While the metrics looked optimistic for LINK, the market indicators revealed the other side of the story. Both the Relative Strength Index and the Money Flow Index registered downticks and were headed toward the neutral mark.
This was bearish, as it increased the chances of a price plummet in the coming days. Nonetheless, the distance between the 20-day Exponential Moving Average and the 55-day EMA was reducing, which might soon result in a bullish crossover.Subscribe to get it daily in your inbox.
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