Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
What’s the Latest on Chainlink (LINK)? Analysis Firm Assesses the Likelihood of a Recovery

What’s the Latest on Chainlink (LINK)? Analysis Firm Assesses the Likelihood of a Recovery

CryptoNewsNetCryptoNewsNet2025/12/14 11:48
By:en.bitcoinsistemi.com

In its latest technical analysis of Chainlink (LINK), cryptocurrency analytics company MakroVision stated that the asset is seeking a recovery after a sharp correction, but a strong trend reversal has not yet been confirmed.

According to MacroVision's assessment, LINK has begun to show signs of stability for the first time after the significant pullback in recent months. The fact that the price is holding above the critical support zone, particularly in the $12.6–$12.9 range, indicates that selling pressure is weakening in the short term. Analysts also believe that candlestick patterns now point to a consolidation process rather than an aggressive decline.

However, MakroVision emphasizes that the current recovery is still technically fragile. As long as the LINK price remains below the main resistance zones, any upward attempts are likely to be limited and temporary.

The analysis highlights the $17.2 level as the upper band of the price movement. According to the company, a sustained break above this level could significantly improve the technical outlook for Chainlink and re-establish upward momentum. Such a scenario could also pave the way for a broader recovery.

In its conclusion, MacroVision stated that Chainlink is currently searching for direction.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Clean Energy Market Liquidity: The Role of CFTC-Authorized Platforms in Driving Institutional Capital

- CFTC-approved platforms like CleanTrade now inject $16B+ liquidity into clean energy derivatives via SEF status, attracting institutional investors. - Regulatory clarity for VPPAs/PPAs contrasts with withdrawn VCC guidance, creating market uncertainty despite anti-manipulation safeguards. - Q3 2025 saw record $75B U.S. clean energy investment, driven by BlackRock/Goldman Sachs hedging tools and ESG alignment. - ESG investment in renewables projected to surge from $39T to $125T by 2032, with CFTC platform

Bitget-RWA2025/12/15 02:32
Clean Energy Market Liquidity: The Role of CFTC-Authorized Platforms in Driving Institutional Capital

CleanTrade Receives CFTC Authorization: Transforming Liquidity and Attracting Institutional Capital in Clean Energy

- CleanTrade's CFTC-approved SEF status unlocks institutional liquidity in fragmented clean energy markets, enabling $16B in notional trades within two months. - The platform transforms bilateral VPPA/REC trading into a regulated commodity-like market with real-time analytics and risk management tools for ESG-aligned portfolios. - With ESG assets projected to grow from $39T to $125T by 2032, CleanTrade bridges sustainability and profitability through scalable, transparent renewable asset trading. - Policy-

Bitget-RWA2025/12/15 02:16
CleanTrade Receives CFTC Authorization: Transforming Liquidity and Attracting Institutional Capital in Clean Energy

Key Market Information Discrepancy on December 15th - A Must-Read! | Alpha Morning Report

1. Top News: CZ Confirms Further Increase in ASTER Holdings: Actual Position Size Exceeds $2 Million 2. Token Unlocking: $SEI, $GAL, $SVL, $TRIBL, $VRTX

BlockBeats2025/12/15 01:21
Key Market Information Discrepancy on December 15th - A Must-Read! | Alpha Morning Report
© 2025 Bitget