Chainlink (LINKUSD) Price Forecast: July 19
Today, the LINKUSD pair may experience a price breakout and bullish continuation at the current price level of $3.200, following the recent upsurge in the crypto market. The coin price could be seen rising against downward forces, signaling strong market optimism. Meanwhile, the coin price may continue to push higher as it faces the upper channel. Thus, a potential breakout above $3.214 could bolster the bullish momentum and target the $3.300 upper resistance, before a range breakout.
Key Levels:
Resistance Levels: $3.200, $3.300, $3.400
Support Levels: $1.775, $1.774, $1.773
XRP (USD) Long-term Trend: Bullish (Daily Chart)
The long-term market value of XRP is rising against downward forces, suggesting a price breakout and bullish continuation, by moving in a bullish direction.
The price action is advancing above the moving average, indicating an uptrend.
The crypto’s resistance value at $3.102 in the last session has sustained the upward strength in its recent high.
The bulls’ action to a $3.200 resistance level above the EMA-50 as the daily chart commences today suggests that the price action of XRPUSD is rising against downward forces and may continue in the same direction.
Thus, a sharp breakout and closure above the $3.214 peak value will focus on the ultimate touch at the upper resistance level, bolstering buyers for a sustainable rally.
Notably, the market is pointing up on the daily stochastic, implying that the crypto is open for a price breakout and bullish continuation.
In light of this, the price of XRP might hit the $3.300 supply trend mark, registering a buy signal for coin traders in its higher time frame.
XRP (USD) Medium-term Trend: Bullish (4HChart)
The medium-term market value of XRPUSD is moving in a bullish direction. This is clear as we can see the price breakout and bullish continuation to the upper resistance area of the market, indicating a strong uptrend.
The market price of XRP is rising against downward forces close to the upper channel above the EMA-50 at the $3.200 resistance level, indicating a robust upward trajectory.
Thus, if the crypto’s price could sustain above the mentioned supply value, the potential rally could surge towards the upper channel, offering a good entry point for coin traders.
Furthermore, the daily stochastic signaled an uptrend. If the bulls could push harder and sustain the XRPUSD price above the mentioned current high mark, the resulting rally may surpass the $3.104 level and hit the $3.300 psychological level to the upside in the days ahead in its medium-term forecast.
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