Technical analysis by sorooshx about Symbol LINK on 10/18/2025

Price: $16.61 Up 0.81% (24h) after testing $16.96 resistance. Technical Analysis: Supports: $16.00, $15.50 Resistance: $17.00, $18.00 RSI: 46.75 (daily, neutral) MACD: -0.19 (daily, sell) EMAs: Below 50-day ($17.00), above 200-day ($15.00) Bollinger: Near mid-band ($16.50) LINK/BTC Chart Analysis: Ratio: 0.000248 Supports: 0.000240, 0.000230 Resistance: 0.000260, 0.000270 RSI: 50 (daily, neutral) MACD: Neutral, slight bearish divergence Patterns: Symmetrical triangle forming (October 1–18) Head and Shoulders potential (daily, bearish) Bullish Engulfing: October 15 Plot on TradingView for visualization. On-Chain Analysis: MVRV: Neutral, fair valuation Exchange Reserves: Stable, moderate selling Whale Activity: 4,624 large transactions, 73% surge in accumulation Coin Days Destroyed: Moderate, profit-taking Glassnode Funding Rate: Neutral on CEXs (SorooshX/OKX perpetual futures ~0.01%, balanced leverage) Fundamental News: Macro: Fed rate cuts Q4 2025, easing inflation Regulatory: S&P Global partners with Chainlink for on-chain stablecoin assessments Institutional: Franklin Templeton, DTCC, Euroclear adopt Chainlink for tokenized assets Social Sentiment: 450K+ #LINK mentions on X 60% bullish (S&P partnership, whale accumulation, $55 target predictions) Trend & Chart Patterns: Symmetrical Triangle: Forming (October 1–18) Head and Shoulders: Potential bearish reversal on daily Bullish Engulfing: October 15 Trend: Neutral short-term, breakout risk both ways Long-term: $20–$55 (2026) Buy/Sell Signal: Hold (55% confidence) Rationale: Neutral RSI/MACD and funding rates suggest consolidation; whale accumulation and partnerships support upside, but Head and Shoulders risks pullback. Hold or buy on dips: $16.00 or $15.50 Stop-loss: <$15.50 Target: $18.00 short-term, $55 (Q4 2026) Disclaimer: Research before investing. #LINK