Chainlink clears the local resistance at $7.65. The recovery may be extended towards the resistance created by $8.00. Chainlink (LINK) has gained nearly 8% in the recent 24 hours to trade at $7.728 at the time of writing. The coin takes 12th place in the global cryptocurrency market with the current market value of $2.7 billion and an average daily trading volume of $712 million. LINK/USD: Technical picture LINK/USD moved above the middle line of the daily Bollinger Band at $7.65. The development improved the technical picture and brought psychological $8.00 into focus. Once it is out of the way, the recovery may be extended towards the upper line of the daily Bollinger Band located on approach tp $9.00. On the downside, a move back below $7.65 will increase the short-term selling pressure. The next support comes at psychological $7.00 and the lower line of the daily Bollinger Band at $6.77. LINK/USD daily chart FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next Nikkei 225: Sharp fall toward June at 21580/530 – Credit Suisse FX Street 3 years Chainlink clears the local resistance at $7.65. The recovery may be extended towards the resistance created by $8.00. Chainlink (LINK) has gained nearly 8% in the recent 24 hours to trade at $7.728 at the time of writing. The coin takes 12th place in the global cryptocurrency market with the current market value of $2.7 billion and an average daily trading volume of $712 million. LINK/USD: Technical picture LINK/USD moved above the middle line of the daily Bollinger Band at $7.65. The development improved the technical picture and brought psychological $8.00 into focus. Once it is out of the way, the recovery may… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.