@tmkban
Current Market and Technical Overview
Part 1: Market Snapshot and Price Performance
Chainlink ( $LINK ) is trading at $13.69, showing modest positive movement of +0.53% over 1 hour and +1.84% over 24 hours, yet it faces weekly and monthly declines of -13.17% and -24.33%, respectively. The market volume remains strong at approximately $879 million over 24 hours. Despite bearish price action and broken key daily support levels at $14.68 and $14.20, daily indicators such as the EMA, RSI at 34.82, and negative MACD histogram confirm a weak momentum environment nearing oversold conditions. Expert price forecasts predict LINK’s price may test lows around $13.12 before potential recovery toward higher targets later in November and December 2025.