Predicție de preț Chainlink: LINK Crypto va scăpa din această fază de consolidare?

  • Chainlink price prediction suggests the consolidation phase over the daily price chart.
  • LINK crypto has dropped below 20, 50, 100 and 200-days Daily Moving Average. 
  • Link Crypto must escape this consolidation to surge over the daily chart.

Since May 2022, according to Chainlink price prediction, the token has consolidated inside the long-term consolidation phase. The LINK cryptocurrency needs to climb to the top of the daily price chart’s long-term consolidation phase. In the meanwhile, in order to move up for its breakout from the consolidation phase, LINK cryptocurrency has to gather buyers. Volume, however, is shown to be below normal and must increase for LINK to signify its breakout.

With a current estimated price of $5.92, Chainlink has increased its market value by 0.15% over the previous 24 hours. During the intraday trading session, trade volume jumped by 6.70 percent. This suggests that purchasers are attempting to give LINK crypto a boost. The market cap to volume ratio is 0.04234. for LINK to record its breakthrough in a row.

On the daily price chart, the chainlink price forecast indicates that the token is in a phase of consolidation. As LINK surges into the upper price range of the long-term consolidation phase, volume change, which is now below normal, must increase. The price of LINK cryptocurrency has been stabilizing between $5.72 and $9.55.

What do Technical Indicators suggest about Chainlink Price?

Pentru chainlink price to officially exit the consolidation period on the daily price chart, buyers must assemble. Technical signs point to the LINK cryptocurrency’s sideways movement.

The LINK cryptocurrency’s consolidation period is displayed by the Relative Strength Index. At 38, the RSI is unchanged below neutrality. The sideways momentum of LINK crypto is visible in MACD. The MACD line is attempting to hold steady at this level in order to advance into the consolidation phase’s upper price range.

Rezumat

Since May 2022, according to Za price prediction, the token has consolidated inside the long-term consolidation phase. The LINK cryptocurrency needs to climb to the top of the daily price chart’s long-term consolidation phase. As LINK surges into the upper price range of the long-term consolidation phase, volume change, which is now below normal, must increase. Technical signs point to the LINK cryptocurrency’s sideways movement.

Nivele tehnice

Niveluri de asistență: 5.72 USD și 5.40 USD

Niveluri de rezistență: 6.50 USD și 7.70 USD

Declinare a responsabilităţii

Părerile și opiniile exprimate de autor sau de orice persoană menționată în acest articol sunt doar pentru idei informative și nu stabilesc sfaturi financiare, de investiții sau de altă natură. Investiția în sau tranzacționarea activelor cripto implică un risc de pierdere financiară.   

Nancy J. Allen
Ultimele postări de Nancy J. Allen (vezi toate)

Source: https://www.thecoinrepublic.com/2022/12/25/chainlink-price-prediction-will-link-crypto-escape-this-consolidation-phase/