bitcoin and litecoin 1xbet
Blockchain

Chainlink Price Prediction: Long-term (LINK) Value Forecast – June 15

line-app-link-cryptocurrency-token
  •  On May 23, the price of Chainlink had its $1.400 overhead resistance.
  • Nevertheless, the coin is facing resistance at the $2.0 price level.

LINK/USD Long-term Trend: Bullish

  • Resistance levels: $1.2000, $1.4000, $1.6000
  • Support levels: $0.8000, $0.6000, $0.4000

The LINK/USD pair was in the bullish trend zone. On May 23, the price of Chainlink had its $1.400 overhead resistance. The bulls were resisted and the LINK market had a downward correction to the support of the 12-day EMA and Later below the 12-day EMA and 26-day EMA. The crypto’s price is below the EMAs which suggest that price is likely to fall. However, from the price action, the bulls break above the EMAs to commence a range bound move above the EMAs.

On June 13, the price of Chainlink had a bullish break at the $1.400 price level. The bullish breakout broke through the resistance of $1.40 and reached a high of $2.0 price level. Nevertheless, the coin is facing resistance at the $2.0 price level.The stochastic is in the oversold region but above the 60% range which indicates that the price of Chainlink is in a bullish momentum and a buy signal.

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

Let’s block ads! (Why?)

Bitcoin Market Price Chart in RealTime

Source: BEG

loading...


Get News Update Daily - It is Your Right


Most Trending News On Sleekarena

Bafana Bafana footballer, Mark Batchelor, shot dead outside his home in Johannesburg

Lekki Pastor anointed and blessed with #3 million by Prophet Jeremiah Omoto Fufeyin

Oh No! Bayelsa Commissioner, Agatha Goma, Is Dead

Buhari, APC, INEC Object To Move By Atiku, PDP To Play Video At Tribunal

Meet The Male Besties Who Share Same Girlfriend, Claim They Both Love Her (Photo)

loading...
Buy or Sell Bitcoin and Litecoin
To Top