- Analyst Rekt Capital shared his technical analysis for LINK yesterday.
- The trader mentioned two key weekly price levels that traders will want to keep an eye on.
- In related news, LINK’s price has dropped more than 2% over the last 24 hours.
The crypto trader Rekt Capital (@rektcapital), tweeted his technical analysis for Chainlink (LINK) yesterday. In the tweet, the trader stated that LINK’s price is in the process of retesting a weekly support level.
O da katma that should the weekly support level at around $7.786 hold in this retest, then LINK’s price will rally higher in the weeks that will follow. The trader set the upside target for this rally at around $8.80.
On the other hand, should the support level at $7.786 fail to hold, then traders will want to keep an eye on the support level at $6.278. A bounce off of this level will see LINK’s price consolidate between $6.278 and $7.786 in the 2-3 weeks that will follow.
Basın zamanında, LINK'in fiyatı is down 2.72% over the last 24 hours according to CoinMarketCap. As a result, LINK is currently changing hands at $7.97. LINK’s price has also weakened against the two crypto market leaders, Bitcoin (BTC) ve Ethereum (ETH)son 4.84 saatte sırasıyla %3.39 ve %24 arttı.
The price of LINK is resting on the daily support level at $7.917. Should it break below this level before the end of today’s trading session, then LINK’s next target will be the support level at $7.506.
The daily RSI indicator on LINK’s chart suggests that LINK’s price has reached a peak, given that the daily RSI line has formed a peak and is now sloped slightly negatively towards oversold territory.
Yasal Uyarı: Bu fiyat analizinde paylaşılan tüm bilgiler ile birlikte görüş ve görüşler iyi niyetle yayınlanmaktadır. Okuyucular kendi araştırmalarını ve durum tespitlerini yapmalıdır. Okuyucu tarafından yapılan herhangi bir işlem kesinlikle kendi sorumluluğundadır. Coin Edition ve iştirakleri, herhangi bir doğrudan veya dolaylı hasar veya kayıptan sorumlu tutulamaz.
Source: https://coinedition.com/well-known-crypto-trader-shares-his-technical-analysis-for-link/