Chainlink price analysis: Bullish streak paves way for rise above $25

TL;DR Breakdown The latest Chainlink price analysis show the bulls taking the lead again.The price is rising at a slow pace and reached $25.83.Strong support is present at $24 for cryptocurrency. The Chainlink price analysis is showing encouraging signs for cryptocurrency, as bulls have been able to break past the bearish obstacle. The price levels are rising slowly and they are expected to cross their current price level which is $26 soon. The resistance at $27 is still far off from being near the current price value, if the bullish momentum intensifies in the next 24-hours, it can be surpassed as well. LINK/USD 1-day price chart: Bears retrieve their position after bullish comeback The 1-day price chart showing cryptocurrency values is going slightly bearish today according to the latest updates. The chart shows that the bulls have tried to make a return in the past few days, yet today the bears have succeeded in taking over once again. The price levels are decreasing and have lowered down to $25.83 for today as per Chainlink price analysis. The Moving Average (MA) is basically the mean of all price values and it is standing right now at $27, slightly above the current price. LINK/USD 1-day price chart. Source: TradingView The Bollinger bands are narrowing down as the volatility is supposedly decreasing, and the upper band has reached $29.32 and the lower band has reached the value of $24. The Relative Strength Index ( RSI ...