COMMIT FRAUD

Last updated: June 18, 2025, 12:52  |  Written by: Elizabeth Stark

Commit Fraud
Commit Fraud

The Critical Ascending Support Line

Over the weekend, Chainlink’s price broke out of the upper trendline of the falling wedge and validated the bullish breakout. Amid the breakout, CCN observed that the

The critical ascending support line which Chainlink price broke down recently indicated that its previous bullish trend could have transitioned towards a full bearish season.

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Chainlink Also Broke Down From

Identifying critical support and resistance levels, Chainlink is currently on a bearish path, heading toward the $12.44 support level. If the price breaks and closes below

Chainlink also broke down from a short-term ascending support trend line (dashed), losing its bullish structure. Another sign of a bearish trend is the upward movement

Chainlink Price Breaks Key Resistance: Can LINK Rally to $20?

Chainlink

Examining why Chainlink's breakout fizzled out right

Chainlink breaks out from bearish structure, but

Chainlink (LINK) has been gaining attention in the cryptocurrency space after breaking out of a long-standing bearish trend. On Ma, the altcoin surged

Chainlink (LINK) Faces Bearish Pressure, Approaches Critical $12

Elizabeth Stark can be reached at [email protected].

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