#Chainlink
🚀 Chainlink ($LINK ): Growth momentum and key levels
Over the past 24 hours, Chainlink has risen by 8.22% to $13.29, demonstrating strong momentum against the backdrop of the general recovery of the crypto market.
🔑 Key growth drivers
Institutional and corporate interest: Charles Schwab's announcement of the launch of LINK trading and Chainlink's integration with Coinbase pushed the price. An additional catalyst was the partnership agreement with Bottomline (over 600 million users), which opens access to the $16 trillion RWA market via the CCIP protocol.
Surge in trading activity: LINK is ahead of competitors ($TAO , $ICP ). Trading volume in 24 hours increased by 110% and reached $750 million.
Risk analysis: RSI reached 75.22, indicating short-term overbought conditions. A local correction is possible.
📊 Technical Analysis and Levels
Major Support: $12.00–$12.50
Nearest Resistance: $13.00
Target: $14.60–$14.70 (127.2% Fibonacci Retracement)
Holding above $13.00 will pave the way for a further rally ahead of the upcoming Circle "Arc" event (September 16).
📉 Be aware of the risks and follow your own risk management rules.
🚀 Chainlink ($LINK ): Growth momentum and key levels
Over the past 24 hours, Chainlink has risen by 8.22% to $13.29, demonstrating strong momentum against the backdrop of the general recovery of the crypto market.
🔑 Key growth drivers
Institutional and corporate interest: Charles Schwab's announcement of the launch of LINK trading and Chainlink's integration with Coinbase pushed the price. An additional catalyst was the partnership agreement with Bottomline (over 600 million users), which opens access to the $16 trillion RWA market via the CCIP protocol.
Surge in trading activity: LINK is ahead of competitors ($TAO , $ICP ). Trading volume in 24 hours increased by 110% and reached $750 million.
Risk analysis: RSI reached 75.22, indicating short-term overbought conditions. A local correction is possible.
📊 Technical Analysis and Levels
Major Support: $12.00–$12.50
Nearest Resistance: $13.00
Target: $14.60–$14.70 (127.2% Fibonacci Retracement)
Holding above $13.00 will pave the way for a further rally ahead of the upcoming Circle "Arc" event (September 16).
📉 Be aware of the risks and follow your own risk management rules.
