MyLinks narxilink

#Chailink Needs to Bounce here ! $LINK

remember the multi-year rally of $LINK to 20B+ mcap? $TIBBIR will dwarf that imo. post-stealth tibbir will have the same "integration spree" with unicorns accross the ribbit cap portfolio, plus: - 100% of tokens are in circulation - KYA (Know your agent): fintech & crypto & AI - total addressable market: 2 billion + ppl do you think it's a coincidence @vladtenev , ceo of the $120 billion robinhood, replied to a 8 month old tweet of tibbir?

$LINK Price Prediction: #Chainlink Targets $16.50 in 2-Week Recovery Play Despite Current Bearish Momentum LINK price prediction shows potential 16% upside to $16.50 within 2 weeks as oversold conditions $NEAR lower Bollinger Band suggest bounce from current $14.18 levels.

Chainlink has seen its price slip by 1.87%, bringing it down to approximately $14.18. This latest movement adds to a broader downtrend that has weighed on the asset over the past week. Throughout this period, $LINK has struggled to maintain any meaningful momentum above the $15 mark, signaling clear weakness in buyer confidence. The current decline has pulled the token back into a multi-year trendline that has acted as a key structural element in its broader market behavior since early 2023. This development is significant because long-term trendlines often act as psychological and technical anchors for both traders and long-term holders. After several weeks of sustained selling pressure, $LINK has now slipped into price zones last visited before the previous market reset, reinforcing the idea that the market is still digesting recent volatility. The overall crypto market has mirrored this tone, posting another decline in major assets such as Bitcoin and Ethereum, which signals a continued cautious sentiment across the board. One of the most notable events in Chainlink’s recent price action is the loss of its crucial $16 support level. This wasn’t just any support zone it represented a key area of accumulation where traders and institutions had previously stacked up around 53.87 million LINK tokens. Historically, such accumulation zones often provide a reliable base for rebounds. However, in this case, sellers overwhelmed buyers, causing the level to break. This breach suggests a potential shift in market dynamics, where previous confidence areas are no longer holding. With the breakdown of this zone, $LINK is now more vulnerable to further downward movements, especially if market conditions do not improve in the near term. The cost-basis heatmap, which previously showed strong support at this range, now reflects weakening momentum and reduced buying interest. At the time of writing, Chainlink is trading around $14.23, registering a mild daily drop but holding within a consolidation band between $14.00 and $14.50. This narrow range indicates indecision, where neither buyers nor sellers have established firm control. However, the chart shows clear horizontal resistance around $15.50 and further up at $17.00. These levels now act as barriers that $LINK must reclaim before any strong recovery can begin. If the current support at $14.00 fails, a slide toward $13.00 becomes a realistic downside target. Conversely, if $LINK manages to break and maintain levels above $14.50, it could open the path toward $15.50 — and reclaiming that would greatly improve its short-term outlook. A successful push toward $17.00 would mark a meaningful shift in momentum. Technical indicators further highlight the cautious tone surrounding $LINK. The MACD continues to trend downward, with the MACD line sitting beneath the signal line — a classic sign of weakening momentum. The negative histogram bars reinforce this bearish stance, suggesting more pressure could emerge if buyers remain inactive. Meanwhile, the Relative Strength Index (RSI) is currently at 41, signaling that the asset is approaching oversold territory. While this does not guarantee a reversal, it often precedes short-term stabilization or relief rallies, especially when combined with a major trendline retest. In summary, Chainlink is at a pivotal point in its price structure. The loss of key support, combined with ongoing market uncertainty, means the token could face additional downward pressure in the short term. However, the long-term outlook remains favorable as long as $LINK can stabilize above its major trendline and gradually rebuild momentum. A recovery above $15.50 and eventually $17.00 would significantly strengthen the bullish case. Until then, traders are likely to remain cautious while watching how $LINK behaves around its current support zones.