Chainlink Price Holds Above Recent Support Level Amid Ongoing Downtrend
Chainlink's (LINK) price has been holding steady above $11.46, its most recent confirmed support level.
According to the Brave New Coin chart, LINK has taken on a more stable trajectory following its initial downtrend, but it still hasn't recovered from the top of the trading range for the day.
The immediate resistance is found at the price range of $11.57 to $11.60, an area that encompasses the present rate and also a previous rebound peak.