Chainlink (LINK) rises 2.20% to $13.10, but volume sits 59% below average
- —LINK trades at $13.10, up 2.20% on the day
- —Daily volume of $187.6 million is 58.96% below the 30-day average
- —Price sits above SMA-30 and SMA-50 but below SMA-7 and SMA-15
- —LINK is down 6.39% over 7 days and 6.73% over 14 days
Why it matters: A rally on thin volume is vulnerable to profit-taking; a breakout above resistance with expanding volume is needed to confirm a reversal.
Source: DiarioBitcoin