Chainlink Surges 30% as Key Support Level Holds

2025-12-14 18:10

Chainlink (LINK) has experienced a significant rebound, climbing nearly 30% over the past three days as it stabilizes around the $13–$14 support level. This recovery comes after a period of decline, with momentum indicators suggesting a reduction in selling pressure. Analyst Gihan Türkmén emphasizes the importance of the $13–$14 zone, noting its historical significance as both support and resistance. Technical indicators such as the RSI and MACD suggest a potential bullish reversal, but a decisive close above $14.80 is crucial for confirming a shift in the mid-term trend towards the $18–$23 range. Conversely, a close below $13 could trigger renewed selling pressure.

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