October 16, 2026Josh
we now have a new level of liquidity building just above the price of Bitcoin at pretty much exactly 84.5,000
expect the price of Bitcoin to remain in this range here in between the lower 80k area. So 81 to 82,000 give or take as support and of course this resistance at 86 to 88,000
if Bitcoin, Ethereum, etc. see a potential breakout attempt in the coming one or two weeks, then of course that could also help chain link
larger bearish divergence forming either on the daily time frame or even on the 3-day Bitcoin price chart if we push a little higher
we've been playing out this larger bullish divergence for the first time on the weekly Bitcoin price chart since the end of the 2022 bare market before a multi-year bull market
if we're talking about say the coming weeks or one or two months...Overall, we're looking pretty decent here for the price of chain link. And the next significant resistance is in between around $950
Expect some struggle for XRP...XRP, at least for now, is underperforming. So, expect something a little worse for XRP compared to basically whatever Bitcoin is doing
we still have this massive bullish divergence, which for now is still active. It is still in play on the 3-day Chainlink price chart
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This score is calculated from 161 data points across 100+ factors in 6 pillars. Scores update as new evidence is collected. Full methodology at athenaindex.com/methodology.
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