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CHAINLINK – ALTCOIN CHART ANALYSIS

 


Chainlink (LINK) is right inside our resistance zone, but we haven't been able to impulsively break out of this zone yet. This could also be due to the high RSI.


We are currently trading at around USD 7.90 and the volume is clearly decreasing. At the top we still have room to get the last high at around USD 8.10.


Initial support for a minor correction is around $7.50. Here are the 4H-EMA ribbons and the monthly support P, which could allow us to bounce.


The author has created this video for a technical analysis of Bitcoin, Ethereum, XRP, other altcoins and current news/events:

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