{"id":356668,"date":"2022-11-09T05:30:30","date_gmt":"2022-11-09T10:30:30","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=356668"},"modified":"2022-11-09T10:39:46","modified_gmt":"2022-11-09T15:39:46","slug":"chainlink-price-prediction-for-today-09-november-link-may-break-out-at-6-4-level","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/chainlink-price-prediction-for-today-09-november-link-may-break-out-at-6-4-level","title":{"rendered":"Chainlink Price Prediction for Today, 09 November: LINK May Break Out at $6.4 Level"},"content":{"rendered":"

Chainlink awaiting a breakout<\/h2>\n

Chainlink Price Analysis \u201309 November<\/h2>\n

If buyers push prices above the resistance level of $9.1, Chainlink<\/a> may push on to the $9.4 and $10.8 resistance levels. If there is a breakout at the $6.4 support level, the price may fall toward the support levels of $5.6 and $3.5.<\/p>\n

LINK\/USD Market<\/h2>\n

Key Levels:<\/h2>\n

Resistance levels: $8.1, $9.4, $10.8<\/p>\n

Support levels: $6.4, $5.6, $3.5<\/p>\n

LINK\/USD Long-term Trend: Ranging<\/h2>\n

The ranging movement continues in the Chainlink market. It is now moving between the $9.4 resistance level and $6.4 support level.<\/p>\n

\"\"<\/p>\n

Chainlink is currently trading below the two EMAs. The 9-period EMA is below the 21-period EMA. The 14-period Relative Strength Index is at 43, with the signal line pointing downward to support the bearish movement. When the buyers push prices above the resistance level of $9.1, LINK may increase to the $9.4 and $10.8 resistance levels. If there is a breakout at the support level of $6.4, the price may reduce towards the $5.6 and $3.5 support levels.<\/p>\n

 <\/p>\n

LINK\/USD Medium-term Trend: Bearish<\/h2>\n

Chainlink is bearish on the 4-hour chart. The price increased and tested the resistance level of $9.4, bounced off and broke below the $8.1 level. Chainlink is heading towards the $6.4 support level.<\/p>\n

\"\"<\/p>\n

The Chainlink price is below the 9-period and 21-period EMAs. The 14-period Relative Strength Index confirms that the market is moving down and the signal line is pointing downward at 32.<\/p>\n

This Is a Rare Opportunity to Buy IMPT <\/strong><\/h3>\n

The\u00a0IMPT<\/a> presale is continuing. At the moment, its worth almost $13m, which has been achieved within a short period of time.<\/p>\n

Dash 2 Trade (D2T) Token Is Selling Fast <\/strong><\/h3>\n

Dash 2 Trade<\/a> (D2T) users are permitted to invest in the project at the earliest stages and this is one of its major advantages. At the moment D2T token has accrued close to $6m.<\/p>\n

Related<\/strong><\/p>\n