Solana's ETF Debut and LINK Whales Create Buzz, Yet BlockDAG Takes the Spotlight with $430M Achievement!
Market Trends: The crypto market is shifting focus towards real-world utility and scalable networks, with Solana and Chainlink facing mixed indicators while BlockDAG gains traction, surpassing $430 million in fundraising and preparing for its mainnet launch.
Solana ETF Launch: The upcoming launch of Asia's first Solana ETF on October 27, 2025, is expected to enhance institutional interest, although short-term technical indicators suggest caution as Solana's price hovers around $186.48.
Chainlink Whale Activity: Chainlink is experiencing increased whale accumulation, with over 6.25 million LINK tokens withdrawn from exchanges, indicating confidence among large holders despite current price pressures around $17.52.
BlockDAG's Progress: BlockDAG is in its final pre-mainnet phase, focusing on transparency and scalability, with a roadmap that emphasizes operational maturity and a commitment to delivering a high-performance blockchain ecosystem.
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 5 technical signals, shows that 1 indicators are flashing buy, while 4 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 | 3.537 | 5.343 | 7.227 | 9.033 | 10.917 | 12.723 | 14.607 |
| Fibonacci | 5.343 | 6.753 | 7.624 | 9.033 | 10.443 | 11.314 | 12.723 |
About LINK
About the author
