LINK Price Today Slips Slightly as Traders Track Breakout Setup
The post LINK Price Today Slips Slightly as Traders Track Breakout Setup appeared on BitcoinEthereumNews.com. Chainlink’s price today has been trading above $10, with investors awaiting to see if LINK is able to continue its recent rally from BTC. In addition to the recent move in Bitcoin’s price, fresh analyst charts indicated that LINK was testing major resistance areas with market strength from LINK/BTC. According to data from BraveNewCoin, the price of Chainlink is $10.32, down 0.91% in the past 24 hours. But observers have been looking to see if LINK can continue to push higher than the $10.50 level and move from accumulation to a more prominent breakout period. LINK BTC Candle Shows Strength The trend of strength is indicated by the LINK BTC Candle. In a statement, LINK/BTC formed a strong weekly candle, which was an indication of strength within the crypto market, not just Bitcoin. The chart he drew indicated that LINK/BTC had been in a long downtrend but was now pressing higher