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CoinGape
2022-06-16 14:16:28

Chainlink Price Analysis: EMA Resistance Bolster LINK Sellers For $5.5 Breakdown

Chainlink Price Analysis: EMA Resistance Bolster LINK Sellers For $5.5 Breakdown

The LINK/USDT pair resonating inside a falling wedge pattern is gradually narrowing its price spread. Furthermore, the altcoin recently rebounded from the $5.5 support aims to rechallenge the overhead resistance. However, can it undermine the 20-and-50-day EMA resistance? Key points: The LINK price tumbled 30% in just three days A bullish breakout from the wedge The post Chainlink Price Analysis: EMA Resistance Bolster LINK Sellers For $5.5 Breakdown appeared first on CoinGape.

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