Top 10 Altcoins Dominating Developer Activity: Here’s the List
Developer Activity in Crypto: High developer activity is a key indicator of a project's strength and longevity, with Chainlink (LINK), Ethereum (ETH), and Status (SNT) leading in contributions among ERC-20 projects according to Santiment's analysis.
Importance of Developer Engagement: Tracking developer activity provides insights into a project's growth potential, as increased contributions often indicate new features or improvements, while decreased activity may suggest stagnation or waning community interest.
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 | 3.549 | 5.35 | 7.239 | 9.04 | 10.929 | 12.73 | 14.619 |
| Fibonacci | 5.35 | 6.759 | 7.63 | 9.04 | 10.449 | 11.32 | 12.73 |
About LINK
About the author
