LINK/USD attempted to move towards the MA 50 ($37.52) after its latest recovery (from the $15 lows), which extended the price to highs of $35.36 on May 27 but fell short of the resistance structure at the MA 50. The LINK/USD pair seems to be presently imprisoned within the $25.36 and $37.52 structure which coincides with the MA 200 and 50 barrier levels.
The short-term oscillators reflect the easing in the positive momentum as the RSI still located in the bearish territory has turned down. If sellers manage to penetrate below the MA 200 at $25.36, support could come at $19.73 and $15. On the flip side, if the pair reverses, the resistance at the $35.36 level and the MA 50 at $37.52 could interrupt further gains.