Taking a little break after hitting a new multi-month low yesterday, Link saw a rejection and increased with a 5% gain today. While its structure remains bearish, it will likely resume drops soon. The last three months saw Link through a heavy drop, and the price reset to a low of $11.9 yesterday. This marked the asset’s lowest price level in the last four months, but the price is up today following a small bounce. While the selling looks overstretched on the daily chart, it may see a recovery anytime soon. The bulls showed interest, but their commitment is not
The post CHAINLINK PRICE ANALYSIS & PREDICTION (March 14) – Link Finds Support After a Week Fallout But Can It Bounce Back? appeared first on The Merkle News.
