Chainlink

On May 19, LINK price plunged to $21 low and pulled back. However, the selling pressure resumed as the market slumped to $22.50. Since May 10, LINK price has been making a series of lower highs and lower lows.

For the past week, Chainlink has been in a downward move after attaining a peak price of $52. Today, the downtrend has continued after rejection from the high of $48. The downtrend is making a series of lower highs and lower lows.

Since May 1, Chainlink has been in an upward move. The altcoin has risen to a high of $51.20 after breaking the previous resistance at $44.

LINK price is in an uptrend and it is attempting to revisit the previous highs of $40 and $44. Yesterday, buyers are finding penetration difficult at the $38 high.

Chainlink (LINK) price has fallen to the low of $34 after the resistance at the $44 high.

Chainlink (LINK) price analysis shows the new uptrend was also interrupted at the $44 high.

Chainlink (LINK) price analysis April 11, 2021. LINK/USD has fallen to a $32 low as bulls failed to breach the $35 overhead resistance.

Chainlink's price is presently in a range-bound move. Following the testing of the lower price range, the bulls attempted to push the price above the overhead resistance.

The amount of Bitcoin transactions used in facilitating or making illegal activities is now on the low. According to the new data by Chainlink, a blockchain analysis company, the number of criminal cryptocurrency transactions is now less than 1%.