Chainlink (LINK/USDT) Exhibits Stabilizing Uptrend Amid Rising Trading Volume
Estimated Reading Time: 3 minutes
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong. Take 2 minutes to learn more
In the last 24 hours, ChainLink against Tether has seen a 1.84% rise, bringing its weekly gain to 7.73%, though the pair still remains down 5.3% for the month. Meanwhile, according to market reports, the bullish price action is largely driven by strong institutional concerns and partnerships, which have led to strong technical indicators, as evidenced by the rising Stochastic RSI.
However, despite strong positive indications, the market has also witnessed increased whale activity, with over 695,000 LINK tokens withdrawn from exchanges in just 48 hours, suggesting growing investor confidence.
Currently, ChainLink trades at $13.30, recording more than 594,000 traded volumes.
Technical Indicators
Major Resistance Levels: $13.50, $13.88, and $14.30
Major Support Levels: $13.00, $12.76, and $12.00
Technical Analysis
On the daily chart, the market for ChainLink against Tether appears somewhat bullish as indicated by the impending bullish interchange of the Guppy Multiple Moving Averages (GMMA). This signals the market is gaining momentum in recent times as bullish participation increases.
Additionally, the Stochastic RSI beneath the chart signals a strong buying pressure as the blue reads 98.94. This signals that trading momentum is somewhat bullish. However, the overbought condition signals a pullback may be imminent. Therefore, without a break above $13.60-$13.88, the price may settle at the current level.
Chainlink (LINK) shows bullish momentum 🚀, trading at $13.16 with strong support at $12.80 🟢. LINK/BTC charts indicate potential short-term upside toward $16 📈. Watch for breakouts above $13.50 or retracements as buying opportunities. LINK Cryptohttps://t.co/qKqNvvInSW
— TWJ News (@TronWeekly) January 4, 2026
As it stands, @Tronweekly has pointed out the fact that Chainlink is showing bullish momentum, suggesting the token has built a solid support at $12.80. The analyst also explained that the trading pair LINK/BTC shows a potential short-term upside toward $16. To this end, traders were advised to wait for a breakout above $13.50 or use any retracements as buying opportunities to analyze the best entry point.
LINK/USDT Analysis: Showing Strong Uptrend Potentials
On the 4-hour timeframe, LINK/USDT displays a complete bullish crossover as indicated by the GMMA. As it stands, the price appears to have bounced from $12.75 support with lesser buying pressure. However, the direction of the short-period EMAs signal continued an uptrend.
From another direction, the momentum oscillator suggests the market may be stabilizing as the lines operate around the neutral zone. This suggests that if the price is not going up from this point, a possible short-term pullback towards $13.00 may be seen.
You can purchase crypto coins here. Buy Crypto
