Markets· ★★· bearish·

LINK drops 3.9% to $12.51, trades below short-term moving averages

  • —LINK at $12.51: down 3.90% from the $13.02 open, up 2.37% from $12.22 close
  • —Price below SMA-5 to SMA-50 ($12.83–$13.57), but above SMA-90 and SMA-200
  • —RSI at 44.4 and MACD histogram at -0.2226 signal weak momentum
  • —Daily volume of $440.46 million is 3.40% below its 30-day average
Why it matters: Reclaiming $12.59–$12.73 would restore a neutral setup, while losing today's $11.88 low opens the door to the SMA-90 at $11.02.
Source: DiarioBitcoin