Uniswap

Chainlink

Strong

<p style="text-align: justify"><a href="https://en.coin-turk.com/binance-sets-new-record-with-surge-in-open-positions/" rel="noopener noreferrer nofollow">Binance Coin</a> recorded a strong breakout, reaching the $725–$730 zone before pulling back and currently trades near $713. This move has marked one of its most robust upward trends in months, as BNB now holds firmly above all major moving averages.</p><h2 id="bnb-holds-above-key-moving-averages">BNB holds above key moving averages</h2><p style="text-align: justify">The main long-term moving averages remain clustered between $623 and $651, while the 20-day exponential moving average (EMA) has moved up to $668. A key development is BNB’s reclaiming of the 200-day EMA at $651, which now acts as the base of a new support range at $650–$670.</p><p style="text-align: justify">Despite this positive momentum, buying pressure has pushed the relative strength index (RSI) to 73, putting the market into overbought territory. The recent rejection at $730 signifies stubborn resistance for bulls. A daily close above $730 may allow BNB to target the $750–$760 range, where it traded before a major correction in June. In contrast, a drop below $690 increases the likelihood of a retracement to the 20-day EMA at $668.</p><blockquote><p>Maintaining the $650–$670 support band is vital for keeping BNB’s bullish outlook intact, even if a short-term dip occurs.</p></blockquote><p style="text-align: justify;background: linear-gradient(135deg,#ffffff 0%,#fffdf9 100%);border:1px solid #f1e4d8;border-left:4px solid #F69434;padding:14px 16px;border-radius:12px;color:#1e293b;font-size:15px;line-height:1.7">Mini dictionary: EMA (Exponential Moving Average), a metric that gives greater importance to recent price data to measure momentum and identify support or resistance levels in financial charts.</p><table style="border:1px solid #f1e4d8;padding:8px"><thead><tr><th>Asset</th><th>Current Price</th><th>20-day EMA</th><th>200-day EMA</th><th>RSI (Daily)</th><th>Main Resistance</th><th>Main Support</th></tr></thead><tbody><tr><td>BNB</td><td>$713</td><td>$668</td><td>$651</td><td>73</td><td>$730</td><td>$650–$670</td></tr><tr><td>UNI</td><td>$6.25</td><td>$4.70</td><td>N/A</td><td>80</td><td>$6.50</td><td>$4.70–$5.20</td></tr><tr><td>GRAM</td><td>$1.36</td><td>$1.39</td><td>$1.60</td><td>47</td><td>$1.40, $1.49–$1.50</td><td>$1.25–$1.30</td></tr><tr><td>LINK</td><td>$11.58</td><td>$10.69</td><td>$9.83</td><td>63</td><td>$12.00–$12.20</td><td>$10.00–$11.00</td></tr></tbody></table><h2 id="uniswap-enters-aggressive-rally-phase">Uniswap enters aggressive rally phase</h2><p style="text-align: justify"><a href="https://en.coin-turk.com/uniswap-sets-record-with-134000-uni-tokens-burned-in-a-day-what-does-this-signal-for-ethereum-and-defi-investors/" rel="noopener noreferrer nofollow">Uniswap</a>, a leading decentralized exchange protocol, has doubled in price since mid-August, rising from $3.20 to $6.25 in less than three weeks. This surge enabled UNI to soar above all key daily moving averages, with a notable breakout past the $4.00–$4.20 resistance cluster.</p><p style="text-align: justify">Strong buying activity pushed UNI beyond $4.70, $5.20, and $5.80 with limited pullbacks. The 20-day EMA advanced to $4.70, well above other major averages. However, the gap between current levels and the 20-day EMA presents a short-term risk. The daily RSI has reached 80, and UNI stands roughly 33% above the 20-day EMA, highlighting substantial overbought conditions. Price stability is showing between $6.25 and $6.50, with some hesitation in further advances.</p><blockquote><p>A clear move above $6.50 would likely open the door toward price discovery at $6.80 and potentially $7.00, but failure could send UNI back toward $5.80 or deeper supports at $5.20–$4.70.</p></blockquote><h2 id="gram-fails-to-sustain-recovery">GRAM fails to sustain recovery</h2><p style="text-align: justify">Gram, a cryptocurrency project aiming for extensive blockchain adoption, remains under selling pressure. Despite several attempts to create a base between $1.30 and $1.35, GRAM trades around $1.36, below all major daily moving averages.</p><p style="text-align: justify">The 20-day EMA at $1.39 and the next major average at $1.40 pose immediate resistance. In late August, GRAM briefly rebounded toward $1.50 but quickly lost ground, falling back to familiar support. This rally appears to have been a temporary relief, rather than a sign of sustainable change. The RSI at 47 indicates a neutral to bearish trend, with volume diminishing since the asset’s May surge. To confirm a positive reversal, GRAM would need to clear $1.40, then break through $1.49–$1.50, which would set the 200-day EMA at $1.60 as the next target. A drop below $1.30 could test $1.25 or lower local lows.</p><p style="text-align: justify;background: linear-gradient(135deg,#ffffff 0%,#fffdf9 100%);border:1px solid #f1e4d8;border-left:4px solid #F69434;padding:14px 16px;border-radius:12px;color:#1e293b;font-size:15px;line-height:1.7">Mini dictionary: Gram, a digital asset launched as part of messaging app Telegram’s attempt to build an open blockchain platform, which has evolved into an independent community-driven project after regulatory setbacks.</p><h2 id="chainlink-maintains-post-breakout-structure">Chainlink maintains post-breakout structure</h2><p style="text-align: justify"><a href="https://en.coin-turk.com/new-study-unveils-asian-industrys-profound-impact-on-global-market/" rel="noopener noreferrer nofollow">Chainlink</a>’s technical setup remains robust following a strong rally in August. The LINK token recently climbed from $8.20 to above $12 in two weeks and now trades around $11.58. This rally drove LINK through all major averages, including the 200-day EMA at $9.83.</p><p style="text-align: justify">LINK consolidated in the $11.00–$12.00 band, which signals positive strength after rapid growth. The price is still safely above the 20-day EMA at $10.69, and the daily RSI has tapered to 63. A key test is the resistance range at $12.00–$12.20, where LINK has previously met significant selling interest, marked by upper wicks reaching $12.60.</p><p style="text-align: justify">A confirmed close above $12.20 may lead to another advance toward $12.60 and $13.00. If LINK falls below $11.00, it would likely move closer to the 20-day EMA, with the $9.80–$10.00 range serving as critical structural support. The breakout from August remains valid as long as LINK holds this zone.</p><p>The post <a href="https://en.coin-turk.com/bnb-uniswap-gram-and-chainlink-show-divergent-technical-setups-link-steadies-near-12/" rel="noopener noreferrer nofollow">BNB, Uniswap, Gram and Chainlink show divergent technical setups, LINK steadies near $12</a> appeared first on <a href="https://en.coin-turk.com" rel="noopener noreferrer nofollow">COINTURK NEWS</a>.</p>

BNB, Uniswap, Gram and Chainlink show divergent technical setups, LINK steadies near $12

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