Chainlink (LINKUSD) Price Is Going Up

Chainlink (LINKUSD) Price Forecast: March 26

Today, the Chainlink price is going up and could achieve significant gains as the price movement suggests a bullish continuation. The growth in the coin value reflects investors’ interest and optimism in the asset. If buyers should exert more force into the price action, the $30.75 previous high level might be retested soon. Thus, a clear buy signal and intraday gain for coin buyers.

Key Levels:
Resistance Levels: $20.00, $21.00, $22.00
Support Levels: $12.00, $11.00, $10.00

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

The LINKUSD market portrays a bearish trend, but it has started going up, following an increase in buyers’ interest in the coin in its long-term view. The crypto price is below the supply levels, indicating a bearish trend.
The sustained bearish pressure at the $13.81 low value in the past few days has dropped the cryptocurrency price below the supply trend levels at its recent correction.

The Chainlink price rose to a $15.31 resistance level below the EMA-50 shortly after the daily session opened today, indicating that the crypto price is going up amid market correction, resulting in an intraday gain for coin investors.

Hence, the price is going up while it is pointing upwards on the daily signal; this will quicken the emergence of more buyers to move the price of LINKUSD up to a significant level on the upside, and this might hit the $30.75 upper resistance trend mark as the coin market is going up in its lower time frame.

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

Despite minor corrections, the LINKUSD price is going up in its higher time frame. The coin price is above the supply levels, reflecting rising market interest.
The crypto price is going up above the supply levels at its recent high due to the bulls’ sustained pressure at the $14.34 supply value in the previous action.

The Chainlink market structure shows the price is going up as the bulls increased the coin price to a $15.31 high level above the moving averages as the 4-hourly chart opens today, indicating that the traders are actively buying at this level.

A possible breakout from the mentioned supply level will provide a higher float for buyers and prolong the ongoing recovery for future gains.

Hence, with the LINKUSD price going up, we have a bullish bias that the crypto price will continue the bullish trend as the market indicates an uptrend on the daily stochastic.

Therefore, if the buying pressure should increase, there may be a potential rise in the token price and this might retest the previous high at the $15.39 supply level and extend the coin price to the $30.75 upper high trend line in the coming days in its medium-term perspective.

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