Markets· ★★· bearish·

Chainlink's LINK falls 6.68% to $10.95 on volume 43% above average

  • —LINK is down 23.79% over 30 days and 9.69% over seven days
  • —Volume of $434.99 million is 43.02% above the 30-day average
  • —RSI at 33.2; price sits below the 7, 15, 30 and 50-day SMAs
  • —Immediate zone is $10.88–10.95, with the 200-day SMA at $9.98
Why it matters: Trading below all short-term averages on elevated volume signals further downside risk toward $9.98 unless LINK reclaims $11.56.
Source: DiarioBitcoin