cryptd.in

Алтернативен LinkedIn за криптографски таланти

Chainlink Price Continues To Hover Around $12.5 — Levels To Watch

-

от

cryptd.in
в

The Chainlink price has not seen a lot of action in recent weeks, oscillating between the $12 and $13 levels since the start of April. This inactivity suggests that the altcoin is yet to recover from its uninspiring run in the first quarter of 2025.

With the way the LINK price is currently set up, the altcoin does not seem likely to witness a lot of action in the short term. However, a prominent crypto analyst on X has identified important levels that could be pivotal in the future trajectory of the Chainlink price.

Where Is LINK’s Next Major Resistance?

Popular crypto analyst Ali Martinez took to the X platform to offer on-chain insights into the current setup of the Chainlink price. While the LINK price continues to move within the $12 – $13 consolidation range at the moment, certain on-chain levels could be critical to its long-term journey.

This analysis is based on the average cost basis of several Chainlink investors. For context, cost-basis analysis evaluates the capacity of a level to serve as support or resistance, depending on the total amount of coins last acquired by investors at that price level. 

Chainlink price

As observed in the chart above, the size of the circle represents the amount of LINK tokens purchased within each price region and its corresponding strength. The bigger the dot, the higher the number of tokens, and the stronger the support or resistance; the green dots refer to support as they are beneath the current price, while the red dots refer to resistance as they are above the current price.

Data from IntoTheBlock shows that the Chainlink price has key support around the $12.28 – $12.62 region, where 11,130 addresses purchased 26.55 million LINK tokens (worth $331.07 million at an average price of $12.47). This region would act as an on-chain support, as investors with their cost basis around the level would likely defend their positions by buying more tokens, thereby cushioning the LINK price.

Martinez added that the altcoin faces major resistance around the $14.19 – $14.58 zone, where 20,930 investors acquired 21.19 million LINK tokens (worth $304.5 million at an average price of $14.37). Investors who bought tokens around this level are likely to sell if the Chainlink price returns around their cost basis, which would dampen the token’s bullish momentum and probably halt its upward movement.

As mentioned earlier, these support and resistance levels could be pivotal to LINK’s trajectory over the next few weeks. Specifically, losing the $12.28 support could see LINK fall below $11, as there is no significant cushion beneath it.

Chainlink Price At A Glance

As of this writing, the price of LINK stands at around $12.58, reflecting a mere 1% jump in the past 24 hours.

Chainlink price

Коментари

Вашият коментар

Вашият имейл адрес няма да бъде публикуван. Задължителните полета са отбелязани с *

Последни емисии

Популярни категории

bg_BG Български
bg_BG Български en_US English ro_RO Română et Eesti ko_KR 한국어 ja 日本語 ru_RU Русский de_DE Deutsch es_ES Español zh_CN 简体中文 fr_FR Français zh_TW 繁體中文 pt_PT Português it_IT Italiano pl_PL Polski tr_TR Türkçe nl_NL Nederlands id_ID Bahasa Indonesia el Ελληνικά uk Українська cs_CZ Čeština fi Suomi hu_HU Magyar lv Latviešu valoda lt_LT Lietuvių kalba nb_NO Norsk bokmål sk_SK Slovenčina sl_SI Slovenščina sv_SE Svenska

Търсене в уебсайта

Популярни истории

Етикети

#AlexeyPertsev (1) #BidenCryptoBan (1) #BidenElection (1) #BinanceVsCoinbase (1) #Bitcoin (276) #BitcoinETF (3) #BitcoinFundamentals (1) #BitcoinHandling (1) #BitcoinPrice (5) #BitcoinPriceLevel (1) #BitcoinPump (1) #BitcoinReserve (1) #BitcoinSurge (1) #BitcoinTop (1) #Bitfinex (1) #Bitwise (1) #BracebridgeCapital (1) #BRC20Токенс (1) Придобиване на #BTC (1) #BullishPrediction (1) 1TP5ТВълчи настроения (1) #CКитайска минна промишленост (1) #CPIPпреглед (1) #CryptoAsset (2) #CryptoBattle (1) #CryptoBoom (1) #CryptoExpert (1) #CryptoInsights (1) #CryptoMania (1) #CryptoMarket (4) #CryptoPrediction (1) #CryptoPredictions (1) #C Крипторегулация (2) #CryptoTakeoff (1) #CryptoTiming (1) #CryptoTips (1) #CryptoTreasury (1) #C Криптонесигурност (1) #DerivativeJump (1) #Dogecoin (48) #DogecoinGains (1) #DogecoinVolume (1) #DutchCourt (2) #EC Търговия (1) #ElSalvadorBitcoin (1) #Ethereum (57) #EthereumPain (1) #EthereumPrice (1) #ExpertOpinion (1) #FedRateCut (1) #FiatCurrency (1) #Финансово въздействие (1) #FinancialPrivacy (1) #FirmShutdown (1) #FrozenAccounts (1) #IllicitFunds (1) #InflationData (1) 1TP5Инвестиции (1) #InvestmentLoss (1) #JapaneseFirm (1) #Законодателни действия (1) #Правно въздействие (1) #Законодателство (1) #LightningNetwork (1) Пазарен анализ на #M (3) #M MarketMonitoring (1) #MПредвиждане на пазара (1) #MПредвиждания на пазара (1) #M MarketProjection (1) #M MarketSupport (1) #M Пазарна волатилност (1) #M Брак (1) #MemeCoin (5) #MemeCoins (2) #MinerProfitability (1) #M Изпиране на пари (2) #MtGox (3) #NorthKoreaCrypto (1) #NovogratzПредсказване (1) #PriceMilestone (1) #PПредвиждане на цените (2) #P ЦенаВъпрос (1) #P Ценови скок (1) #PrisonSentence (1) #QuantAnalysis (1) 1TP5Регулативен натиск (1) #SECAntiCrypto (1) #ShibaInu (4) #SocialBuzz (1) #Tехнически анализ (1) #Toncoin (3) #TornadoCash (3) #TornadoCashDev (1) #TornadoCashDeveloper (1) #UKCrypto (1) #UpsidePotential (1) #USCongress (1) #WyomingLand (1) #XR Цена (1) #XRP (1)

Полезни връзки

Връзки, които намерих за полезни и исках да споделя.