LINK falls 6.40% and tests key support levels
BROBROK News · Based on reporting by DiarioBitcoin ·
LINK dropped 6.40% in the reported daily reading while trading above its 30-day average volume, a sign of stronger activity during the move. Technical indicators remain weak, but the price is still above the 200-day SMA and no specific catalyst has been confirmed.
Key points
- LINK traded at $10.82 and remained below several short- and medium-term moving averages.
- Reported volume was 33.74% above the 30-day average.
- RSI at 39 and a bearish MACD point to weak momentum, not an extreme oversold reading.
- The 200-day SMA at $10.06 is the main technical reference mentioned in the report.
- There is no verified data on derivatives, on-chain activity, or a single cause for the decline.
Why it matters
For crypto investors, the move highlights how an asset can weaken without a clear news-driven trigger. Staying above the 200-day SMA may limit downside pressure, but near-term direction still looks fragile.
Original headline: “LINK cae 6,40% y pone a prueba soportes clave el 6 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.