Chainlink's LINK falls 4.16% to $11.91, slips below short-term averages
- —Price at $11.91 versus $12.44 open and $12.32 prior close
- —Daily volume of $188.34 million is 58.04% below the 30-day average
- —RSI at 38.5 and stochastic at 2.8 signal seller pressure
- —Market cap of $8.91 billion; price still above 90- and 200-day SMAs
Why it matters: The weak technical setup on thin volume does not confirm a reversal, so traders should wait for volume expansion and a reclaim of short-term averages.
Source: DiarioBitcoin