LINK Rebounds 3.59% to $12.55 Below Five Moving Averages

Chainlink’s LINK token rose 3.59% to $12.55 in Binance spot trading at 4:25 a.m. ET (8:25 UTC) Oct. 16, while five tracked moving averages remained above the price. A later Binance snapshot at 7:37 a.m. ET (11:37 UTC) showed LINK at $12.72, up 5.35% over 24 hours, with a rolling range of $11.86 to $12.73. The earlier snapshot listed a session low of $11.82 and a high of $12.61; the readings cover different times and ranges. At $12.55, the 50-day simple moving average (SMA) was $12.64, and the seven-day SMA was $12.76. The 12-period exponential moving average (EMA) stood at $12.95, the 26-period EMA at $13.01 and the 20-day SMA at $13.55. Those levels were 9 cents, 21 cents, 40 cents, 46 cents and $1 above the snapshot price, respectively.

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