Chainlink Technical Analysis: Oversold with Rebound Potential
This comprehensive technical analysis examines Chainlink's (LINK) market posture as of October 14, 2025. With the current price hovering around $19.50 and the Relative Strength Index (RSI) at 40.648, the asset is approaching oversold territory, suggesting a robust potential for a price reversal. A key support level is established at $17, while the next significant resistance lies at $22. Recent trading volume is approximately $500 million, indicating sufficient liquidity to support a potential upward move despite the recent dip. These technical conditions present an attractive opportunity for investors looking for entry points near established support levels.