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Chainlink {LINK} rises to #2 on ETH25 leaderboard; price analysis enclosed

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According to the candlestick chart connected to the LINK/USDT pair on tradingview [based on data obtained from the Binance Exchange], this digital currency is being propelled by buyers for now. The bull-run may last throughout November, as Chainlink has proven its strength in the face of BTC declining multiple times. The final peak tied to the Awesome Oscillator was green, which signifies that bullish momentum is gonna rise with the passage of time.

The daily RSI [for 14 periods] is almost about to hit 64, which would bring $LINK even closer to the overbought territory. For the past 2 weeks, the MACD line has lingered beneath the signal line, although the red histogram had adopted a faded look since Friday. A switch may occur sooner than expected. $LINK must target the resistance level near $3.006, beyond which lies greater glory. Support can be found adjacent to $2.6047.

Within a year, Chainlink has become one of the most attractive ventures in the cryptosphere. The ROI linked to this project has climbed to 1705.66% [you can check out its progression on coinmarketcap].

Chainlink is ranked at #14 in the market after it overtook UNUS SED LEO in a day. The price gained at a rate of 3.41% in the course of the past 24-hours; this, in turn, caused $LINK to surge all the way up to the $2.83 mark where it presently rests. The trading volume recorded stands at roughly $152.834 million as of this moment. The total market cap of Chainlink amounts to $989.01 million.

Feast your eyes on this achievement ladies and gentlemen:

Disclaimer - OBN is an informational website which aims to give the latest blockchain related news to the readers. Articles on OBN should not be considered as investment advice. Trading cryptocurrencies is a high-risk investment, every user is advised to consult an expert before making any decisions.