Chainlink (LINK) Price Analysis for Today, September 23 – LINK Technical Analysis
Chainlink (LINK) has drawn attention due to its regular token unlock events. Despite a recent increase in circulating supply from the 18.75 million LINK tokens unlocked (worth $215 million), on-chain data suggests the possibility of a price rally. History shows that LINK has often seen upward momentum after unlocks, with seven out of the last eight events resulting in gains. LINK Key Statistics Current Price: $11.3 Market Cap: $7.09 billion Trading Volume (24h): $216.51 million Circulating Supply: 626.85 million LINK Total Supply: 1 billion LINK CoinMarketCap Ranking: #14 Chainlink is currently trading 10.62% below its highest price in the last 30 days and 3.48% below its 7-day high. However, it has gained 21.28% from its monthly low and 9.78% from its 7-day low, reflecting an overall positive trend. LINK/USD Market Analysis Key Levels Resistance: $12, $14, $16 Support: $10, $9, $8 LINKUSD – Daily Chart The LINK/USD chart shows the price...