2026-01-02 14:30:37

After weeks of relentless selling pressure, altcoins are finally finding their footing around the October 10th support level. The bounce is starting to take shape.

Take LINK as a prime example. It just cracked above its 21-day moving average—the first time since summer. That's not trivial. When a coin breaks through that kind of resistance after months of underperformance, you typically see renewed interest flooding back in.

The technicals suggest the worst might be behind us. Whether this holds or we get another flush remains to be seen, but the structure is shifting.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

8 Likes

Reward
8
5
Repost
Share

Comment

0/400

LiquidityWitch

· 5h ago

Link has finally turned the tide, breaking below for the first time since summer. Is this rebound serious...

View OriginalReply0

GasWaster

· 5h ago

ngl if link finally breaks 21ma and actually *holds* it this time, maybe my failed txs from july weren't completely wasted... key word being *maybe* tho lol

Reply0

NestedFox