🔴 $LINK · 4H
Price is $12.80 and $LINK remains below the averages that capped it earlier. The $12.09 area held twice over the last two weeks and is being tested again. Price is down in the lower third of that range. The floor is 5.5% away and the ceiling is nowhere close. The 20 has stayed below the 50 for only 17 candles. RSI at 37 is neutral, so momentum is not blocking a move either way. Over the past day it has traded between $12.09 and $13.07, sitting near the top of it now. Participation is light at about 0.6x average volume. Down 1.8% over 24 hours.
DYOR
$LINK #TechnicalAnalysis
Price is $12.80 and $LINK remains below the averages that capped it earlier. The $12.09 area held twice over the last two weeks and is being tested again. Price is down in the lower third of that range. The floor is 5.5% away and the ceiling is nowhere close. The 20 has stayed below the 50 for only 17 candles. RSI at 37 is neutral, so momentum is not blocking a move either way. Over the past day it has traded between $12.09 and $13.07, sitting near the top of it now. Participation is light at about 0.6x average volume. Down 1.8% over 24 hours.
DYOR
$LINK #TechnicalAnalysis