The price of $LINK
has seen a slight change of 1.092% over the past 24 hours, indicating a consolidation phase within an overall upward trend. The price reached a high of 15.11 and a low of 14.24, with a current support level at 14.24 and a resistance level at 15.11. The Bollinger Bands indicator suggests increasing volatility, as the upper range tests the resistance level at 15.11. While macroeconomic factors, such as inflation concerns, may contribute to market uncertainty, the undefined impact of Bitcoin indicates that LINK's movements are more independent, allowing for potential short-term trading opportunities. Traders should consider taking a short-term approach to capitalize on current volatility, especially if LINK tests the resistance level. In summary, monitoring a price breakout above the 15.11 level could indicate a stronger rise in the upward trend.