🔍 Chainlink ( $LINK ) Technical Analysis – Oct 23, 2024 🔍
LINK is currently priced at $11.53, sitting at the 15th spot in the market cap. Despite a small pullback today, its 15.74% gain over the last year highlights resilience, even though it has underperformed compared to other altcoins.
Key Indicators:
📊 RSI: Below overbought, signaling potential upward momentum 📈
📊 MACD: Showing a bullish signal
📊 ATR: Low volatility, indicating stability
🤝 Moreover, recent partnerships with financial giants could strengthen Chainlink's role as a major blockchain connector!
While the outlook seems promising, always stay mindful of crypto’s unpredictable nature! 🚀
#LINK #Chainlink