Chainlink (LINK) Price Prediction

Loading...
Loading...

The chart says the price of Chainlink LINK/USD is about to drop. It's extremely overbought and this will bring sellers into the market.

Overbought refers to the crypto’s momentum. This is simply a measure of where a security is in relation to its recent average price.

When the price reaches an extreme level above this average, it's considered to be overbought.

The last two times LINK was was overbought as it is now, a sell-off followed. There is a good chance it goes lower.

Market News and Data brought to you by Benzinga APIs
Posted In: CryptocurrencyTechnicalsMarketsTrading Ideas
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...