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Chainlink (LINK) Price Prediction for August 13


by Parshwa Turakhiya
for CoinEdition
Chainlilnk-(LINK)-Price-Prediction-Analysis-This-Month

The Chainlink price today is trading around $21.25. This is after a big breakout from the $18.00 resistance zone earlier this month. This move was a clear break above several descending trendlines on the daily chart, which pushed LINK to test the $22.00 area before it stopped. The token is at a crucial decision point after the rally, with both market flows and momentum indicators giving mixed signals about what to do next.

Indicator/ZoneLevel / Signal
Chainlink price today$21.25
Resistance 1$22.00
Resistance 2$22.98 (Fib 0.618)
Support 1$20.00
Support 2$18.80
EMA20 / EMA50 (4H)$21.15 / $19.82 (Bullish alignment)
EMA100 / EMA200 (4H)$18.80 / $17.71
Bollinger Bands (4H)$20.64 lower / $22.53 upper
Supertrend (4H)Bullish above $20.07
DMI (+DI/-DI)51.14 / 21.97 (Bullish but easing)
Spot Netflow (24h)-$7.72M (profit-taking outflows)
Fib Key Levels (Weekly)0.5: $20.52 / 0.618: $22.98 / 0.786: $26.48
LINK price forecast (Source: TradingView)

On the daily chart, LINK has climbed out of a multi-month downtrend channel, confirming a bullish structure shift with consecutive closes above $19…

The post Chainlink (LINK) Price Prediction for August 13 appeared first on Coin Edition.

Read the article at CoinEdition

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Chainlink (LINK) Price Prediction for August 13


by Parshwa Turakhiya
for CoinEdition
Chainlilnk-(LINK)-Price-Prediction-Analysis-This-Month

The Chainlink price today is trading around $21.25. This is after a big breakout from the $18.00 resistance zone earlier this month. This move was a clear break above several descending trendlines on the daily chart, which pushed LINK to test the $22.00 area before it stopped. The token is at a crucial decision point after the rally, with both market flows and momentum indicators giving mixed signals about what to do next.

Indicator/ZoneLevel / Signal
Chainlink price today$21.25
Resistance 1$22.00
Resistance 2$22.98 (Fib 0.618)
Support 1$20.00
Support 2$18.80
EMA20 / EMA50 (4H)$21.15 / $19.82 (Bullish alignment)
EMA100 / EMA200 (4H)$18.80 / $17.71
Bollinger Bands (4H)$20.64 lower / $22.53 upper
Supertrend (4H)Bullish above $20.07
DMI (+DI/-DI)51.14 / 21.97 (Bullish but easing)
Spot Netflow (24h)-$7.72M (profit-taking outflows)
Fib Key Levels (Weekly)0.5: $20.52 / 0.618: $22.98 / 0.786: $26.48
LINK price forecast (Source: TradingView)

On the daily chart, LINK has climbed out of a multi-month downtrend channel, confirming a bullish structure shift with consecutive closes above $19…

The post Chainlink (LINK) Price Prediction for August 13 appeared first on Coin Edition.

Read the article at CoinEdition

Read More

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