@crystaleclipse
Chainlink (LINK) has been witnessing a tough battle between the bulls and the bears at the 20-day EMA ($23.45).
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LINK/USDT daily chart. Source: Cointelegraph/TradingView
The flattish 20-day EMA and the RSI near the midpoint do not give a clear advantage either to the bulls or the bears. If the price turns down from the current level, the LINK/USDT pair could find support at the 50-day SMA ($20.99).
Contrarily, buyers will gain the edge in the near term if they push and maintain the Chainlink price above $24.06. If they manage to do that, the pair could march toward $26 and then $27.
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