Chainlink reverses all June losses, but …
extended its range-bound formation of $30k- $31.5k for the third week in a row. The king coin traded near the range-lows at the time of writing, underscoring the short-term selling pressure witnessed over the weekend .LINK faced price rejection at $7 and eased to $6.84 at the time of writing. When zoomed on the higher timeframe, specifically D1, the $7 aligned with a bearish order block of $6.89 – $7.28 formed on 5 May 2023.
A breach below the FVG zone will flip the H4 structure to a bearish bias. Such a move could set short-sellers to extend gains to $6.32 or $6.07. As such, the $6.07 – $6.32 could be a price zone of interest for near-term bulls seeking re-entry. The RSI and OBV eased, with the RSI retreating near the neutral level. It denotes buying pressure, and demand declined as short-term sell pressure intensified over the weekend.On Coinalyze’s 1-hour chart, LINK’s funding rates briefly turned negative on 15 July before improving slightly at the time of writing.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Here's how much it cost to rent an apartment in Ottawa in JuneThe average cost to rent a one-bedroom apartment in the capital surpassed $2,000 a month in June, as rental rates continued to rise in Ottawa and across Canada.
Read more »
Climate Change: NASA says June 2023 officially hottest month on recordExperts say Canada set heat records for three days in a row last week, mainly because of heat waves in B.C. and Quebec.
Read more »
Eduard Sale signs entry-level contract with Seattle KrakenThe Kraken selected the Czech-born winger with the 20th overall pick back in June.
Read more »
B.C. Climate News: Residents urged to conserve water as drought conditions worsen | June hottest month on recordHere\u0027s your weekly roundup of local and international climate change news for the week of July 10 to July 16, 2023.
Read more »
B.C. government drops Facebook, Instagram advertising over Meta’s news blockMeta has announced it will block Canadian news on its platforms in response to the new federal Online News Act, which became law on June 22.
Read more »
B.C. government drops Facebook, Instagram advertising over Meta’s news blockMeta has announced it will block Canadian news on its platforms in response to the new federal Online News Act, which became law on June 22.
Read more »