Chainlink / Dollar may rise to 21.77 - 23.84

Our pivot point is at 14.80.

Our preference

As long as 14.80 is support look for 23.84.

Alternative scenario

Below 14.80, expect 11.33 and 9.27.

Comment

The RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 17.36 and 15.36).

Supports and resistances

27.99 **

25.91 *

23.84 **

21.77

17.60 last

16.16

14.80 **

11.33 *

9.27 **

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