🔍 1. Technical Analysis
Uptrend Continuation Indicators:
Higher highs and higher lows on the daily or 4H chart.
Key resistance levels: Watch if LINK breaks and holds above resistance (e.g., $18–$20 zone).
Moving averages: Trading above the 50-day and 200-day moving averages can support bullish momentum.
RSI/MACD: RSI between 50–70 and a MACD crossover can support continued momentum without overextension.
📈 2. Fundamental Catalysts
Partnership announcements or oracle integrations with top blockchains (like Ethereum L2s).
Staking growth: More LINK being staked (especially in Chainlink Staking v0.2) = reduced supply, potentially boosting price.
Adoption trends: More protocols relying on Chainlink oracles means higher demand.
Uptrend Continuation Indicators:
Higher highs and higher lows on the daily or 4H chart.
Key resistance levels: Watch if LINK breaks and holds above resistance (e.g., $18–$20 zone).
Moving averages: Trading above the 50-day and 200-day moving averages can support bullish momentum.
RSI/MACD: RSI between 50–70 and a MACD crossover can support continued momentum without overextension.
📈 2. Fundamental Catalysts
Partnership announcements or oracle integrations with top blockchains (like Ethereum L2s).
Staking growth: More LINK being staked (especially in Chainlink Staking v0.2) = reduced supply, potentially boosting price.
Adoption trends: More protocols relying on Chainlink oracles means higher demand.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.