CONNECT WITH US
Web3 & Blockchain

Web3 & Blockchain

LINK Price Prediction: Intraday Low Broke Through the Lower Bollinger Band as Futures Open Interest Climbs 5%

Blockchain.News logo

Published on

Add as a preferred source on Google
LINK Price Prediction: Intraday Low Broke Through the Lower Bollinger Band as Futures Open Interest Climbs 5%

Chainlink (LINK) traded at $11.08 on Binance spot as of October 30, 2026, down 2.64% over 24 hours, after a session low of $10.27 pierced the lower Bollinger Band ($10.78) by $0.51 before price rec...

Market analysis includes conditional scenarios, not assured price outcomes or investment advice. Check the data, assumptions and dates cited.

Binance spot data observed on October 30, 2026, shows LINK at $11.08 after a session that ranged from a high of $12.02 to a low of $10.27. The current price sits beneath the SMA 7 ($11.37), SMA 20 ($12.02), SMA 50 ($12.62), EMA 12 ($11.62), and EMA 26 ($12.09) — an alignment where every short-term and medium-term average is overhead, presenting successive layers of potential supply before any meaningful recovery level is reached.

The one structural counterweight is the SMA 200 at $10.01. At $11.08, LINK trades approximately 10.7% above its 200-day average, meaning the current compression is a pullback within a longer-term baseline rather than a break through it — though $10.01 would need to hold for that reading to remain intact.

08. That is a breach of the band, not a test of it. 1186, sourced from Binance spot data, confirms where the current price sits: approximately 12% of the total band width above the lower band, not flush against it.



Source link
Related Topics:Web3 & Blockchain

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We TheMorningPulse.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It's possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.