$LINK (ChainLink) Price Analysis: Hourly Momentum Check
🔹 Current Price: $10.37
🔹 1-Hour Change: +0.88%
Technical Analysis:
The 1-hour chart for ChainLink (LINK) shows a steady upward movement with a +0.88% increase, pushing the price to $10.39 at its recent high. LINK has been testing higher levels, breaking past support at $10.27. This upward trend highlights bullish momentum, as buyers appear to be stepping in, pushing the price toward resistance.
The consistent upward trajectory with minor pullbacks suggests a healthy buying interest, though the presence of small dips indicates that some selling pressure still exists around the $10.39 mark.
Key Levels to Watch:
• Support: $10.27 - Maintaining above this level could sustain current bullish sentiment.
• Resistance: $10.39 - A breakout above this could pave the way for more upward movement in the short term.
Watch for LINK to test the $10.39 resistance level. A solid move above this point may signal further upward momentum, potentially attracting more buyers.#USElections2024Countdown #GrayscaleXRPTrust #NovCryptoOutlook #29thBNBBurn