Link investor

Is Chainlink (LINK) heading in the right direction on Saturday?

Chainlink receives a strong long-term technical score of 97 from Investors Observerresearch based on historical business models. The proprietary scoring system weighs the price movement of the past few months to a year, analyzes the token’s support and resistance levels, and where it stands against long-term averages to determine if it is. a solid buy and hold investment opportunity. LINK currently holds a Long Term Technical Analysis score of over 97% of cryptos in circulation. This ranking metric is particularly useful for buy and hold investors looking for strong and steady growth when allocating their assets. Tokens with a high technical score in the long and short term can help indicate that the assets have bottomed, offering investors a chance to “buy the down”.

Investors Observer gives Chainlink a Long Term Technical Rank of 97. Find out what that means to you and get the rest of the rankings on Chainlink!

Negotiation analysis

Chainlink’s price is – $ 1.5300,000 (-5.91%) below its 100-day mobile average price of $ 25.820000000, as it is currently priced at $ 24.290000000. Additionally, LINK is $ 11.7200000 (105.75%) above its 52-week low of $ 12.57000000, while it is – $ 28.580000000 (27.03%) under its 52-week high of $ 52.88 million. The current trading price relative to its long-term average, along with its 52-week highs and lows, gives LINK a strong long-term technical score of 97. Chainlink’s long-term trading movement suggests that the investors are neutral on the token at the moment. Chainlink has a total market value of $ 11,344,278,390.79 with a high average daily volume of $ 17,554,758,261.68 of currency traded over a typical 24 hour period. Over the past 24 hours, LINK’s volume has been below its average with $ 2,468,642,423.16 traded in total. Smart Contracts subclass of this token: A computer program designed to run automatically when predetermined conditions are met. Typically used to execute transactions quickly and automatically, with terms written directly in lines of code.

Summary

Chainlink’s technical analysis over the past year has seen the crypto receive a strong long-term technical score of 97 as its price movement during this period has given traders a neutral rationale. on the long-term token. Click here for the full Chainlink (LINK) report.