this week as it followed an upward trendline and surged 9.18% on the basis of its price performance.
Additionally, on an intraday basis, the LINK has advanced 1.03%, where the price traded at $14.397 (at press time).
As per CoinMarketCap, its volume-to-market cap ratio stands at 2.67%. That exhibits comparatively low liquidity, followed by the last 24 hours of trading activity in the LINK crypto asset.
Looking further into the crypto world, the LINK has a market cap dominance of 0.36%.
The fear and greed index stays at 56, which illustrates that the sentiment of the BTC crypto appears to be neutral.
LINK crypto has been facing resistance from the higher levels through dynamic trendlines for a long time. The crypto has been consolidating inside a small range zone for a short span.
If LINK breaks further above $15.10, it might lead to trendline resistance next. If the bulls manage to push towards a higher level and push beyond the dynamic trendline resistance, huge gains could be witnessed on a daily.
The MACd shows a bullish cross, but 50-day and 200-day EMA's have formed a death cross on daily. Meanwhile, the RSI jumped beyond 14-SMA from lower levels, and it flashed at 47.6 at press time.
Additionally, on an intraday basis, the LINK has advanced 1.03%, where the price traded at $14.397 (at press time).
As per CoinMarketCap, its volume-to-market cap ratio stands at 2.67%. That exhibits comparatively low liquidity, followed by the last 24 hours of trading activity in the LINK crypto asset.
Looking further into the crypto world, the LINK has a market cap dominance of 0.36%.
The fear and greed index stays at 56, which illustrates that the sentiment of the BTC crypto appears to be neutral.
LINK crypto has been facing resistance from the higher levels through dynamic trendlines for a long time. The crypto has been consolidating inside a small range zone for a short span.
If LINK breaks further above $15.10, it might lead to trendline resistance next. If the bulls manage to push towards a higher level and push beyond the dynamic trendline resistance, huge gains could be witnessed on a daily.
The MACd shows a bullish cross, but 50-day and 200-day EMA's have formed a death cross on daily. Meanwhile, the RSI jumped beyond 14-SMA from lower levels, and it flashed at 47.6 at press time.
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