ChainLink (LINK) Cryptocurrency Price Prediction, Forecast, and Technical Analysis - July 5th, 2021

If ChainLink (LINK) moves closes the Tenkan-Sen would likely see the Composite Index break below a recent trend line, initiating a strong move south towards the next high volume node at $12.50, but below that is the 38.2% Fib Retracement and 161.8% Fib Extension, both at $10.50. I’d only be sightly bullish if the Chikou Span closes above the candlesticks, but that would mean a return to the $26.00 range. Bearish pressure remains strong here.