LINK/USDT – Strong re-accumulation and preparation for another big move?
Looking at the long-term chart of LINK/USDT, it is clear that the market, after an extreme bull run when LINK peaked around 53 USD, entered a long phase of consolidation. The current price is around 12.74 USD, and this level is becoming increasingly interesting for investors.
1️⃣ Market Technical Structure
LINK has gone through several years of a cycle that includes massive growth, a deep drop, and subsequent stabilization.
Price candles indicate a strong trading range where gradual re-accumulation is taking place.
Trading volumes are stabilizing, which is often a signal that the market is preparing for a larger price movement.
2️⃣ Indicators
RSI (14) is around the value of 38, indicating weaker momentum, but at the same time room for growth — we are not in the overbought zone.
MACD is currently negative, but the curves are converging, which may be the beginning of a future bullish cross.
History shows that similar states have marked the beginning of strong trends for LINK in the past.
3️⃣ What to watch for next?
Market reaction at the level of 12 USD – if we hold here, it could be a very strong support.
Increasing volumes during rises – confirmation of buyer strength.
Break above 15 USD – the first major signal of a continuing trend.
LINK is one of the projects that has maintained a strong position in the ecosystem over the long term, and larger investors are still accumulating it. If the cryptocurrency market enters another bull cycle, it could be among the most interesting players.
What do you think? Is LINK preparing for its next big move?
