链链接LINK价格分析突破750美元的关键阻力迎来潜在上涨机会

The Chainlink (LINK) token’s LINK price is currently holding the $7.30 support area and is expected to rise after a successful breakout of the $7.50 resistance. Currently, the price is showing favorable indicators on the USD pair LINK marker, surpassing the $7.30 level.
It is trading at the $7.40 level and remains above the 100 simple moving average on the 4-hour chart. Notably, the 4-hour chart of the LINK trading pair from Kraken shows the development of a significant descending channel, indicating the presence of a resistance area around $7.50. If the price breaks above this barrier, it is likely to gather positive momentum and enter a bullish phase above the $7.50 resistance threshold.
Chainlink (LINK) Price Sighting New Upside
After a significant surge in price, LINK’s price encountered selling pressure around $7.90 against the US dollar. This led to a peak at $7.91, followed by a corrective decline. Interestingly, this correction was different from the trend of Bitcoin and Ethereum.
The downward trajectory led the price to break above the $7.60 and $7.50 thresholds. Moreover, the price also declined above the 50% Fibonacci retracement level of the upward movement that stretched from the $6.932 low to $7.915 high. Notably, the price briefly dipped below the $7.40 level. Nevertheless, market participants showed positive sentiment and support around $7.30, which suggests that bullish sentiment remains evident.
LINK remained above the 61.8% Fibonacci retracement threshold for the upward movement from the $6.932 swing low to $7.915 high. Moreover, it remained above $7.40 and the 100 simple moving average (4-hours).

Source: TradingView
It is currently difficult to break above the $7.50 level. If we look at a chart showing the four-hour performance of LINK against the US dollar, we can see a pattern where it is facing challenges around the $7.50 level.
The first big hurdle that it needs to cross is around $7,685. If it manages to surpass this point, there are chances that it will start moving upwards again, possibly reaching $7.90 or even $8.00. If it can further break the $8.20 barrier, the price could head back towards $8.50.
More losses?
If the price of Chainlink struggles and fails to break the $7.50 barrier, the price is likely to decline. Initially, support around $7.30 is likely to fight against this downward momentum.
Looking further, an important support level has emerged near $7.15. If the price breaks below this, there are chances of a test near $7.00. If losses continue, the $6.85 level could be reached in the near term.
Technical indicators:
The MACD on the 4-hour chart of LINK/USD is slowing down in the bearish zone.
The RSI on the 4-hour chart of LINK/USD is approaching 50
Important support levels are at $7.30 and $7.15
The key resistance levels are at $7.50 and $7.685
The Chainlink (LINK) coin’s LINK price is currently holding the $7.30 support area and is expected to rise after a successful breakout of the $7.50 resistance. The price is showing favorable indicators on the USD pair LINK marker.
Moreover, it is trading at the $7.40 level and remains above the 100 simple moving average on the 4-hour chart of the LINK/USD trading pair from Kraken. Notably, the 4-hour chart of the LINK/USD trading pair from Kraken shows the development of a significant descending channel, which indicates the presence of a resistance area around $7.50. If the price breaks above this barrier, it is likely to gather positive momentum and enter a bullish phase above the $7.50 resistance threshold.
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