Crypto Gloom

Chain Link (Link) After 25% Rally

On March 26, 2025, ChainLink’s basic token, Link, received a lot of attention on social media after forming a strong price pattern for 4 hours. Since early February 2025, Altcoin has been moving in parallel channels.

But as today’s prices have soared, this long -term weakness is out of the long -term weakness.

According to Coinpedia’s technical analysis, the link seems to have experienced the price drop before because the link was decomposed in the officially descending channel pattern. In addition, we have overcome the resistance of 200 index moving average (EMA) for four hours.

Based on recent price behaviors and historical patterns, if LINK is supported for $ 15.15, 25%will be $ 19.30 in the future.

Source: Trade perspective

Currently, Altcoin is integrated within a solid range and suggests potential preparation for the upward rally.

Optimistic chain indicator

In addition to optimistic price behavior, the warm -chain metrics further support this positive view. Link’s social dominance is the highest in recent weeks and has a strong trend of tokens.

Link’s development activities, on the other hand, have reached its peak since early March 2025, which is another sign of strength. In addition, the supply of links to the exchange decreases, indicating that whales and investors potentially accumulate or withdraw their assets.

Considering all of these warmth metrics, the bull returns to support the future profit of the link.

Current price momentum

In the Prestime, the link has made nearly $ 15.40 and has surged more than 2.25% over the last 24 hours. However, during the same period, the volume of assets decreased by 20%, lowering the participation of traders and investors compared to the previous day.