Filecoin Shows Rebound Potential While Chainlink Eyes Critical Resistance

Altcoins

Filecoin Shows Rebound Potential While Chainlink Eyes Critical Resistance

In recent technical analyses shared by crypto analyst Ali (@ali_charts), two major altcoins—Filecoin (FIL) and Chainlink (LINK)—are showing distinct yet pivotal signs that could shape their short-term price trajectories.

Filecoin is currently testing the lower boundary of its trading channel, trading around $2.64 at the time of analysis. According to Ali, the TD Sequential—a widely used momentum-based indicator—has just flashed a buy signal. This technical cue often precedes short-term reversals, suggesting that FIL may be poised for a rebound after recent downward pressure.

The chart shared by Ali highlights a series of nine consecutive bearish candles, culminating in the buy signal on the TD Sequential. Historically, such patterns have preceded brief recoveries or a stabilization phase, making this a critical moment for traders watching FIL’s next move.

Chainlink ($LINK) Faces Major Resistance at $15

On the other hand, Chainlink is approaching a decisive resistance level at $15. As Ali points out, this price zone is not only psychologically significant but also represents a concentration of “out of the money” holders—investors who bought above current prices and may look to exit at breakeven.

The accompanying data visualization shows a cluster of red bubbles around the $14.78–$15.22 range, representing high-volume addresses likely to sell at resistance. If LINK can break through this level with convincing volume, it may open the path toward higher highs and renewed bullish momentum.

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Author

Kosta Gushterov

Reporter at Coindoo

Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.

Source: https://coindoo.com/filecoin-shows-rebound-potential-while-chainlink-eyes-critical-resistance/