Chainlink (LINK) Price Prediction for August 13
Main Idea
The Chainlink (LINK) price is currently trading around $21.25 after breaking out from the $18.00 resistance zone, with mixed signals from indicators about its next move.
Key Points
1. Chainlink's price recently broke out from the $18.00 resistance zone, testing the $22.00 area before stalling.
2. Key technical indicators include EMA20/EMA50 bullish alignment, Bollinger Bands showing resistance at $22.53, and Supertrend support at $20.07.
3. The price is currently near the 0.618 Fibonacci retracement level at $22.98, with support levels at $19.60 and $18.06.
4. A bullish push above $22.00 could target $22.98 and $26.48, while a drop below $20.00 may shift focus to $18.80 and $18.06 support zones.
5. Spot netflow shows a $7.72M outflow in the last 24 hours, indicating profit-taking after the rally.
Description
The Chainlink price today is trading around $21.25. This is after a big breakout from the $18.00 resistance zone earlier this month. This move was a clear break above several descending trendlines on the daily chart, which pushed LINK to test the $22.00 area before it stopped. The token is at a crucial decision point after the rally, with both market flows and momentum indicators giving mixed signals about what to do next. Chainlink Price Forecast Table: August 13, 2025 Indicator/Zone Level / Si...
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