Chainlink Eyes $13.75 If Clarity Vote Passes, Analysts Say
Chainlink's price continues to hold above $10.94 after breaking out of its multi-month range in early September, according to analysis. The cryptocurrency is trading around $11.42, down 0.8% today, with a resistance area near $12.50 to $13 containing a sharp rally from $8 to over $13.75 earlier this month.
The price remains above its 20-day EMA at $11.49 and well above its 50-day, 100-day, and 200-day EMAs, indicating an intact uptrend structure despite today's dip. The Parabolic SAR at $13.14 sits above current price, but the short-term trend hasn't flipped bullish by that specific reading.
Chainlink's shorter-term chart shows a narrowing triangle since its September 7 peak near $13.75, with lower highs and higher lows meeting near current levels. The RSI sits at 49.81, cooled off from two bearish divergences earlier in the move.