Chainlink flips to bullish weekly structure, $15.01 resistance in focus
- —LINK closed Sept. 30 at $14.363, down 5.40% on Sept. 29 and 1.62% on Sept. 30
- —Weekly DMI signals an uptrend, RSI is not overbought, and OBV has recovered since July
- —Grayscale added 159,480 LINK worth ~$2.36M on Sept. 29, bringing September buys to 629,100 LINK
- —Bitwise's Sept. 28 filing states the trust does not currently stake LINK
Why it matters: A break above $15.01 would confirm LINK's trend reversal, but without real CCIP 2.0 demand the rally may stay technical.
Source: TokenPost