Home Fear & Greed Pools Wallets Dictionary Advertise Facebook Twitter Telegram Reddit Youtube
Market Cap:
24h Vol:
Cryptocurrencies: 13285
Markets: 101917
CoinInsight360.com logo CoinInsight360.com logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VES
VND
VUV
WST
ZAR
ZMW
ZWL
America's Social Casino

Market Cap
24h Vol
13285
Cryptocurrencies
61.65%
Bitcoin Share
Bitzo 2025-03-20 17:04:36

Reversal Triangle Forming for Chainlink (LINK) and Avalanche (AVAX) – Is It Time to Buy LINK and AVAX?

Reversal Triangle Forming for Chainlink (LINK) and Avalanche (AVAX) – Is It Time to Buy LINK and AVAX?

A unique trading pattern could be emerging for Chainlink (LINK) and Avalanche (AVAX) , sparking curiosity among crypto enthusiasts. With these two cryptocurrencies showing potential signs of a market shift, the big question looms: Are these tokens on the brink of a price surge? Discover the insights that might guide investment decisions. Chainlink (LINK) Volatility and Rebound: A Mixed Picture Chainlink experienced a notable dip over the last month with a decline of nearly 23%, while the six-month period showed a recovery with a 29% gain. The recent one-week performance of 9.52% highlights positive momentum despite short-term setbacks. This price movement suggests that recent challenges may be temporary and reflect a broader cyclical trend often observed during altcoin seasons. The current trading range sits between $10.20 and $22.70, with key support at $5.58 and resistance at $30.59, along with a secondary resistance near $43.10. Indicators show a near neutral RSI at 47.72, with mixed signals from momentum values keeping bulls and bears evenly matched. Trading within these levels may create opportunities, especially near support levels while targeting resistance zones. Avalanche AVAX: Monthly Dips Open Trading Opportunities During the past month, Avalanche dropped nearly 23% while over the last six months, it fell close to 30%. The coin experienced a brief 1.5% weekly gain amid a generally declining trend. Price action over this period reflected stress in the market, leading traders to reassess their positions. The overall downward movement suggests persistent pressure, with intermittent recovery attempts from the lows. Currently, the price sits between $16.74 and $31.56. Traders see resistance around $40.73 and a second level at $55.55, while support is at $11.10. Bears appear stronger, although short-term indicators show slight positive momentum. Consider buying near support levels and selling close to resistance while monitoring for a potential trend shift. Conclusion LINK and AVAX show signs of a potential price reversal. Charts indicate that both are nearing a key level. This could attract buyers looking for a turnaround. Pay close attention to upcoming market movements. The next few days are crucial for confirming this trend. Short-term and long-term investors might find this a good entry point. Keep monitoring market signals and trends. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Most Read News

Moralis Money
Market Cap
24h Vol
61.65%
Bitcoin Share
0
Today News
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.