Chainlink (LINK) Holds Key Support at $15.92 Amid Neutral Market Momentum
Chainlink's LINK token is currently trading at $15.92, showing neutral momentum with a slight 0.06% gain over the past 24 hours. The Relative Strength Index (RSI) stands at 43.52, indicating neither overbought nor oversold conditions, which leaves room for potential breakout or breakdown from the current consolidation phase.
Market participants remain cautious as LINK fluctuates within a tight range between $15.43 and $16.18. With no fresh catalysts in play, traders are closely monitoring technical levels and broader crypto market sentiment, as this consolidation period often precedes more decisive price action.