- Chainlink (LINK) at $12.30: Bulls eye $13 breakout; failure below $11.80 risks $10.60 retest. Short-term RSI hints upward shift.
- Hedera (HBAR) consolidates at $0.1568: $0.15 support critical. Break above $0.165 may spark rally toward $0.174.
- Ondo (ONDO) tests $0.8289: Resistance at $0.90. Stability near $0.80 key for $0.915 target in 4 days.
Chainlink (LINK) trades at $12.30, up 0.52% in the past day. The token has declined 38.38% since January and 7.93% over the last month, though a 12.78% weekly gain hints at possible upward momentum.
LINK remains far below its peak of $52.99 but is stabilizing near the $11.50–$12.00 range. ETHNews technical analysis shows the token retesting support levels while confined within a downward-sloping price channel.
Resistance sits at $13.00 and $14.45. A sustained move above $13.00 could signal a reversal, while a drop below $11.80 might push it toward $10.60, a level last tested in late 2023. Short-term indicators like the RSI and MACD suggest tentative bullish momentum.
Chainlink’s underlying technology, used widely in decentralized finance and enterprise systems, continues to see adoption despite market pressures. Analysts note that a clear break above $13.00 could propel LINK to $14.10 within five days.
Hedera (HBAR) holds at $0.1568, down 0.11% today
While HBAR has surged 207.38% over six months and 97.36% annually, it remains 41.54% lower this year and 15.09% weaker over the past month. The token is testing the $0.15 support level, which could stabilize prices if maintained.
Technical charts reveal a descending channel, with resistance near $0.165–$0.17. Breaking this range might lift HBAR toward $0.185.
A failure to hold $0.15 risks a slide to $0.13. Hedera’s network growth, including recent participation in industry events and new technical upgrades, provides a backdrop for potential recovery.
Traders observers speculate that regulatory developments, such as ETF approvals, could influence its trajectory. If buying activity strengthens, HBAR may reach $0.174 in the next week.
Ondo Finance (ONDO) stands at $0.8289, up 0.20% today
The RWA token has risen 17.5% this week but remains 3.71% below its 2023 price. ONDO has rebounded from a low of $0.196 in February but stays under its peak of $2.14. Current technical models suggest caution, with daily and weekly indicators leaning bearish.
Resistance near $0.87–$0.90 poses a hurdle; surpassing this zone could test $1.00. Support around $0.78–$0.80 must hold to avoid a retreat to $0.72. Ondo’s role in tokenizing real-world assets keeps it relevant in decentralized finance discussions.
Traders monitoring its low volatility (1.91%) see potential short-term opportunities if prices breach resistance. A sustained move above $0.80 might drive ONDO to $0.915 within four days.
