Chainlink Records Strongest Network Growth Days of 2026
- Significant Network Growth: Chainlink added nearly 9,000 new addresses between June 25 and 27, with daily additions of 2,989, 3,032, and 2,882, indicating a notable spike in network activity for 2026, even as the token price remains below earlier levels.
- Market Participation Signal: The increase in new addresses is often viewed as a signal of fresh user and trader participation, and while this metric does not alone prove sustained demand, it reflects a rising market interest in Chainlink.
- Strengthened Infrastructure Position: Chainlink's fourth place in Fortune's Crypto 100 protocol ranking underscores its recognition as a key infrastructure project in crypto, despite LINK's price not aligning with the growth in network activity.
- CCIP Drives Growth: The address growth coincides with a broader push around CCIP, data feeds, and cross-chain security, highlighting Chainlink's importance in the larger ecosystem, particularly as cross-chain security becomes increasingly critical.
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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 7 technical signals, shows that 2 indicators are flashing buy, while 5 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 | 5.777 | 6.393 | 6.943 | 7.559 | 8.109 | 8.725 | 9.275 |
| Fibonacci | 6.393 | 6.839 | 7.114 | 7.559 | 8.005 | 8.28 | 8.725 |
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