Chainlink Rallies to $15.33 as Daily RSI Signals Overbought Risk
- —LINK trades at $15.33 with daily RSI14 at 72.76, in overbought territory
- —Price is pinned to the upper Bollinger Band at $15.32
- —EMA20 at $13.10, EMA50 at $11.79, EMA200 at $10.29 — clean bullish stack
- —Daily ATR14 at 0.90; resistance R1 at $15.86, support S1 at $14.72
Why it matters: The overbought reading raises the odds of a pullback toward the mid-band at $12.62 or the EMA20 at $13.10, though the uptrend remains intact.
Source: The Cryptonomist