LINK rises 3.79%, but technical signals remain weak
BROBROK News · Based on reporting by DiarioBitcoin ·
LINK gained 3.79% on the day and traded on volume above its 30-day average, pointing to stronger market activity. Even so, the token remains below several moving averages and is still down sharply over the past month, limiting signs of a clean trend reversal.
Key points
- LINK traded at $11.44, up 3.79% for the day.
- Daily volume came in 35.24% above the 30-day average.
- RSI sits at 40.9 and MACD remains bearish.
- The price is still below short- and medium-term moving averages.
- Use cases in tokenized assets and prediction markets may support Chainlink, but no direct link to the move is confirmed.
Why it matters
For investors, the key point is that the rebound came with stronger trading activity but without clear technical confirmation. That makes the move more of a tentative recovery than a confirmed trend shift.
Original headline: “LINK el 31 de octubre de 2026: rebote con señales técnicas todavía frágiles”
Read the original on DiarioBitcoin
Summary and analysis written by BROBROK News from the original report. Read the full story on the source website. Not investment advice.