Chainlink and Starknet Lead Ethereum Ecosystem Activity
Development Activity in Ethereum: In August 2025, Chainlink and Starknet led Ethereum's development activity, driven by strong developer engagement and significant token unlocks, which may induce market volatility.
Market Impact of Token Unlocks: Starknet's major token unlock introduced approximately $15.37 million to the market, potentially causing short-term price fluctuations, while historical trends indicate that such events often lead to temporary market volatility.
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Technical Analysis for LINK
Technical Sentiment Analysis for Chainlink (LINK). As of , Chainlink (LINK) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 3 indicators are flashing buy, while 0 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 crypto.
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 | 7.447 | 8.064 | 8.637 | 9.254 | 9.827 | 10.444 | 11.017 |
| Fibonacci | 8.064 | 8.518 | 8.799 | 9.254 | 9.708 | 9.989 | 10.444 |
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