Chainlink (LINKUSD) Price at a Potential Buying Opportunity

Chainlink (LINKUSD) Price Forecast: March 27

Today, the Chainlink market price remains a potential buying opportunity as the crypto market sparked new hope among investors, with the coin market exhibiting a rising momentum. The coin has seen a significant bullish trend in the past few hours and will continue if the price can further break up the $17.66 level. If this is accomplished, the upside momentum may reach the $20.00 upper resistance value as the coin price continues the up north journey in the evolving crypto market.

Key Levels:
Resistance Levels: $17.00, $18.00, $19.00
Support Levels: $13.00, $12.00, $11.00

LINK (USD) Long-term Trend: Bullish (4H Chart)

On the long-term chart, the Chainlink price is in an uptrend, suggesting a potential buying opportunity and a 4.46% increase in market value. The cryptocurrency is above the moving averages, indicating a bullish momentum. So, let’s sit back and watch the bulls take us higher.
The prices are above the moving averages and have confirmed a bullish momentum, breaking the previous high.

The sustained bullish pressure at a $15.31 high level in the last action has contributed to the coin’s recent high.

Today, the LINKUSD price remains in an uptrend at the $16.54 supply level as the 4-hour chart resumes, indicating a potential buying opportunity and a more bullish impact on the crypto. Thus, more upsides are possible as new entries are trading in the crypto market.

Therefore, a bullish breakout from the current resistance at $16.54 point could trigger the recovery pattern and drive the coin price higher to hit the $17.66 peak barrier level, reflecting growing confidence among investors in an uptrend market.

Similarly, the momentum indicator suggests an uptrend. As a result, the token price might remain at a potential buying opportunity, and a $20.00 upper high level might be the target in the days ahead in its higher time perspective.

LINK (USD) Short-term Trend: Bullish (1H Chart)

The LINKUSD pair displays a high momentum bullish rally, suggesting a potential buying opportunity as the coin price faces the upper resistance level in its lower time frame.
The chart shows that the coin now trades and faces the upper resistance channel, implying another buying opportunity and a turnaround for the coin by investors.

The high bullish momentum at the $15.26 supply value in the last session has enabled the token price to stay strong above the resistance line in its new correction.

The Chainlink market suggests a buying potential opportunity for coin traders at the $15.49 supply level above the EMA-50 as the 1-hourly chart commences, exhibiting a robust upward trajectory.

The market is reacting to this pattern, and its breakout should provide a good buying entry opportunity. Hence, the investors buying at this supply can expect sustained growth above the $15.49 current price level.

Additionally, under the influence of this market level, the LINKUSD price could surge above the current price level at $15.49 to reach the $20.00 upper resistance level soon as the crypto price suggests a potential buying opportunity in the lower time perspective.

Buy Chainlink on eightcap.com