Chainlink returns for the first time in 20 days on November 20th recorded a high price. On the 29th, the token surged for his second straight day. The cryptocurrency market was mostly high in today’s session after a weak start to the week. Dogecoin was another notable riser on Tuesday as Memecoin rebounded from yesterday’s losses.
Chainlink (LINK)
Chainlink (LINK) hit a three-week high on Tuesday, with prices rising for his second straight day.
Following week-opening lows of $6.67, LINK/USD races towards intraday highs of $7.43 early in today’s session.
The move saw LINK recently breach his $7.15 long-term cap, reaching its highest since November 20th in the process.
Overall, LINK is up nearly 25% in recent days, with all but one gains is recording. His last nine sessions.
Today’s surge occurred when the 14-day Relative Strength Index (RSI) broke the 55.00 resistance point and is currently trading at 56.89.
In addition to this, the 10-day (red) moving average is now approaching the 25-day (blue) moving average and is at an upward cross.
Dogecoin (DOGE)
Dogecoin (DOGE) Rebounds from Monday’s Loss, Meme Coin Gains 10% Today .
DOGE/USD fell to a low of $0.09145 early in the week before peaking at $0.1047 today.
As a result of this move, dogecoin is once again trading near his three-week high of $0.1079.
chart, we see an upward crossover between the 10-day (red) and the 25-day. There seems to be a – day (blue) moving average.
If this happens, the DOGE trader will likely push the price closer to his $0.1100, a sign of current and upcoming bullish momentum.
The RSI just crossed the 59.00 cap and is currently tracking 60.90. As long as the index does not break below this point, DOGE may continue to rise.
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