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Chainlink (LINK) Price Prediction for August 19

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Chainlilnk-(LINK)-Price-Prediction-Analysis-This-Month

The Chainlink price today is consolidating around $24.5, down 4.2% from its recent peak at $26.2. The rejection from the $26–$27 resistance zone has introduced short-term selling pressure, though LINK continues to trade above key dynamic support levels. With both momentum indicators and liquidity signals showing mixed cues, traders are now watching to see whether LINK can defend its recent gains or slip into deeper retracement.

Indicator/ZoneLevel / Signal
Chainlink price today$24.5
Resistance 1$25.1
Resistance 2$26.5–$28.0
Support 1$23.9 (EMA20)
Support 2$22.9 (Fib 0.618)
Support 3$21.5 (Liquidity base)
RSI (1H)46.8 (Neutral)
VWAP (Session)$25.1 (Overhead resistance)
Bollinger Bands (4H)Midline at $23.3, upper at $26.4
DMI (14)ADX 30.2, trend cooling
Supertrend (4H)Bullish above $23.0
Spot Netflow (Aug 18)-$8.9M (Distribution pressure)
Fibonacci Levels (Weekly)0.618 = $22.9 / 0.786 = $26.4
LINK price dynamics (Source: TradingView)

On the 4-hour chart, LINK remains above its EMA20 at $23.9 and EMA50 at $22.7, showing that buyers still maintain structural control despite the c…

The post Chainlink (LINK) Price Prediction for August 19 appeared first on Coin Edition.

3h ago
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