• The current price of LINK is $24.93, and it has gone down by 2.2% over the last day, but has grown by 0.7% against BTC and 1.6% against ETH.
• Support rests at $24.83, with LINK in a stable trading position.
• Resistance is at $26.53, which constrained the upward drive in recent trading sessions.

Chainlink (LINK) is trading at $24.93 and down 2.2% over the past 24 hours. While falling, the token is unchanged against Bitcoin, up 0.7% at 0.0002234 BTC, and 1.6% against Ethereum at 0.005422 ETH. 

LINK is just above the nearest support at $24.83 and there is another resistance level higher at $26.53. This is what forms the near-term perspective, where speculators watch to see if the token can support the current range or push it sideways toward increasing levels.

LINK Steadies Above Key Support Amid Corrective Phase

The most significant support barrier to LINK is the $24.83 level. In recent trading, the token has been testing this range but has been able to stay above it. The continued existence of this threshold demonstrates the significance of the region in sustaining temporary form.

Notably, the 24-hour range reflects LINK’s controlled price movement within support and resistance boundaries. Holding ground here will be closely watched, as the token navigates through its current corrective move.

LINK Holds Range as Resistance Test Defines Next Move

Although LINK remains steady near support, upside progression faces resistance near $26.53. Previous sessions show repeated hesitation at this level, underlining the pressure created by sellers. A confirmed close above this point could redirect attention toward higher resistance zones. Until then, the $26.53 barrier continues limiting progress and shaping the near-term trading outlook. The test of this level is expected to define whether momentum can shift in favor of buyers.

While the token slipped 2.2% on the day, its relative strength against Bitcoin and Ethereum reflects a mixed picture. The gains against both majors indicate that LINK is not underperforming broadly but is instead reacting within its own defined range. 

This performance aligns with the observed technical structure, which keeps the token between $24.83 and $26.53. With these boundaries intact, traders are maintaining close attention on how LINK interacts with these levels during upcoming sessions.

Earn more PRC tokens by sharing this post. Copy and paste the URL below and share to friends, when they click and visit Parrot Coin website you earn: https://parrotcoin.net0

PRC Comment Policy

Your comments MUST BE constructive with vivid and clear suggestion relating to the post.

Your comments MUST NOT be less than 5 words.

Do NOT in any way copy/duplicate or transmit another members comment and paste to earn. Members who indulge themselves copying and duplicating comments, their earnings would be wiped out totally as a warning and Account deactivated if the user continue the act.

Parrot Coin does not pay for exclamatory comments Such as hahaha, nice one, wow, congrats, lmao, lol, etc are strictly forbidden and disallowed. Kindly adhere to this rule.

Constructive REPLY to comments is allowed