On Friday night, Chainlink lost its confluence support from the 18.50 zone and dropped sharply to just under $10.
However, looking at the chart, we can clearly see the importance of this area, marked by both the 2022–2023 accumulation resistance and the 2024 lows.
From there, the coin rebounded fast, managing to reclaim the 18.50 support and re-enter the bullish flag that started forming at the end of August.
This recovery shows strong buying interest — but no clear buy signal has yet appeared.
For now, LINK remains a coin to watch closely.
A confirmed breakout above 21.50 would open the door for a new bullish leg, with 30 USD as the next technical target.
However, looking at the chart, we can clearly see the importance of this area, marked by both the 2022–2023 accumulation resistance and the 2024 lows.
From there, the coin rebounded fast, managing to reclaim the 18.50 support and re-enter the bullish flag that started forming at the end of August.
This recovery shows strong buying interest — but no clear buy signal has yet appeared.
For now, LINK remains a coin to watch closely.
A confirmed breakout above 21.50 would open the door for a new bullish leg, with 30 USD as the next technical target.
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🎯 Want More Trading Ideas?
📈 Join the FREE Forex & Gold Channel
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💎 Join the FREE Crypto Channel
👉 t.me/FanCryptocurrency
📈 Join the FREE Forex & Gold Channel
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💎 Join the FREE Crypto Channel
👉 t.me/FanCryptocurrency
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Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.