Chainlink was one of the notable movers on Monday, as the token ended a streak of four consecutive days of declines. The move comes despite the global market cap mostly trading lower to start the week, falling 0.23% as of writing. Dogecoin fell for a second straight session.
Chainlink (LINK)
Chainlink snapped a four-day losing streak on Monday, despite the global market cap mostly tracking lower to start the week.
Following a low of $7.32 on Sunday, LINK/USD jumped to a peak of $7.54 earlier in today’s session.
Monday’s move sees chainlink edge closer to a key resistance level of $7.65, which was last truly broken on July 30.
In addition to this, an upward crossover between the 10-day (red) and 25-day (blue) moving averages looks imminent.
Should this occur, there is a strong possibility that chainlink may not only move past the aforementioned ceiling, but closer to the $8.00 level.
At the time of writing, LINK is tracking at $7.49.
Dogecoin (DOGE)
On the other side of the spectrum
We współpracy z: https://news.bitcoin.com/biggest-movers-link-ends-4-day-losing-streak-as-doge-extends-declines/
