Cryptoknowmics
2022-11-11 13:35:33

LINK Technical Analysis: Will the LINK Uptrend Sustain Above $8?

The technical indicators signal a high buying opportunity as the LINK gains bullish momentum after a jump above the 50-day EMA. LINK followed the market trend by gaining over 8% in the last 24 hours as the bullish cycle gains momentum. Despite falling around 12.57% in the past 7 days due to the recent market crash following the crypto exchange FTX controversy, the coin made an excellent recovery in the past 48 hours. The price line moving above the 50-day SMA indicates an uptrend in the market, with increasing buying pressure with every fallout. The market cap also witnessed 7.91% The post LINK Technical Analysis: Will the LINK Uptrend Sustain Above $8? appeared first on Cryptoknowmics-Crypto News and Media Platform .

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