The Chainlink index maintains higher lows within a narrow range, reflecting steady accumulation as buyers absorb selling pressure and prepare for a potential breakout move.


Repeated resistance tests near $10 weaken supply levels, while rising support levels boost demand, increasing the likelihood of a directional breakout in the upcoming sessions.
Momentum indicators, including the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD), show gradual improvement, aligning with the price structure and indicating an emerging bullish trend below key resistance levels.
The Chainlink price continues to trade within a narrow range, staying below the $10 level while maintaining a steady upward trend. The token remains stable between $8.4 and $9.6, showing clear signs of accumulation with buyers gradually entering on dips. Moreover, the repeated rejection near the resistance level confirms that sellers are still defending the upper range.
LINK2.77%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin