Chainlink (LINKUSD) Price at a Possible Buying Opportunity

Chainlink (LINKUSD) Price Forecast: September 11

Today, the LINKUSD pair presents a possible buying opportunity. The crypto market has sparked new hope among investors, with the coin market showing rising momentum. Despite minor lows, the coin’s trajectory demonstrates optimistic growth among investors. If buyers remain active and increase momentum, the price, now at a higher resistance level, might continue its upward trend. The target could be the $30.00 upper resistance level, as the token price continues its journey north in the evolving cryptocurrency market.

Key Levels:
Resistance Levels: $27.00, $28.00, $29.00
Support Levels:    $13.00, $12.00, $11.00

LINK (USD) Long-term Trend: Bullish (Daily Chart)

On the long-term chart, Chainlink is in an uptrend. This suggests a potential buying opportunity and a 4.46% increase in market value. The cryptocurrency is above the moving averages, indicating a bullish momentum.
The sustained bullish pressure at $23.05 in the last session has contributed to the coin’s recent high.

The LINKUSD price challenged another resistance zone of $23.60 above the moving averages on the daily chart today; suggesting buyers are leading and attempting to prolong the bullish rally.

However, an increased effort by the bulls to retest the $27.86 previous swing high would invalidate any further bearish thesis.

Similarly, the daily signal pointing up suggests an uptrend. As a result, the token price might remain at a potential buying opportunity, and a $28.00 upper high level might be the target in the days ahead in the higher time perspective.

LINK (USD) Medium-term Trend: Bullish (4HChart)

Because Chainlink prices are above the moving averages and have established a bullish momentum by breaking the previous high, buyers are in the lead on the medium-term chart. The chart below shows that the pair is on a steady upward trend.
Its upward stability at its most recent high has been maintained by pressure from the bulls at the $22.84 high value in the prior action.

On the 4-hourly chart today, buyers of LINKUSD are leading as the coin price rises to a high level of $23.60 above the moving averages, drawing major players to push the crypto price higher.

Thus, a bullish breakout confirmation will indicate a more positive market sentiment if the bulls push higher and close above the $26.62 high, according to the prediction.

Additionally, the upward-pointing momentum indicator for Chainlink suggests further upside potential.

As a result, the pair’s medium-term time frame may see it reach the upper resistance level of $28.00 in the coming days.

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