Markets· ★★· bearish·

LINK Drops 6.56% From October 8 Open, Loses Technical Momentum

  • —LINK trades at $12.72, intraday range $12.14–$13.19
  • —Daily volume of $509.9M is 10.1% above the 30-day average
  • —RSI at 45.4 and negative MACD histogram signal weak momentum
  • —Price is below SMA-7, SMA-15 and SMA-30 but above SMA-50, SMA-90 and SMA-200
Why it matters: Holding $12.14 and reclaiming the VWAP will determine whether LINK's higher-timeframe uptrend stays intact.
#LINK
Source: DiarioBitcoin
More on this
Markets · Oct 7
CC Drops 5.42% From October 7 Open, Losing Short-Term Momentum
 Markets · Oct 5
XLM Falls 1.47% From Open on October 5, Losing Intraday Momentum
 Markets · Oct 6
THORChain's RUNE Jumps 10.23% to $0.801 on Technical Momentum