๐ 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.
๐ PROGRESS
โ Now: ~$11.20 (+4% today)
โ June low $7 โ Sept 7 high $13.64 โ +94% off the lows
โ Highest level since January before this pullback
โ Now consolidating $11-$12 โ healthy after a 94% run
โก WHAT'S DRIVING IT
โ Schwab announced LINK support โ rally from $8.30 to $12.50
โ DeFi Total Value Secured: $34B โ $40B in ONE month
โ 6,100 new wallets in 2 days โ fastest growth of the year
โ Binance long/short ratio 1.39 โ traders leaning long
โ Still -78% from $52.70 ATH
๐ฏ LEVELS THAT MATTER
๐ข Support: $11.17 โ $10.79 (20-day EMA โ the line) โ $9.87 (Supertrend) โ $9.32
๐ด Resistance: $12.50 (where the rally stopped) โ $13 โ $13.64 (Sept high) โ $14.39 (2026 high) โ $15
๐ฎ NEXT MOVE
๐ BULL: Hold $10.79 โ daily close > $12.50 โ $13.64 retest โ $15
๐ BASE: Range $10.50-$12.50 through end of September
๐ป BEAR: Lose $10.79 โ $9.87 โ 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? ๐
$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.
๐ PROGRESS
โ Now: ~$11.20 (+4% today)
โ June low $7 โ Sept 7 high $13.64 โ +94% off the lows
โ Highest level since January before this pullback
โ Now consolidating $11-$12 โ healthy after a 94% run
โก WHAT'S DRIVING IT
โ Schwab announced LINK support โ rally from $8.30 to $12.50
โ DeFi Total Value Secured: $34B โ $40B in ONE month
โ 6,100 new wallets in 2 days โ fastest growth of the year
โ Binance long/short ratio 1.39 โ traders leaning long
โ Still -78% from $52.70 ATH
๐ฏ LEVELS THAT MATTER
๐ข Support: $11.17 โ $10.79 (20-day EMA โ the line) โ $9.87 (Supertrend) โ $9.32
๐ด Resistance: $12.50 (where the rally stopped) โ $13 โ $13.64 (Sept high) โ $14.39 (2026 high) โ $15
๐ฎ NEXT MOVE
๐ BULL: Hold $10.79 โ daily close > $12.50 โ $13.64 retest โ $15
๐ BASE: Range $10.50-$12.50 through end of September
๐ป BEAR: Lose $10.79 โ $9.87 โ 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? ๐
$LINK $ETH
#Chainlink #LINK #Oracles #RWA #Tokenization #CryptoAnalysis #BinanceSquare #Write2Earn
