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Altcoins & DeFi

Chainlink’s $11.88 trigger remains unmet as daily bias stays neutral

Image: The Cryptonomist

As of October 29, 2026, the Chainlink price trades at $11.85 on Binance , with short-term momentum improving but the daily structure still neutral. The dominant force is a recovery within an unresolved daily trend—not yet a confirmed bullish reversal. Price remains below its daily 20- and 50-period EMAs. Key takeaways LINK trades at $11.85 on Binance, below the daily EMA20 and EMA50 but above the daily EMA200 at $10.85. Daily RSI stands at 42.9 and is rising; hourly RSI is firmer at 61.8 , with neither reading overbought. Bullish trigger: an hourly close above $11.88 ; bearish trigger: an hourly close below $11.75 . Total crypto market cap at $2.74 trillion , down 1.89%; Bitcoin dominance at 59.55% ; Fear & Greed Index at 51 (neutral).

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