Chainlink Price Analysis: 05 April

[EAA-ALLAH]

Chainlink had a bullish outlook on the charts as it approached a level of resistance at $31.38 once more. While a dip back to $30.5 could be seen, the short-term momentum has swung strongly in favor of the buyers. Bitcoin and Ethereum have also held their ground above crucial areas of support, making a marketwide drop less likely. Funding rates for perpetual futures trades showed that longs were an overcrowded trade. Source