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Chainlink Up Above $16 Again, But Funding Rate Points to High FOMO

@brianq
1 min read
08.12.2023
LINK


๐Ÿ”—๐Ÿ“Š #Chainlink's #Binance funding rate ratio has skewed toward mainly longs, the highest level in 4 weeks. As $LINK has regained the $16 threshold, watch if a bit of #FOMO forms a local top, or if prices continue surging toward $20 with little resistance.

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ChainLink LINK

$ 16.67
-6.41%
in last 7d
LINK

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