{"id":678722,"date":"2026-10-31T08:27:48","date_gmt":"2026-10-31T08:27:48","guid":{"rendered":"https:\/\/Blockchain.News\/news\/20261031-price-prediction-link-bounce-stalls-below-key-moving-averages"},"modified":"2026-10-31T08:27:48","modified_gmt":"2026-10-31T08:27:48","slug":"link-price-prediction-bounce-stalls-below-key-moving-averages-as-11-375-becomes-the-defining-level","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/10\/31\/link-price-prediction-bounce-stalls-below-key-moving-averages-as-11-375-becomes-the-defining-level\/","title":{"rendered":"LINK Price Prediction: Bounce Stalls Below Key Moving Averages as $11.375 Becomes the Defining Level"},"content":{"rendered":"<div id>\n<nav class=\"bn-article-breadcrumb\" aria-label=\"Breadcrumb\"> <a href=\"https:\/\/blockchain.news\/\">Home<\/a> <span aria-hidden=\"true\">\/<\/span> <a href=\"https:\/\/blockchain.news\/#home-latest-heading\">Latest reporting<\/a> <\/nav>\n<p class=\"bn-article-type\">Price forecast<\/p>\n<p class=\"lead\">Chainlink gained 2.92% in the 24 hours to October 31, lifting LINK to $11.39 on Binance spot, yet every short- and medium-term moving average sits overhead, keeping recovery prospects conditional o&#8230;<\/p>\n<div class=\"bn-article-byline\"> <a href=\"https:\/\/blockchain.news\/Profile\/Peter-Zhang\" rel=\"author\">Peter Zhang<\/a> Oct 31, 2026 08:27 UTC <\/div>\n<p class=\"bn-article-notice\">Market analysis includes conditional scenarios, not assured price outcomes or investment advice. Check the data, assumptions and dates cited.<\/p>\n<figure class=\"bn-article-hero\"> <a href=\"https:\/\/image.blockchain.news:443\/features\/1CBEAA09AF51CB88E247BF69FE7CE1F39B0EB850B48EEDE714B11F890D2F0FE0.jpg\" class=\"hero-image-link\"> <img fetchpriority=\"high\" decoding=\"async\" class=\"hero-image\" src=\"https:\/\/image.blockchain.news:443\/features\/1CBEAA09AF51CB88E247BF69FE7CE1F39B0EB850B48EEDE714B11F890D2F0FE0.jpg\" alt=\"LINK Price Prediction: Bounce Stalls Below Key Moving Averages as $11.375 Becomes the Defining Level\" loading=\"eager\" width=\"1200\" height=\"675\"> <\/a> <\/figure>\n<\/div>\n<div data-article-body>\n<h2>A 2.92% Gain That Hasn&#8217;t Cleared the Averages<\/h2>\n<p>Chainlink printed a 24-hour range of $10.91 to $11.75 on Binance spot, settling around $11.39 at the time of this analysis \u2014 a 2.92% gain that, on the surface, looks constructive. The structural problem is the moving average stack. The SMA 7 has compressed to $11.39, matching spot almost exactly, while the SMA 20 ($11.94), SMA 50 ($12.63), EMA 12 ($11.64), and EMA 26 ($12.06) all sit above price and represent overhead supply at descending intervals. The lone constructive read in the averages is the SMA 200 at $10.02: LINK is trading roughly $1.37 above it, confirming the longer-term trend structure has not broken down. That positive, however, does not offset the bear-aligned shorter-duration averages.<\/p>\n<h2>Momentum: Impulse Exhaustion, Not a Confirmed Turn<\/h2>\n<p>The 14-period daily RSI at 42.32 places LINK squarely in neutral territory \u2014 far enough from oversold to dampen mechanical mean-reversion demand, yet not exhibiting the kind of expanding momentum that characterises trending recoveries. The MACD reading is more instructive: both the MACD line and signal line are pinned at -0.4243, producing a histogram value of precisely 0.0000. That convergence signals the prior bearish impulse has lost velocity, but convergence alone is not a buy signal. It marks a pause, and the next directional leg depends on which side resolves the stalemate first.<\/p>\n<p>The Stochastic oscillator adds a secondary observation worth monitoring: %K at 43.89 sits above %D at 35.11. When that configuration is sustained and confirmed by price, it can precede upside follow-through \u2014 but it is not reliable in isolation under a bearish moving average structure.<\/p>\n<p>Bollinger Band positioning reinforces the cautious read. At a %B of 0.2374 \u2014 derived as (price \u2212 lower band) \u00f7 (upper \u2212 lower), or ($11.39 \u2212 $10.88) \u00f7 ($13.00 \u2212 $10.88) \u2014 LINK occupies the lower quartile of its current band range. The middle band at $11.94 aligns closely with the SMA 20, making that level a double layer of resistance before anything more constructive can develop. The ATR(14) of $0.65 sets the working expectation for daily price movement.<\/p>\n<h2>CoinGabbar&#8217;s Conditional Targets<\/h2>\n<p>The only verifiably dated analyst call available for this period is from Aashish Vishwakarma of CoinGabbar, published October 31, 2026. Vishwakarma places a first price target at $11.566 and a secondary target of $11.893, with the latter conditional on buyers holding $11.375. At the time of observation, LINK at $11.39 sits marginally above that $11.375 condition \u2014 a thin margin that keeps the thesis active but fragile.<\/p>\n<aside class=\"card border-0 rounded-4 shadow-sm my-4 bg-body-tertiary news-inline-price-chart\" data-news-inline-chart=\"1\" data-binance-symbol=\"LINKUSDT\" aria-labelledby=\"news-inline-pc-h-2243e4d8\">\n<div class=\"card-body\">\n<p class=\"small text-secondary mb-2\">Hourly candlesticks (about 96 bars), same endpoint as our cryptocurrency price pages. Numbers below refresh from 1-minute klines.<\/p>\n<p class=\"small mb-0 mt-2\"><a href=\"https:\/\/blockchain.news\/price\/LINK\/USD\">More LINK news, LINK price prediction and analysis<\/a><\/p>\n<\/p><\/div>\n<\/aside>\n<p>Supplied key levels give structural context around both targets: immediate resistance is at $11.79 and strong resistance at $12.18. The $11.893 secondary target therefore sits between those two layers, meaning a full move to that level would require clearing $11.79 \u2014 a meaningful hurdle given the bearish alignment of the shorter EMAs. The $11.79 immediate resistance level also sits above the intraday high recorded in the observed 24-hour window ($11.75), underlining that price has not yet tested it.<\/p>\n<p>Conditional setups derived from the CoinGabbar view and the supplied support levels:<\/p>\n<p>Scenario (CoinGabbar first target, $11.375 floor holds); Direction: long; Entry: $11.39; Stop: $10.95; Target: $11.566; Reward\/risk: 0.40:1 (before fees, slippage and gaps).<\/p>\n<p>Scenario (CoinGabbar second target, conditional on sustained hold above $11.375 and break of $11.79 resistance); Direction: long; Entry: $11.39; Stop: $10.95; Target: $11.893; Reward\/risk: 1.14:1 (before fees, slippage and gaps).<\/p>\n<p>Both setups reference the immediate support level from the supplied data at $10.95 as the stop reference. Stops do not guarantee execution prices.<\/p>\n<h2>Derivatives: OI Edges Lower, Binance Accounts Skew Long<\/h2>\n<p>On Binance Futures, open interest stood at approximately $90.6 million (7,923,786 contracts) at the time of observation, down 1.28% over 24 hours. A modest OI decline occurring alongside a spot price gain is consistent with short-side deleveraging rather than fresh aggressive long entry \u2014 though this is a directional inference from the relationship between the two metrics, not a reported conclusion from any supplied source.<\/p>\n<p>The 8-hour funding rate at 0.0025% is neutral, indicating no significant premium on either side of the Binance perpetual market at that snapshot.<\/p>\n<p>Binance global-account long\/short data recorded at 07:00 UTC on October 31, 2026 shows 63.7% of accounts net long versus 36.3% short (ratio 1.7541). The top-trader cohort on Binance skews further in that direction: 69.0% long versus 31.0% short (ratio 2.2268). These figures describe the positioning distribution within specific Binance account cohorts at a single point in time and should not be read as reflecting the broader market, institutional consensus, or underlying ownership positioning. The taker buy\/sell ratio of 1.0985 \u2014 buy volume of 164,323 against sell volume of 149,594 over the observed 1-hour window \u2014 points to near-balanced order flow, consistent with consolidation rather than directional conviction.<\/p>\n<h2>Where the Thesis Breaks<\/h2>\n<p>A close below $11.375 immediately voids the CoinGabbar conditional outlook. Sustained trade below the pivot at $11.35, and then the immediate support at $10.95, would expose the strong support level at $10.51. On the upside, any recovery that cannot close above the SMA 20 at $11.94 \u2014 which coincides with the Bollinger midline \u2014 leaves LINK in a technically ambiguous state. Strong resistance at $12.18 and the SMA 50 at $12.63 represent meaningful ceilings further out. Until the closing price reclaims $11.94, the moving average configuration keeps recovery firmly in the conditional rather than confirmed column.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/blockchain.news\/\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Home \/ Latest reporting Price forecast Chainlink gained 2.92% in the 24 hours to October 31, lifting LINK to $11.39 on Binance spot, yet every short- and medium-term moving average sits overhead, keeping recovery prospects conditional o&#8230; Peter Zhang Oct 31, 2026 08:27 UTC Market analysis includes conditional scenarios, not assured price outcomes or investment [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":678723,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[15718,14339,25],"class_list":{"0":"post-678722","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain","8":"tag-link-price-analysis","9":"tag-link-price-prediction","10":"tag-news"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/678722","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=678722"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/678722\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/678723"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=678722"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=678722"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=678722"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}