The daily candle
Chainlink closed the November 8 daily candle at $10.41, down 3.90% on the day, after trading between $10.12 and $10.83. What stands out on the daily chart: 30-day closing low.
Moving averages
The close of $10.41 is 8.7% below the 20-day average ($11.39).
The close of $10.41 is 17.0% below the 50-day average ($12.54).
Momentum: RSI and MACD
The 14-day RSI reads 36.6, between 30 and 70, neither extreme. RSI compares the size of recent up days with recent down days on a 0 to 100 scale.
MACD (12, 26, 9) is -0.4654 against a signal line of -0.4189, so the MACD line is below its signal. MACD measures the gap between a fast and a slow exponential average.
Volume and range
Volume on the day was 0.94 times its 20-day average. Volume counts how much traded; a move on heavy volume involved more of the market than one on light volume.
The Bollinger Bands (20 days, 2 standard deviations) run from $10.31 to $12.47, and the close is inside the bands.
Over the previous 30 days the highest close was $13.34 and the lowest $10.61.
What it costs to hold a position
Anyone holding a LINK perpetual future pays or receives funding every settlement, and the rate differs by exchange. Today's rates across venues are on the LINK funding page.