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Chainlink Price Analysis: LINK sets higher low at $27, ready to break $30 resistance?

Chainlink Price Analysis: LINK sets higher low at $27, ready to break $30 resistance?


Cryptopolitan
2021-08-23 16:05:43
Chainlink Price Analysis: LINK sets higher low at $27, ready to break $30 resistance?

TL;DR Breakdown Chainlink price analysis is bullish for today.LINK/USD saw a quick retracement to the $27 mark yesterday.Bulls pushed LINK higher today. Chainlink price analysis is bullish for today as a new higher low was set yesterday, and the market price started to increase earlier today. Therefore, we expect LINK/USD to continue moving higher later today and attempt to breach the $30 mark next. Cryptocurrency heat map. Source: Coin360 The cryptocurrency market traded in the green over the last 24 hours. The market leader, Bitcoin, is up by 2.26 percent, while Ethereum is up by 4.74 percent. Meanwhile, Binance Coin (BNB) and Cardano (ADA) are among the best performers, gaining around 11 percent. Chainlink price movement in the last 24 hours: Chainlink sets a higher low at $27 LINK/USD traded in a range of $26.90 – $29.30, indicating a substantial amount of volatility. Meanwhile, the total trading volume has increased by 9.54 percent and totals $1.55 billion over the last 24 hours. The total market capitalization trades around $12.9 billion, ranking the coin in 12th place overall. LINK/USD 4-hour chart: LINK targets the $30 mark next? On the 4-hour chart, the Chainlink price can be seen to rally higher today as bulls prepare to test the $30 mark again. LINK/USD 4-hour chart. Source: TradingView The Chainlink price has rallied by more than 125 percent from the last swing low of $13.4, set on the 20th of July. Howe...

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