Markets· ★★· bearish·

LINK drops 3.71% to $12.54, tests key support at $11.88

  • —LINK trades at $12.54, down 3.71% on the day, intraday low $11.88
  • —Price sits below SMA-7 ($12.88), SMA-15 and SMA-30; MACD bearish, RSI 44.7
  • —Daily volume $432.98 million, 5.04% below the 30-day average
  • —LINK is down 14.19% over 14 days but up 51.90% over 90 days
Why it matters: Holding $11.88 would separate a pause from a deeper correction, while reclaiming $13.02 on above-average volume would ease near-term pressure.
Source: DiarioBitcoin