Price Analysis

LINK Price Stumbles to Bears, Will BAT And BAND Follow

Highlights

    LINK price begins to knock over, sailing at $1.5 range

    Basic Attention token price lunges deep falls flat.

    BAND price sees constant setbacks, dips further.

The Chainlink price has been dipping to a poor range for the past few days. From $28.6 it dropped to $23.22 and further to $22.5 and sailed at this range for some time. However, lately trying to recover from the steep dip, the pressure ceased and the price surged to an extent to $24.86. Further, it became slightly volatile and kept oscillating. In the last 24hours, the price gained bullish momentum and marked at $25.6, racing towards its previous range. But presently, it’s approaching a downside pressure.

LINK

At the time of typing, the LINK price is $1.576. In the early hours, the price began to drop from the latest high of $32.7 to its current state. If the current trends continue, the price might stumble down further and hit $24. However, if it grabs some bullish candles, the price may hike to $36.25, continuing the existing pattern.

Technical Specifications 

  • The resistance value is $ 25.34
  • The support value is $ 24.63
  • The indicators point out a sell signal.

BAT Price Begins to Slash

The Basic Attention token was surging rapidly after it fell into a steep bearish trap to $0.606. Following this, the price trend took a turn and kept approaching its nearest ATH every day, by breaking the M lines. The movement has been wavering as it kept slamming at $0.678, $0.699 and so on. Currently, the trend is bearish and the M line can break anytime.

BAT

At the time of typing, the BAT price is $0.685, which is a significant drop from the early figure. In the early hours, the price reached its high of $0.702 but rapidly plunged from there. If the bears line up, in the coming hours, the price can wipe to $0.67. On the other end, the M line may break, as it did previously and approach $1.

Technical Specifications 

  • The resistance value is $ 0.684
  • The support value is $ 0.680
  • The indicators point out a sell signal.

BAND Price Continues Pattern, Currently Bearish

The Band protocol price has slipped deep to $6.406 in the last few days. This marked a steep fall and BAND is trying hard to recoup from it. From then, the price is surging in a particular pattern, approaching new highs. Presently the price has surged in three phases to its current figure. It first hit $7.217, then $7.566 and to $7.803. 

BAND

At the time of writing, the BAND price dropped to $7.553. In the early hours, the price surged to $7.903, but plunged after that following its current fad. In the coming hours, the price might dip to $7.4 with some bears. Consequently, it might surge from this point to reach the new high for the day.

Technical Specifications 

  • The resistance value is $ 7.761
  • The support value is $ 7.509
  • The indicators point out a sell signal.

Also read: WINkLink Price Prediction, All About Prospective WIN Prices for 2021 and Beyond

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Elena R

Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing - accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.

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