Markets· ★★· bullish·

Chainlink holds near $12.49 after breaking key moving averages

  • LINK at $12.49: +1.71% in 24 hours and +9.70% for the week
  • Price above SMA-7, SMA-15, SMA-30 and SMA-50
  • RSI at 61.1 — rising without being overbought
  • Volume $390.57 million, 8.48% below the 30-day average
Why it matters: The break above the moving averages confirms a short-term trend change, but continued gains require higher volumes.
Source: DiarioBitcoin