LINK is an Ethereum-based decentralized oracle network that connects off-chain data sources, such as APIs, bank payments, and other data feeds, to on-chain smart contracts. The LINK market is bullish today, with the price rising above its technical support level at $6.5 and continuing to gain momentum. The trend is backed by the bullish crossover of the 50-period Exponential Moving Average (EMA) and 200-period EMA, with the former acting as support. Other supportive technical indicators include the Volume Profile of the Visible Range, Pivot Points, and Pitchforks. https://files.fm/f/nqxz37c8tt Monthly Active Addresses (MAAs) have also been showing bullish strength. The LINK market is up 16% year-to-date. |