But let’s find out what the charts say!
TLDR
- Chainlink (LINK) has experienced a rapid 60% surge in six days, signalling potential overbought conditions.
- Technical analysis suggests caution, with $9.67 as a short-term correction level and mid $8's for a longer-term correction.
- The RSI indicator indicates overbought territory and a bearish divergence on the 12-hour chart, suggesting a possible short-term decline.
- Funding rates are at a four-month high, indicating a crowded Long trade, prompting a cautious approach to further Long positions.
Disclaimer: Not financial or investment advice. You are responsible for any capital-related decisions you make, and only you are accountable for the results. “One Glance” by Cryptonary sometimes uses the RR trading tool to help you quickly understand our analysis. They are not signals, and they are not financial advice.
Technical analysis
LINK, like SOL, has been able to hold up at higher levels, previously using the horizontal line of $9.67 as new support that helped price move into the $10s. We now have a higher high, but with sellers turning up in the $11 area. Price-action-wise, we would be cautious here; LINK looks somewhat exhausted to the upside.RSI and funding rates
The RSI and the fact that LINK has moved up 62% in 6 days is why we remain cautious here. Just that sentence should provide some perspective here.But, when looking at the RSI, we’re well into overbought territory and have created a bearish divergence on the 12-hour timeframe. We feel this should help LINK move lower in the short term.
Funding is still very positive and at a 4-month high. This suggests the crowded trade is to be long. And therefore, we should be cautious about longing this.
Cryptonary’s take
We would exercise caution here on LINK. The market, in general, is overheated. And with LINK being up 60% in 6 days and its technical indicators at overbought levels, you should be cautious here and, at the very least, not add fresh longs into this.Action
- LINK is up 60% in less than a week. Moves that go straight up aren’t usually sustainable.
- We expect a pullback in the near term or even a greater correction in the medium term.
- We eye the $9.67 level as a short-term correction and the mid $8’s for a longer-term correction.
100% Success Money Back Guarantee
If our approach doesn’t outperform the overall crypto market during your subscription, we’ll give you a full refund of your membership. No questions asked. For quarterly and monthly subscribers this is applicable once your subscription runs for 6 consecutive months.
Take your next step towards crypto success
$799/year
Get everything you need to actively manage your portfolio and stay ahead. Ideal for investors seeking regular guidance and access to tools that help make informed decisions.
For your security, all orders are processed on a secured server.
What’s included in Pro:
Success Guarantee, if we don’t outperform the market, you get 100% back, no questions asked
24/7 access to experts with 50+ years’ experience
All of our top token picks for 2025
Our latest memecoins pick with 50X potential
On hand technical analysis on any token of your choice
Weekly livestreams & ask us anything with the team
Daily insights on Macro, Mechanics, and On-chain
Curated list of top upcoming airdrops (free money)
Our track record speaks for itself
With over 2.4M tokens and widespread misinformation in crypto, we cut
through the noise and consistently find winning assets.
Frequently Asked Questions
Can I trust Cryptonary's calls?
Yes. We've consistently identified winners across multiple cycles. Bitcoin under $1,000, Ethereum under $70, Solana under $10, WIF from $0.003 to $5, PopCat from $0.004 to $2, SPX blasting past $1.70, and our latest pick has already 200X'd since June 2025. Everything is timestamped and public record.
Do I need to be an experienced trader or investor to benefit?
No. When we founded Cryptonary in 2017 the market was new to everyone. We intentionally created content that was easy to understand and actionable. That foundational principle is the crux of Cryptonary. Taking complex ideas and opportunities and presenting them in a way a 10 year old could understand.
What makes Cryptonary different from free crypto content on YouTube or Twitter?
Signal vs noise. We filter out 99.9% of garbage projects, provide data backed analysis, and have a proven track record of finding winners. Not to mention since Cryptonary's inception in 2017 we have never taken investment, sponsorship or partnership. Compare this to pretty much everyone else, no track record, and a long list of partnerships that cloud judgements.
Why is there no trial or refund policy?
We share highly sensitive, time-critical research. Once it's out, it can't be "returned." That's why membership is annual only. Crypto success takes time and commitment. If someone is not willing to invest 12 months into their future, there is no place for them at Cryptonary.
Do I get direct access to the Cryptonary team?
Yes. You will have 24/7 to the team that bought you BTC at $1,000, ETH at $70, and SOL at $10. Through our community chats, live Q&As, and member only channels, you can ask questions and interact directly with the team. Our team has over 50 years of combined experience which you can tap into every single day.
How often is content updated?
Daily. We provide real-time updates, weekly reports, emergency alerts, and live Q&As when the markets move fast. In crypto, the market moves fast, in Cryptonary, we move faster.
How does the success guarantee work?
If our approach to the market doesn’t beat the overall crypto market during your subscription, we’ll give you a full refund of your membership fee. No questions asked. For quarterly and monthly subscribers this is applicable once your subscription runs for 6 consecutive months.
Recommended from Cryptonary
