LINK falls 2.12% and nears a key technical support
BROBROK News · Based on reporting by DiarioBitcoin ·
Chainlink (LINK) dropped 2.12% and is trading below its short- and medium-term moving averages, while an RSI reading of 38 points to weak momentum without clear oversold conditions. The token remains above its 200-day SMA, leaving a longer-term reference level in place.
Key points
- LINK traded at $11.11 after a daily loss of 2.12%.
- Price stayed below the 7-, 30- and 90-day SMAs.
- An RSI of 38 and a bearish MACD point to weak momentum.
- Daily volume was 1.93% below the 30-day average.
- The 200-day SMA at $10.03 remains an important long-term level.
Why it matters
The move points to short-term technical pressure without a specific news catalyst in the source. For crypto investors, it shows LINK still has a longer-term support reference, even as recent trend signals remain weak.
Original headline: “Chainlink (LINK) cae 2,12 % y se acerca a un soporte decisivo el 3 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.