Ayzal
06/11 18:08
Chainlink Tops Ethereum on GitHub Amid Rising RWA Adoption and LINK Price Movement
- Technically, LINK broke key resistance near $15.50; analysts target $17.50-$19.00 if bullish momentum continues.
- Bullish technical signals include positive MACD divergence, supporting the case for further potential price appreciation.
Chainlink (LINK) is trading at $15.57 USD, marking a +0.82% daily increase. Over the past week, LINK has rallied +10.36%, showing strong momentum despite being down −8.92% over the past month, −21.98% year-to-date, and −46.50% over the last six months. This rebound follows an extended corrective phase and may signal the start of a trend reversal.
Technically, LINK has rebounded from the $13.58 support zone and broken above the $15.30–$15.50 resistance area, reclaiming bullish territory. ETHNews analysts are pointing to a possible continuation toward $17.50 and $19.00, particularly if Bitcoin remains strong and market risk appetite improves.....
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