The recent performance of LINK indeed warrants attention. As of the analysis point, LINK is priced at $12.50, and the technical indicators show interesting signals—RSI is currently at 53.8, between neutral and bullish, indicating that the bulls are quietly accumulating momentum.



From the chart, the support level is around $12.12, resistance is at $12.88, and the key technical breakout level is $12.75. This price range is essentially a testing zone for both bulls and bears. A successful breakthrough of $12.75 could open up a larger upward space; conversely, a drop below $12.12 should also be watched carefully.

On the fundamentals side, Chainlink, as a leading on-chain oracle solution, continues to expand its ecosystem applications. New partnerships and new use cases are constantly being integrated, supporting its long-term competitiveness. From this perspective, there are still opportunities for bottom-fishing.

If you are optimistic about this direction, you might consider a tentative position around $12.12. It is recommended that a single position not exceed 10% of your total funds, allowing participation in the rebound without excessive pressure. If the price successfully breaks through $12.75, gradually adding to the position based on the situation is also a reasonable strategy.

The market is always full of uncertainties; this analysis is for reference only. Specific operations should be based on your own risk tolerance. Prudence in investing is the key to long-term survival.
LINK0.43%
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
  • 5
  • Repost
  • Share
Comment
0/400
ruggedNotShruggedvip
· 3h ago
Link this move is indeed interesting; if it breaks the 12.75 level, there’s a chance. Wait, can this oracle keep eating? Dipping at 12.12... I’m watching, if it really drops, I’ll buy in. To be honest, the Chainlink ecosystem is quite extensive, but whether it can truly be implemented remains a question. A 10% position is a good suggestion; anyway, just don’t go all in.
View OriginalReply0
WhaleMinionvip
· 3h ago
12.75 position really needs to be held, or it will be in danger.
View OriginalReply0
orphaned_blockvip
· 3h ago
Link this wave is really interesting, I've been watching the key level at 12.75, just to see if it can break through. RSI is only 53.8, still need to keep accumulating, don't be too anxious. In the oracle track, no one can shake Chainlink's position, and it's true that ecological protocols are continuously integrating. Around 12.12 is indeed a good time to try, but I still want to wait and see, I feel there might be further dips. Bottom accumulation is always being played by someone, the key is whether you dare to take the plunge.
View OriginalReply0
bridgeOopsvip
· 3h ago
This wave of link is about to rise, once it breaks 12.75, it'll directly reach the Sky City.
View OriginalReply0
BlockImpostervip
· 3h ago
This move by link is indeed interesting. I think I'll stay on the sidelines unless it breaks 12.75.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • بالعربية
  • Português (Brasil)
  • 简体中文
  • English
  • Español
  • Français (Afrique)
  • Bahasa Indonesia
  • 日本語
  • Português (Portugal)
  • Русский
  • 繁體中文
  • Українська
  • Tiếng Việt