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With the current technical conditions, Chainlink has the potential to weaken down to its nearest support level today

With the current technical conditions, Chainlink has the potential to weaken down to its nearest support level today

Crypto-currencies

2025-12-19 05:17:11

btc_content4_4 Arief Makmur

#For beginners #Chainlink #LNKUSD #TechnicalAnalysis #Crypto

[Chainlink]

With the EMA position forming a Death Cross on the 30-minute chart, it indicates that sellers are still dominating, suggesting that Chainlink will continue its decline toward the nearest support level in the near term.

Key Levels

1. Resistance. 2 : 13.32951

2. Resistance. 1 : 12.67507

3. Pivot : 12.20532

4. Support. 1 : 11.55088

5. Support. 2 : 11.08113

Tactical Scenario:

Pressure Zone: If the price of Chainlink breaks down below 11.55088, it has the potential to continue its decline to 11.08113.

Momentum Extension Bias: If 11.08113 is broken, Chainlink may continue its decline down to 10.42669.

Invalidation Level / Bias Revision:

The downside bias is restrained if the price of Chainlink strengthens and breaks above 13.32951.

Technical Summary:

EMA(50) : 12.15794

EMA(200): 12.63296

RSI(14) : 59.08

Economic News Release Agenda:

Tonight from the United States, several economic data releases will be as follows:

US - Existing Home Sales - 22:00 WIB

US - Revised UoM Consumer Sentiment - 22:00 WIB

US - Revised UoM Inflation Expectations - 22:00 WIB

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