16.08.202405:12 Forex Analysis & Reviews: Technical Analysis of Intraday Price Movement of Chainlink Cryptocurrency, Friday August 16, 2024.

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On the 4-hour chart, the Chainlink cryptocurrency appears to be moving Ranging - Sideways, even so, Sellers are still dominant in the cryptocurrency so that in the near future, as long as there is no strengthening correction that breaks above the 10.84457 level, Chainlink will try to test the 9.94306 level. If this level is successfully broken below, Chainlink will continue its weakening to the 9.33250 level as its main target and if the momentum and volatility support it, the 8.99223 level will be the next target to be targeted.

(Disclaimer)

Arief Makmur
Analytical expert of InstaForex
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