Chainlink / Dollar may fall to 9.75 - 9.93

10.55 is our pivot point.

Our preference

Technical rebound towards 10.55 before a new drop.

Alternative scenario

Above 10.55, look for 10.86 and 11.04.

Comment

The RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price stands above its 20 period moving average (10.24) but below its 50 period moving average (10.31).

Supports and resistances

11.04 **

10.86 *

10.55 **

10.43

10.30 last

9.93

9.75 **

9.57 *

9.38 **

Number of asterisks represents the strength of support and resistance levels.