LINK firmly holds support and consolidates for an upward move, HYPE faces a critical test

ForkMonger · 2026-01-02T10:40:10+00:00

Recent market data shows that Chainlink is performing steadily, holding the $10 support level and staying above the 200-day moving average, with a positive outlook. In comparison, Hyperliquid faces resistance and needs to break through to regain upward momentum. Key levels determine each of their opportunities.

ForkMonger

2026-01-02 10:40:10

Abstract generation in progress

【Crypto World】In recent market charts, both on-chain data and technical analysis are telling a story.

Chainlink has been performing quite steadily. It has held the support line near $10 for years, and during market downturns, it has shown strong defense. After rebounding from the $10 zone, LINK successfully stabilized above the 200-day moving average, which is no small feat—indicating that the trend is still intact. At this pace, the $20 target is not just wishful thinking.

Hyperliquid’s situation is different. It did experience a vigorous rally in early 2025, but now it is stuck at a key resistance level, showing some short-term weakness. This level is critical; support is around $20, and if it breaks below, it may test this support to stabilize.

From the charts, LINK currently shows a steady upward trend, with solid technical support; while HYPE needs a volume breakout above resistance to tell a new story. Who can seize the next opportunity will depend on who can break through these key levels.

HYPE1,01%

LINK6,17%

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PumpAnalyst

· 9h ago

LINK this move is indeed interesting. holding above 10 indicates a very stable bottom, but claiming $20 is a bit too optimistic... don't even think about the hype there, a break is a break, if $20 can't hold, no one can save it.

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WalletsWatcher

· 9h ago

LINK is holding steady, staying above the $10 level is really impressive, now it's just a matter of whether 20 can be reached. If HYPE breaks down, it will need to find support, which is a bit uncertain. The 200-day moving average for LINK is critical, it feels like the main players are brewing something. HYPE not moving up is even more awkward, resistance levels are really annoying. So is this a showdown between the conservative LINK and the gambling HYPE? LINK boils down to two words: stability. HYPE boils down to two words: wait. This round, I feel that LINK has a better chance.

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YieldWhisperer

· 9h ago

LINK's current stability is somewhat outrageous; holding the $10 support level is like telling the bears no. Staying above the 200-day moving average is the way to go. $20 is really not far away, right?

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APY追逐者

· 9h ago

This move with LINK is indeed solid; the $10 support is so strong, and once the 200-day moving average stabilizes, it feels like we could see $20. Hype is currently stuck tightly; it needs to increase volume, or else this position will just be a trap.

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