Link investor

Should you sell Chainlink (LINK) on Thursday?

Chainlink receives a strong long-term technical rating of 90 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 90% 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.

InvestorsObserver gives Chainlink a long-term technical ranking of 90. Find out what this means for you and get the rest of the ranking on Chainlink!

Business analysis

The current trading price of $25.030000000 for LINK is -$0.8500000 (-3.30%) below the token’s 100-day moving average of $25.880000000. LINK, meanwhile, is $11.6100000 (104.54%) above its 52-week low of $13.420000000 and -$27.84000000 (28.43%) below its highest price. 52-week high of $52.880000000. Chainlink’s current price against the token’s long-term average and 52-week highs and lows, gives the crypto a strong long-term technical score of 90. LINK’s price movement and range suggests that the Investors are neutral on the token right now. Chainlink has a market capitalization of $11,690,084,517.88 and a relatively high average daily volume with $11,002,702,658.90 of currency traded in a typical 24-hour period. In the past 24 hours, LINK’s volume is below its seven-day average with 1,593,950,762.88 traded. 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.

Summary

LINK’s historical trading over the past year gives it a strong long-term technical score of 90, as its price movement over this period has given investors reason to be neutral on the token over the long term. . Click here for the full Chainlink (LINK) report.