Ah, the coin, that steadfast little hero, continues to defy the whims of the market, its multi-year ascending support structure standing tall like a medieval fortress against the storm of short-term pressure. 🧠💥
Volatility, that fickle mistress, now cowers in the corner, while structural resilience, the old warhorse, still stands firm. Patience, dear investors, for the true game begins when accumulation takes center stage. 🕵️♂️📈
The Long-Term Triangle: A Marvel of Resilience as Long-Term Buyers Wage War on the Abyss
The long-term triangle pattern, that enigmatic puzzle, has been etched into the chart since late 2020. LINK, that persistent maverick, has repeatedly tested the ascending trendline, and each retest has been met with a chorus of buying activity. The most recent encounter with this support zone resulted in price stabilization around the $14 region, as if the market itself were whispering, “Not today, Satan.” 🧩🌌

The descending upper boundary, that stubborn gatekeeper, has been holding back the bullish tide for years. Now, the price inches closer to the apex, where the fate of the coin is decided by the whims of the crowd. Current price action shows the coin pressing into mid-range levels between $14-$17, a dance of buyer interest that feels more like a masquerade ball than a financial maneuver. 🎭📉
Volume, that elusive specter, remains as quiet as a mouse in a library, but fear not-this silence is merely the calm before the storm of directional movement. As long as the coin holds above its macro support line, the structure favors long-term bullish continuation, or so the prophets of the crypto temple claim. 🧙♂️🔮
In a separate chart highlighting mid-term trends, the token has demonstrated repeated rebounds from the $14.0-$14.3 support band. Despite periodic pullbacks, the token continues forming higher lows, a feat akin to building a skyscraper on a sinking ship. With the multi-year trendline acting as a key defensive zone, long-term holders appear committed to maintaining structural integrity, or perhaps they’re just too stubborn to surrender. 🏗️🐢
LINK Down 3.50% but Market Cap Holds $9.94B With Strong Liquidity
BraveNewCoin lists the coin at $14.28, a price so modest it might as well be a relic from the Stone Age. Supported by a market capitalization of $9.94 billion and daily trading volume of $687.78 million, this deep liquidity ensures the token remains among the most heavily traded altcoins, providing reliable execution even during volatility. 🏦⚡
Short-term data shows intra-day lows around $14.03 and highs near $14.80, a narrow range that screams, “Bargain hunters, assemble!” The token remains significantly below its all-time high of $52.70, down 72.90%, but its supply of 696.85 million tokens continues circulating across major markets with steady participation. A true test of patience, or perhaps a masochist’s dream. 🧠🧪
Even with the recent price decline, the asset retains a stable base of long-term investors, making the coin one of the more structurally consistent assets among large-cap altcoins. Or, as one analyst put it, “It’s like a broken clock-still right twice a day, but only if you’re lucky.” ⏳🙃
Multi-Year Support Held “Looks Ready for ATH Heading Into 2026”
Crypto analyst @nicucrypto, that modern-day oracle, declares that the token has once again defied the odds, holding its multi-year rising support line like a knight in shining armor. According to his analysis, the coin’s ability to maintain this trendline despite market uncertainty suggests the asset may be preparing for a long-term bullish cycle. A prophecy, perhaps, or just another day in the wild west of crypto. 📜🐎

He notes that the compression between the macro support line and the descending multi-year resistance creates a technical environment where probability favors a breakout to the upside. This aligns with historical behavior in large symmetrical triangles, where long-term structural resilience often precedes expansion phases. A tale as old as time, or at least as old as the Bitcoin whitepaper. 📚🌀
If the asset breaks above the multi-year resistance-a zone currently sitting near $22-$26-analysts argue that the path toward new all-time highs becomes increasingly realistic heading into 2026. Or, as the skeptics say, “Hope is not a strategy, but it’s the only one we’ve got.” 🌌💸
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2025-12-05 22:43