#LINK is currently trading at around $11.35, down more than 25% from its late-September peak of nearly $15.50. Prices have continued to decline recently and have fallen below the 50-day and 100-day moving averages, indicating that sellers remain in control. These moving averages are acting as resistance at around $12.30 and $11.50, respectively.
LINK’s RSI is currently around 35, indicating weak buying momentum. However, it has not yet entered deeply oversold territory, so prices remain at risk of further declines.
Key levels to watch:
Key support: $11. A break below this level could lead to further declines toward $10 or even $9.50.
Resistance above: $11.50, $12, and $12.50. The outlook may improve only if prices gradually reclaim these levels.
LINK’s RSI is currently around 35, indicating weak buying momentum. However, it has not yet entered deeply oversold territory, so prices remain at risk of further declines.
Key levels to watch:
Key support: $11. A break below this level could lead to further declines toward $10 or even $9.50.
Resistance above: $11.50, $12, and $12.50. The outlook may improve only if prices gradually reclaim these levels.