Chainlink receives a strong long-term technical score of 83 from InvestorsObserver To analyse. Our proprietary scoring system considers trading patterns over the past few months to a year by analyzing the token’s consistency, volatility, and relative position against long-term averages to determine if it is a solid investment opportunity. Currently, LINK holds a long-term technical analysis score above 83% of cryptocurrencies. Long-term investors employing a buy and hold strategy will find the long-term ranking particularly relevant when allocating their assets and may find additional value by finding cryptos with a high short-term technical score to uncover. chips that have hit rock bottom.
Chainlink’s price is -$8.2400000 (-33.17%) below its 100-day moving average price of $24.860000000, with its price currently sitting at $16.610000000. Additionally, LINK is $3.1900000 (41.82%) above its 52-week low of $13.420000000 while -$36.26000000 (12.51%) is below its highest price. 52-week high of $52.880000000. The current trading price against its long-term average along with its 52-week highs and lows, gives LINK a strong long-term technical score of 83. Chainlink’s long-term trading movement suggests that investors are neutral on the token at the moment. Chainlink has a total market value of $7,758,404,321.30 with a high average daily volume of $5,893,000,245.82 of the currency traded over a typical 24-hour period. In the past 24 hours, LINK’s volume is below its average with $791,497,316.61 traded in total. Subclass of this token Smart contracts: A computer program designed to run automatically when predetermined conditions are met. Typically used to execute transactions quickly and automatically, with terms written directly into lines of code.
Trading patterns over the past year for Chainlink have given the token a strong long-term technical score of 83, as its consistency, volatility, and relationship to long-term averages have given investors cause for concern. be neutral on the token. Click here for the full Chainlink (LINK) report.