What’s Next for This Very Bullish Rated Crypto?

Chainlink (LINK) gets a very bullish rating from InvestorsObserver Monday. The crypto is up 7.61% to $6.97 while the broader crypto market is up 4.63%.

Chainlink has a Very Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on Chainlink!

Very Bullish

Over the last five days, Chainlink has earned a Very Bullish rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of Chainlink over the past five days by volume and price movement.

The Sentiment Score provides a quick, short-term look at the crypto’s recent performance. This can be useful for both short-term investors looking to ride a rally and longer-term investors trying to buy the dip.

Price Levels

Chainlink is currently trading near its five-day high of $7.0308018830766. The crypto is 0.86% off its five-day high and is 20.22% higher than its five-day low of $5.8.

Chainlink price is currently above resistance. With support set around $6.32 and resistance at $6.66, Chainlink is potentially in a volatile position if the rally burns out.

Chainlink has traded on low volume recently. This means that today’s volume is below its average volume over the past seven days.

What is a token?

Tokens are digital assets that exist on another cryptocurrency’s blockchain.

Due to a lack of data, this crypto may be less suitable for some investors.

Click here to unlock the rest of the report on Chainlink

Stay In The Know

Subscribe to our daily morning update newsletter and never miss out on the need-to-know market news, movements, and more.

Thank you for signing up! You’re all set to receive the Morning Update newsletter

This news is republished from another source. You can check the original article here

Be the first to comment

Leave a Reply

Your email address will not be published.