ChainLink (LINK) is currently at a decisive point. The current price of $10.27 is right at the support trendline. If it breaks below this support (the blue box), it is likely to face a further downtrend to $4.58.
If this support holds strong for LINK, it could soon rebound toward $18 and potentially initiate a higher rally.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.