đ EVERY "WALL STREET GOES ON-CHAIN" HEADLINE THIS WEEK RUNS THROUGH CHAINLINK.
S&P Global bought OpenZeppelin. SEC opened the door for stocks on-chain. Nasdaq Texas got commodity trusts approved.
None of that works without oracles. LINK is the oracle.
đ PROGRESS
â Now: ~$11.20 (+4% today)
â June low $7 â Sept 7 high $13.64 â +94% off the lows
â Highest level since January before this pullback
â Now consolidating $11-$12 â healthy after a 94% run
⥠WHAT'S DRIVING IT
â Schwab announced LINK support â rally from $8.30 to $12.50
â DeFi Total Value Secured: $34B â $40B in ONE month
â 6,100 new wallets in 2 days â fastest growth of the year
â Binance long/short ratio 1.39 â traders leaning long
â Still -78% from $52.70 ATH
đŻ LEVELS THAT MATTER
đ˘ Support: $11.17 â $10.79 (20-day EMA â the line) â $9.87 (Supertrend) â $9.32
đ´ Resistance: $12.50 (where the rally stopped) â $13 â $13.64 (Sept high) â $14.39 (2026 high) â $15
đŽ NEXT MOVE
đ BULL: Hold $10.79 â daily close > $12.50 â $13.64 retest â $15
đ BASE: Range $10.50-$12.50 through end of September
đť BEAR: Lose $10.79 â $9.87 â breakout failed, back to $9.32
September history for LINK: +39% (2023), +14% (2022), -37% (2020). Volatile month, either way.
Infrastructure plays lag the narrative, then catch up violently.
LINK to $15 or back to $10? đ
$LINK $ETH
#Chainlink #LINK #Oracles #RWA #Tokenization #CryptoAnalysis #BinanceSquare #Write2Earn
S&P Global bought OpenZeppelin. SEC opened the door for stocks on-chain. Nasdaq Texas got commodity trusts approved.
None of that works without oracles. LINK is the oracle.
đ PROGRESS
â Now: ~$11.20 (+4% today)
â June low $7 â Sept 7 high $13.64 â +94% off the lows
â Highest level since January before this pullback
â Now consolidating $11-$12 â healthy after a 94% run
⥠WHAT'S DRIVING IT
â Schwab announced LINK support â rally from $8.30 to $12.50
â DeFi Total Value Secured: $34B â $40B in ONE month
â 6,100 new wallets in 2 days â fastest growth of the year
â Binance long/short ratio 1.39 â traders leaning long
â Still -78% from $52.70 ATH
đŻ LEVELS THAT MATTER
đ˘ Support: $11.17 â $10.79 (20-day EMA â the line) â $9.87 (Supertrend) â $9.32
đ´ Resistance: $12.50 (where the rally stopped) â $13 â $13.64 (Sept high) â $14.39 (2026 high) â $15
đŽ NEXT MOVE
đ BULL: Hold $10.79 â daily close > $12.50 â $13.64 retest â $15
đ BASE: Range $10.50-$12.50 through end of September
đť BEAR: Lose $10.79 â $9.87 â breakout failed, back to $9.32
September history for LINK: +39% (2023), +14% (2022), -37% (2020). Volatile month, either way.
Infrastructure plays lag the narrative, then catch up violently.
LINK to $15 or back to $10? đ
$LINK $ETH
#Chainlink #LINK #Oracles #RWA #Tokenization #CryptoAnalysis #BinanceSquare #Write2Earn
