Top 10 DeFi Altcoins by Developer Activity: Chainlink Leads the Pack
Chainlink Dominates Developer Activity Rankings: Chainlink (LINK) has reclaimed the top position in Santiment's developer activity rankings with a score of 492.87, indicating strong development momentum in its ecosystem, while DeepBook Protocol and DeFiChain follow closely behind.
Emerging Projects in DeFi: Despite a small market cap, DeFiChain (DFI) ranks third with significant developer contributions, highlighting active development efforts in the DeFi sector alongside established projects like Synthetix and Liquity.
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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 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 | 3.241 | 5.195 | 7.261 | 9.215 | 11.281 | 13.235 | 15.301 |
| Fibonacci | 5.195 | 6.731 | 7.68 | 9.215 | 10.751 | 11.7 | 13.235 |
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