![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
加密货币新闻
Chainlink (LINK) Faces Market Pressure, But Falling Wedge Pattern Signals Potential for Strong Upside
2025/01/13 01:41
Chainlink (LINK) has experienced a significant 22% drop from a local supply zone, testing crucial demand around the $20 mark. Despite this decline, the overall market sentiment surrounding LINK remains positive, with many analysts and investors seeing the current price action as a potential accumulation opportunity before a strong recovery.
A Falling Wedge Pattern Signals Potential for Strong Upside
Top analyst Carl Runefelt shared an insightful technical analysis, suggesting that Chainlink is currently trading within a falling wedge pattern on the daily timeframe. Falling wedges are typically considered bullish reversal patterns, often indicating that a breakout to the upside could be imminent. Runefelt believes that once LINK breaks above the descending resistance line of this pattern, the stage will be set for a substantial upward move.
Runefelt has set an initial price target of $30.94 for LINK following the anticipated breakout, signaling the possibility of a larger bull trend in the coming months. As such, this technical setup suggests that the current decline could just be a temporary pullback, with massive upside potential lying ahead for Chainlink.
Chainlink’s Growing Influence in DeFi and RWA Sectors
Beyond its technical outlook, Chainlink’s fundamentals remain strong. The altcoin has solidified its position as a major player in the Real World Assets (RWA) sector, contributing to the growth and expansion of decentralized finance (DeFi) ecosystems. A major milestone for Chainlink came with its groundbreaking collaboration with XRP to enhance the functionality and adoption of Ripple USD (RLUSD), a stablecoin designed for DeFi applications.
This partnership further strengthens Chainlink’s reputation as a key infrastructure provider, and its growing influence in the DeFi space has only enhanced its potential for future growth.
Critical Price Level: $20 And The Battle For Support
Currently, Chainlink is trading at $20, a crucial support level that marks a strong weekly demand zone. Analysts and investors are closely watching this price point, as it could determine the short-term trajectory of LINK’s price action. Holding above this critical support zone is essential for maintaining the bullish momentum that analysts are anticipating.
If Chainlink manages to sustain its price at $20, the path could be clear for a potential rebound toward the $25 mark. Breaching this resistance could trigger a broader rally, potentially propelling LINK to new highs as sentiment in the market turns more favorable. However, if the price fails to hold at this key level, LINK could experience further declines, potentially testing lower levels such as $16, which would likely shake short-term investor confidence.
Chainlink’s Path Ahead: Balancing Technicals And Fundamentals
Chainlink’s recovery potential depends on a few crucial factors: its ability to reclaim the $25 resistance, sustain above the $20 support, and whether its strong fundamentals continue to drive adoption in DeFi and RWA spaces. If LINK can maintain its footing at $20 and break above the wedge resistance, a strong rally could be on the horizon, with $30.94 acting as an early target for the altcoin’s next phase of growth.
The market’s sentiment, alongside technical factors, will likely dictate the future direction of LINK’s price, but for now, the $20 level remains a pivotal point in shaping its short-term outlook.
免责声明:info@kdj.com
所提供的信息并非交易建议。根据本文提供的信息进行的任何投资,kdj.com不承担任何责任。加密货币具有高波动性,强烈建议您深入研究后,谨慎投资!
如您认为本网站上使用的内容侵犯了您的版权,请立即联系我们(info@kdj.com),我们将及时删除。
-
-
-
- XRP可能正在闪烁长期看跌趋势的早期迹象
- 2025-04-03 17:35:12
- 目前,其MVRV比率(这是市场价值与人们实际为代币支付的价格)的降至200天移动平均线的下降。
-
- 天鹅连锁店通过与帕拉斯用的整合扩大了其影响力
- 2025-04-03 17:35:12
- 天鹅连锁店最近与Parasail建立了一项集成,以改善分布式人工智能(AI)计算操作。
-
- Ripple正式赢得了对SEC的案件,为加密工业树立了先例
- 2025-04-03 17:30:12
- 在加密货币行业的具有里程碑意义的胜利中,Ripple正式赢得了与美国证券交易委员会(SEC)的长期法律斗争。
-
-
-
-