Add as a preferred source on GoogleChainlink Price Falls 3.79% to $11.37 in 24-Hour Trading
LINK’s latest price was below the $18.40 resistance marker from earlier coverage of its five-year chart pattern.
Chainlink (LINK) traded at $11.37 at 3:50 a.m. ET (08:50 UTC) Nov. 2, down 3.79% over 24 hours. LINK remained below the $18.40 resistance line in Don Wedge’s five-year triangle analysis.
Market analyst Don Wedge identified $18.40 as the descending edge of a five-year symmetrical triangle. LINK was also below $18.40 in the earlier price snapshots.
Chainlink’s decentralized oracle network supplies blockchain applications with agreed values drawn from outside data. LINK pays for Chainlink services and supports the network’s staking security.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.