Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnAISquareMore
Chainlink price drops—Will LINK return to the 2022-2023 accumulation range?

Chainlink price drops—Will LINK return to the 2022-2023 accumulation range?

币界网币界网2026/02/05 13:47
Show original
According to a report by Bijie Network: Chainlink's LINK token is currently trading near $8.8, testing the upper limit of its 2022-2023 accumulation range ($6-9) after breaking below the $11-12 support zone. With momentum indicators weakening and a negative CMF suggesting capital outflows, unless buyers can reclaim the $11 support level to reverse market sentiment, LINK's price may still fall back to the $6.5-7.0 range.
0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

SoftBank CDS Approaches Three-Year High! Concerns Over OpenAI Financing Intensify, “Paper Wealth” Fails to Alleviate Cash Crunch

The credit default swaps (CDS) of SoftBank Group are hovering near a three-year high. Traders are assessing the potential impact of OpenAI’s financing plans, as OpenAI is one of SoftBank’s largest bets.

智通财经2026/09/16 06:46
SoftBank CDS Approaches Three-Year High! Concerns Over OpenAI Financing Intensify, “Paper Wealth” Fails to Alleviate Cash Crunch

Grab (GRAB.US) acquires 60% stake in buy-now-pay-later platform Atome for 1.49 billion USD, betting on consumer credit as the "next frontier"

Grab plans to first acquire 60% of Atome Financial with $1.49 billions in cash, and then purchase the remaining 40% after approximately two years.

智通财经2026/09/16 06:41
Grab (GRAB.US) acquires 60% stake in buy-now-pay-later platform Atome for 1.49 billion USD, betting on consumer credit as the "next frontier"

Singapore medical service provider LYC Healthcare prices IPO at $4 per share, raising the offering size by 67% to $25 million

LYC Healthcare increased the proposed size of its upcoming IPO on Tuesday. The company now plans to offer 6.3 million shares at a proposed price of $4 per share, aiming to raise $25 million.

智通财经2026/09/16 06:41
Singapore medical service provider LYC Healthcare prices IPO at $4 per share, raising the offering size by 67% to $25 million