ChainLink Price Analysis: ChainLink back to $26, preparing to retest $30

TL;DR Breakdown  ChainLink price analysis is bullish on the 24-hour chart LINK/USD has been trading within a tight daily range of $26.654 – $27.505 ChainLink Price Analysis: General price overview The ChainLink price analysis is bullish on the 24-hour chart after the market broke out of the August 17 – August 19 descending channel that saw a bottom correction from $30 to $24. The coin has activated green candles on the daily chart and has already broken above the $25.50 resistance. Hence, we expect LINK/USD to retrace slightly lower, build momentum near the primary support at $26.00 and then swing back to its former weekly high at $30.  The digital currencies market is trading bullishly in the last 24 hours. Bitcoin has already gained 6.52 percent, Ethereum has increased by 8.04, while BNB and ADA gained 9.11 percent and 13.44 percent respectively.  ChainLink price movement in the last 24 hours: LINK/USD consolidating above $26 support LINK/USD has been trading within a tight daily range of $26.654 – $27.505 over the last 24 hours. Trading volume increased by 8.09 percent and sums to approximately $1.6 billion. Meanwhile, the total market capitalization for LINK went up by 6.88 percent and totaled $11.9 billion.  LINK/USD 4-hour chart: Is LINK set for a rally? On the 4-hour chart, we can see the ChainLink price analysis still holding the $26 support intact, a price action that will lead t...