Chainlink pulls back and tests key support levels
BROBROK News · Based on reporting by DiarioBitcoin ·
LINK is trading at $11.26 after a reported daily drop of 2.84%, although that figure does not fully match the move versus the prior close. The token remains below several moving averages, with an RSI of 39.4 and a bearish MACD, while a Polymarket integration offers a potential adoption catalyst.
Key points
- LINK is trading at $11.26, with short-term technical pressure
- RSI at 39.4 and a bearish MACD point to weak momentum
- Daily volume was 10.20% below the 30-day average
- Polymarket launched 15-minute gold and silver markets with Chainlink
- No data was provided for open interest, funding rates, or on-chain activity
Why it matters
The story shows that an adoption-related announcement may not be enough to lift price when the technical setup remains weak. For crypto investors, it highlights the gap that can exist between use-case news and immediate market performance.
Original headline: “Chainlink (LINK) retrocede 2,84% y pone a prueba soportes clave el 2 de noviembre de 2026”
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.