Chainlink (LINK) Marks Moderate Fall Over the Last 24 Hours

Chainlink price movement has been quite satisfactory lately. From the last couple of months, the coin has been trading in a lower range. The traders were eagerly waiting for improvement, which started getting reflected from the beginning of the month LINK coin price was dealing at $2.74, and today it is at $2.9774.

Yesterday, Chainlink was dealing at a high of $3.08 and a low of $2.86. The volume noted in Chainlink was $157,665,192. Well, today, the price movement is likely to fall under market pressure.

Chainlink Price Prediction

Yesterday, Chainlink started dealing at $3.04353. In a few hours, the currency dropped to $2.9568 by 2.85%. The fall continued and touched a low at $2.8179 by 4.70%. Further, the LINK price jumped to $2.9630 by 5.15%. During the closing hours, the price recovered and touched $3.038 by 3.91%. The intraday movement in the price reflected a 0.27% fall. Today, Chainlink is spotted falling from the opening hours. The counters changed from $3.03 to $2.98 by 1.91%.

Chainlink Price
LINK Chart By TradingView

Chainlink’s price is presently dealing at $2.9774. LINK price is sliding towards the immediate support level. The next support level is anticipated to breach in some hours. If the momentum of the coin reverses, then the price could be seen touching the immediate resistance level at $3.13.

Resistance Level Price
R1 $3.13
R2 $3.21
R3 $3.35
Support Level Price
S1 $2.91
S2 $2.77
S3 $2.69

As per our Chainlink Forecast, the traders interested in Chainlink are suggested to opt for short-term investment. The specified period would bring a colossal profit to the traders.

David Cox

David is a finance graduate and crypto enthusiast. He projects his expertise in subjects like crypto and Blockchain while writing for CryptoNewsZ. Being from Finance background, he efficiently writes Price Analysis. Apart from writing, he actively nurtures hobbies like sports and movies.

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