Below is a detailed update on Chainlink (LINK) in the past 24 hours, along with a short-term futures trading strategy for the next 24 hours and related information:
📈 LINK price situation in the last 24 hours
• Current price: $14.50 USD
• 24h volatility: Decreased 2.68% compared to yesterday
• 24h trading volume: Approximately $316.6 million USD
• Highest price in 24h: $15.05 USD
• Lowest price in 24h: $14.43 USD
• All-time high (ATH): $52.99 USD
🔍 Short-term technical analysis
• Nearest support level: $14.00 USD
• Nearest resistance level: $15.20 USD
📌 Short-term futures trading strategy (next 24 hours)
✅ Scenario 1: Price increase
• Condition: Price breaks above the resistance level of $15.20 USD with increased trading volume
• Price target: $15.80 USD and $16.50 USD
• Stop loss: $14.00 USD
❌ Scenario 2: Price decrease
• Condition: Price breaks below the support level of $14.00 USD with increased trading volume
• Price target: $13.50 USD and $13.00 USD
• Stop loss: $15.20 USD
📰 Events and information related to Chainlink (LINK)
• Strong growth: LINK has risen more than 9% in the past week, indicating renewed interest from investors.
• Price forecast: Some experts predict LINK could reach $20 in the near future if it maintains its current upward trend.
• Market impact: LINK is following the overall trend of the cryptocurrency market, supported by major coins like Bitcoin and Ethereum.
⚠️ Important note
• The cryptocurrency market is highly volatile; be sure to use risk management tools like stop loss and avoid excessive leverage.
• Monitor news related to Chainlink and significant political events, as these factors can greatly impact the currency's value.