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Chainlink (LINK) Price Prediction for August 14


by Parshwa Turakhiya
for CoinEdition
Chainlilnk-(LINK)-Price-Prediction-Analysis-This-Month

Chainlink is trading at about $24.19, which is an extension of the sharp rise that started in early August from the $14.00 area. The move has broken through a downward trendline that has kept the price from going up since November 2024. It has now reached a key resistance zone between $24.20 and $24.64. Strong volume profile support at $21.04 and bullish on-chain flows are keeping the momentum going.

Indicator/ZoneLevel / Signal
Chainlink price today$24.19
Resistance 1$26.46 (Fib 0.786)
Resistance 2$30.93 (2024 high)
Support 1$23.00
Support 2$21.04 (Volume Profile Node)
Trendline StructureBullish breakout
RSI (4H)Elevated, bullish
Supertrend (4H)Bullish above $21.12
EMAs (20/50/100/200, 1D)Bullish stack, 20 EMA at $19.47
DMI (14,14)+DI 52.78, ADX strong
Spot Netflow (Aug 13)$12.61M inflow
Smart Money BOSAbove $22.95
LINK price dynamics (Source: TradingView)

LINK has broken through several resistance levels on the daily chart, including the Fibonacci zones at $18.00 and $20.50, and is now testing the 0.786 retracement at $26.46. 

LINK price dynamics (Source: TradingView)

Th…

The post Chainlink (LINK) Price Prediction for August 14 appeared first on Coin Edition.

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Chainlink (LINK) Price Prediction for August 14


by Parshwa Turakhiya
for CoinEdition
Chainlilnk-(LINK)-Price-Prediction-Analysis-This-Month

Chainlink is trading at about $24.19, which is an extension of the sharp rise that started in early August from the $14.00 area. The move has broken through a downward trendline that has kept the price from going up since November 2024. It has now reached a key resistance zone between $24.20 and $24.64. Strong volume profile support at $21.04 and bullish on-chain flows are keeping the momentum going.

Indicator/ZoneLevel / Signal
Chainlink price today$24.19
Resistance 1$26.46 (Fib 0.786)
Resistance 2$30.93 (2024 high)
Support 1$23.00
Support 2$21.04 (Volume Profile Node)
Trendline StructureBullish breakout
RSI (4H)Elevated, bullish
Supertrend (4H)Bullish above $21.12
EMAs (20/50/100/200, 1D)Bullish stack, 20 EMA at $19.47
DMI (14,14)+DI 52.78, ADX strong
Spot Netflow (Aug 13)$12.61M inflow
Smart Money BOSAbove $22.95
LINK price dynamics (Source: TradingView)

LINK has broken through several resistance levels on the daily chart, including the Fibonacci zones at $18.00 and $20.50, and is now testing the 0.786 retracement at $26.46. 

LINK price dynamics (Source: TradingView)

Th…

The post Chainlink (LINK) Price Prediction for August 14 appeared first on Coin Edition.

Read the article at CoinEdition

Read More

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