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Cryptopolitan 2021-08-30 05:16:48

Chainlink Price Analysis: LINK unable to offset bears at $25, will it manage high lows?

TL;DR Breakdown Chainlink price analysis is trading with mixed signals on the 24-hour chartLINK/USD traded within a tight daily range of $24.92 – $25.92LINK/USD has been unable to counter strong bearish forces which are neutralizing any slight bullish uptrend. Chainlink price analysis is trading with mixed signals on the 24-hour chart after the bulls got held back by strong bears at the $25 resistance. LINK/USD could take any direction from the $25 barrier depending on the olume of buyers/sellers that enter the market. Let’s look at the technicals, shall we?  Cryptocurrencies are trading with mixed signals in the overall market where BTC and ETH have both shed 0.79 percent; while ADA, BNB, and SOL have gained 1.74, 1.56, and 4.42 percent respectively. Solana is the best performer on the 24-hour chart.  Chainlink price movement in the last 24 hours: Chainlink stuck at $25 As per our Chainlink price analysis, LINK/USD has not posted any significant movements in the last 24 hours and still trades within a tight daily range of $24.92 – $25.92.  The daily trading volume witnessed an 11 percent drop to $717 million while the total market capitalization recorded a 2.2 percent to a sum total of $11.19 billion. Coin Market Cap ranks Chainlink at number #16 among the 20 leading altcoins by market capitalization.  LINK/USD 4-hour chart: LINK starts to rally On our 4-hour Chainlink price analysis, Chainlin...

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