Chainlink receives an average long-term technical score of 64 from InvestorsObserver's research based on historical trading patterns. The proprietary scoring system weighs price movement from recent months to a year, analyzes the token's support and resistance levels, and where it is relative to long-term averages to determine whether it's a strong buy-and-hold investment opportunity. LINK currently holds a superior long-term technical analysis score than 64% of cryptos in circulation. This ranking metric is most useful to buy-and-hold type investors looking for strong steady growth when allocating their assets. tokens with a high long and short-term technical score can help indicate assets that have bottomed out, providing investors a chance to 'buy the dip'.
Chainlink (LINK): How Does it Rank Friday on Long-Term Trading Metrics?
InvestorsObserver is giving Chainlink a 64 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Chainlink!