Stellar (XLM) rallies to two-year peak after Franklin Templeton adoption
Stellar (XLM) Rally: Stellar's XLM has experienced a significant rally, breaking out of years of stagnation and reaching over $0.24, driven by increased trading volumes and the announcement of Franklin Templeton's shift to its network.
DeFi Growth and Institutional Support: Despite previous setbacks, Stellar is gaining traction in the DeFi space with a reported value locked of $31.66M and potential for further growth through partnerships like that with Franklin Templeton, which aims to tokenize assets across multiple chains.
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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 5 technical signals, shows that 1 indicators are flashing buy, while 4 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 | 4.47 | 5.81 | 7.4 | 8.74 | 10.33 | 11.67 | 13.26 |
| Fibonacci | 5.81 | 6.929 | 7.621 | 8.74 | 9.859 | 10.551 | 11.67 |
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