BlockDAG's Presale Surges Over $405M with 3M Daily Miners, While WELF Plummets 88% and LINK Stays at $22
BlockDAG's Rapid Growth: BlockDAG has raised over $405 million and sold 26.2 billion coins, boasting 3 million daily miners and over 325,000 active participants, positioning itself as a leading crypto project with significant potential for 2025.
WELF Finance's Struggles: WELF Finance is facing challenges with an 88% drop from its peak, showing weak demand and a lack of momentum, which leaves its future uncertain and reliant on ecosystem updates for recovery.
Chainlink's Steady Performance: Chainlink remains a key player in decentralized finance, with a stable trading volume and a forecasted range trading between $23 and $24, despite recent price fluctuations and a mixed market outlook.
Contrast in Market Dynamics: The crypto landscape is marked by BlockDAG's proactive adoption and utility, while WELF Finance struggles to regain traction and Chainlink navigates cautious trading, highlighting the varying trajectories of these projects.
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for LINK
Technical Sentiment Analysis for Chainlink (LINK) As of , Chainlink (LINK) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 0 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for LINK stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, LINK is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Chainlink (LINK) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 3.561 | 5.355 | 7.251 | 9.045 | 10.941 | 12.735 | 14.631 |
| Fibonacci | 5.355 | 6.765 | 7.636 | 9.045 | 10.455 | 11.326 | 12.735 |
About LINK
About the author
