Chainlink

Chainlink, the oracle network token connecting smart contracts to real-world data, priced against the US dollar.

12.280+8.32%

Price · last 3 months

Live · CoinGecko

Market trend

Bullish

88/100 confidence

Chainlink is clearly bullish on this timeframe.

Confidence measures how much the indicators agree with each other. It is not a probability that a trade will be profitable.

Signals behind this

Price vs long-term averagebullish
EMA 20 vs EMA 50bullish
MACD momentumbearish
RSI (14)bullish
Bollinger positionbullish
Market structurebullish

Key levels

12.530+2.03%
13.441+9.45%

Price12.280

11.970-2.53%
10.969-10.68%
8.110-33.96%

54.2%annualised · normal

Volatility is around its normal level for this market — no particular warning signal from the range itself.

How this developed

Major moves, trend changes, level breaks and news for this window, newest first.

Jumped 8.21% in one bar
Price move
A genuinely large move for this market, not just a large-looking percentage — it moved 1.7× its typical daily range (4.78%).
23h ago
Dropped 5.77% in one bar
Price move
A genuinely large move for this market, not just a large-looking percentage — it moved 1.3× its typical daily range (4.51%).
4d ago
Closed below 10.969
Level break
That price is one of today's key levels — this is when price last closed on the other side of it.
4d ago
Dropped 6.78% in one bar
Price move
A genuinely large move for this market, not just a large-looking percentage — it moved 1.6× its typical daily range (4.33%).
10d ago
Closed below 11.970
Level break
That price is one of today's key levels — this is when price last closed on the other side of it.
10d ago
Jumped 8.67% in one bar
Price move
A genuinely large move for this market, not just a large-looking percentage — it moved 2.0× its typical daily range (4.27%).
13d ago
Closed above 12.530
Level break
That price is one of today's key levels — this is when price last closed on the other side of it.
13d ago
Jumped 7.24% in one bar
Price move
A genuinely large move for this market, not just a large-looking percentage — it moved 1.7× its typical daily range (4.18%).
16d ago
Closed below 11.970
Level break
That price is one of today's key levels — this is when price last closed on the other side of it.
22d ago
Dropped 4.98% in one bar
Price move
A genuinely large move for this market, not just a large-looking percentage — it moved 1.3× its typical daily range (3.79%).
28d ago
Closed below 11.970
Level break
That price is one of today's key levels — this is when price last closed on the other side of it.
28d ago
Jumped 14.72% in one bar
Price move
A genuinely large move for this market, not just a large-looking percentage — it moved 3.7× its typical daily range (3.95%).
29d ago
Jumped 11.49% in one bar
Price move
A genuinely large move for this market, not just a large-looking percentage — it moved 3.3× its typical daily range (3.48%).
Aug 19
Jumped 6.57% in one bar
Price move
A genuinely large move for this market, not just a large-looking percentage — it moved 2.1× its typical daily range (3.07%).
Aug 15
Jumped 5.61% in one bar
Price move
A genuinely large move for this market, not just a large-looking percentage — it moved 2.0× its typical daily range (2.85%).
Aug 11
Jumped 4.03% in one bar
Price move
A genuinely large move for this market, not just a large-looking percentage — it moved 1.2× its typical daily range (3.36%).
Aug 2
Closed below 8.110
Level break
That price is one of today's key levels — this is when price last closed on the other side of it.
Aug 1
Dropped 3.70% in one bar
Price move
A genuinely large move for this market, not just a large-looking percentage — it moved 1.2× its typical daily range (3.14%).
Jul 31
Dropped 4.06% in one bar
Price move
A genuinely large move for this market, not just a large-looking percentage — it moved 1.4× its typical daily range (2.99%).
Jul 27
Jumped 4.79% in one bar
Price move
A genuinely large move for this market, not just a large-looking percentage — it moved 1.6× its typical daily range (2.99%).
Jul 26

Showing the 20 most recent of 21 events in this window.

Summary

Writing

Technical indicators

Computed from 90 bars over the last 3 months.

11.463 / 10.658

bullish

The 20-period average sits above the 50-period average, which is the classic shape of an uptrend. Price above both means buyers have controlled the recent range.

60.3

bullish

At 60 momentum is in the normal band — neither stretched nor exhausted, so RSI is not arguing for a reversal in either direction.

0.22323

bearish

MACD sits below its signal line — short-term momentum has rolled over relative to the medium-term trend, which typically precedes or confirms a pullback.

1.06× average

neutral

Volume is close to its period average — participation is normal and is neither confirming nor contradicting the price move.

0.543 (4.42%)

neutral

The market has been moving about 0.543 per bar, or 4.42% of price. This is the number position sizing and stop placement should be built around — a stop tighter than this will be hit by ordinary noise.

Two ways this could go

Both paths are shown with equal weight. Neither is a prediction.

Potential bullish scenario

Trigger: A daily close above 12.530 on above-average volume
If it fires: 13.441 as the next area where sellers have previously stepped in
Invalidation: A move back below 11.970 would void this idea

If buyers can absorb the supply sitting at 12.530 and hold above it into a close, the path of least resistance opens toward 13.441. The broader trend already supports this, so it would be continuation rather than a reversal. Given the market is moving roughly 0.543 per bar, allow at least that much room before treating a wick through the level as a real breakout.

Potential bearish scenario

Trigger: Losing 11.970 and failing to reclaim it
If it fires: 10.969, the next level where buyers previously defended
Invalidation: Reclaiming 12.530 would void this idea

If 11.970 gives way and the market cannot recover it quickly, the next obvious area of interest is 10.969. This runs against the prevailing trend, so it would most likely need a catalyst rather than developing on its own. With volatility contained, expect the move to develop over several bars rather than in one impulse.

Trading risks

This analysis reads price history. It cannot anticipate news, and markets reprice on news faster than any indicator updates.
Crypto trades 24/7, so a position can move substantially while you are asleep with no session close to protect you.
Liquidity thins dramatically during weekends and holidays, which exaggerates both directions.
Regulatory headlines remain the single largest source of unhedgeable overnight risk.

Key events to watch

Spot ETF flow data, published daily
Exchange reserve balances and large on-chain transfers
Regulatory announcements and enforcement actions in major jurisdictions

What actually drives Chainlink: oracle network adoption, DeFi total value locked, staking flows.

This analysis is educational and should not be considered financial advice. It is generated from historical price data and can be wrong. Markets reprice on news faster than any indicator updates. Never risk money you cannot afford to lose.

Generated Sep 18, 10:46 PM · Live market data from CoinGecko.