Chainlink LINK Tests Key Support Level Amid Strong Institutional Demand

BTCC / BTCC Square / Global Cryptocurrency /

Author:

Release Time:

2025-09-17 14:59:12

Chainlink LINK News - Chainlink's LINK token declined 1.71% to $22.99, pulling back from last week's high of $25.51 despite increasing institutional interest. This retracement follows a 7% surge driven by Caliber's undisclosed accumulation and Grayscale's ETF filing, with technical indicators showing neutral momentum at RSI 47.99. Fundamental catalysts remain robust, highlighted by the recent U.S. Department of Commerce partnership announced on September 13. Current market activity reflects consolidation after the institutionally-fueled rally, with traders closely monitoring the $22.99 support level for potential continuation or reversal signals.

By:

Log in to Reply

Wormhole Unveils W Token 2.0 with Enhanced Tokenomics

Articles on this site are sourced from public networks or curated by AI for informational purposes only and do not represent BTCC’s views. Original rights belong to the respective authors. For copyright concerns, please contact [email protected]. BTCC assumes no liability for the accuracy, timeliness, or completeness of this information, and disclaims all liability arising from reliance on such content. This content is for reference only and should not be taken as investment, legal, or commercial advice.