Chainlink’s LINK price is showing positive signs pace above $7.20. The price could rise further if it stays above the $7.30 support zone.
Chainlink token price is showing positive signs and rising from $7.00 against the US dollar.
The price is trading above the $7.30 level and the 100 simple moving average (4 hours).
There was a break above a major bearish trend line with resistance near $7.35 on the 4-hour chart of the LINK/USD pair (data source from Kraken).
The price could gain bullish momentum above the $7.35 resistance zone.
Chainlink (LINK) Price Eyes More Gains
After a short-term downside correction, LINK price found support near the $6.95 level against the US Dollar. A low was formed near $6.933 and the price started a fresh increase, unlike Bitcoin and Ethereum.
There was a clear move above the $7.10 and $7.20 resistance levels. Besides, there was a break above a major bearish trend line with resistance near $7.35 on the 4-hour chart of the LINK/USD pair. Finally, the pair t
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