Chainlink Price Analysis: Bulls Test $25 Resistance for LINK
Chainlink price analysis shows LINK around $23.40, slipping 0.34% on the day. The setup flags a neutral RSI and bearish MACD momentum, but the overall trend remains bullish over the longer horizon.
Price faces a key test near the $25 resistance. If bulls regain momentum, a move through $25 could open the path toward higher levels, but a sustained push may require improving momentum and volume. The current pullback doesn’t break the longer-term uptrend, but near-term risks exist as momentum indicators point to caution.
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Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.