EN ▼
Favorites
My Favorites
View All
Market Cap Price 24h%

Disclaimer: Content does not constitute investment advice. Trading involves risks—please invest with caution!

BNB, Uniswap, Gram and Chainlink present different technical forms, and LINK stabilizes around $12

2026-09-05 15:32:42
Bookmark

Binance Coin (BNB): Strong breakthrough, gaining momentum above the moving average

Binance Coin (BNB) previously recorded a strong breakthrough and experienced a correction after hitting the range of $725-$730. The current trading price is around $713. This trend marks one of its strongest uptrends in months, and BNB is now firmly above all major moving averages.


Key moving average support is clear

Long-term major moving averages are still clustered between $623 and $651, while the 20-day exponential moving average (EMA) has risen to $668. A key development was that BNB regained its 200-day EMA at $651, which now forms the bottom of the new support range of $650-$670.

Despite positive momentum, buying pressure has pushed the Relative Strength Index (RSI) higher to 73, putting the market into overbought territory. The recent rejection signal at $730 suggests that bulls face stubborn resistance. If the daily line closes firmly above $730, BNB is expected to target the $750-$760 range, the area it traded before its sharp correction in June. Conversely, a break below $690 increases the possibility of a fall back to the 20-day EMA ($668).

Even with short-term declines, maintaining the $650-$670 support band is crucial to maintaining the bullish outlook for BNB.

Glossary: EMA (exponential moving average), an indicator that gives higher weight to recent price data to measure momentum and identify levels of support or resistance in financial charts.

Asset Current Price 20th EMA 200th EMARSI (Daily) Main Resistance Main Support BNB$713 $668 $65173 $730 $650-$670UNI$6.25 $4.70N/A80 $6.50 $4.70-$5.20GRAM$1.36 $1.39 $1.6047 $1.40,$1.49–$1.50$1.25–$1.30LINK$11.58$10.69$9.8363$12.00–$12.20$10.00–$11.00 Uniswap(UNI): Entering a radical rally

As the leading decentralized exchange agreement, Uniswap has doubled in price since mid-August, rising from $3.20 to $6.25 in less than three weeks. This surge allowed UNI to break through all key daily moving averages and significantly break through the $4.00-$4.20 resistance cluster.

Strong buying pushed UNI beyond $4.70,$5.20 and $5.80, with limited retractions. The 20th EMA rose to $4.70, well above other major moving averages. However, the gap between current prices and the 20th EMA poses short-term risks. The daily RSI has reached 80 and the UNI is about 33% higher than the 20-day EMA, highlighting the severe overbought situation. Prices show stability between $6.25 and $6.50, with motivation for further increases hesitant.

A clear breakthrough of $6.50 may open up price discovery space to $6.80 or even $7.00; but if it fails, UNI may fall back to the $5.80 or deeper $5.20-$4.70 support level.


GRAM: Failure to maintain recovery

Gram, a cryptocurrency project aimed at widespread blockchain adoption, is still facing selling pressure. Despite multiple attempts to establish a bottom between $1.30 and $1.35, GRAM still trades below all major daily moving averages at around $1.36.

The 20-day EMA at $1.39 and the next major moving average of $1.40 constitute immediate resistance. GRAM briefly rebounded to around $1.50 in late August, but quickly lost momentum and fell back to familiar support levels. The rebound appears to be only a temporary relief rather than a sign of sustainable change. The RSI of 47 indicates a neutral bearish trend and that volume has continued to shrink since the asset surged in May. To confirm a positive reversal, GRAM needs to clear $1.40 and then break through $1.49-$1.50, which will set the 200-day EMA ($1.60) as the next target. A break below $1.30 may test a local low of $1.25 or lower.

Glossary: Gram, a digital asset originally launched as part of the messaging app Telegram's efforts to build an open blockchain platform, has evolved into an independent community-driven project after encountering regulatory setbacks.

Chainlink (LINK): Maintain post-breakthrough structure

Chainlink's technical settings remain solid after a strong rebound in August. The LINK token recently climbed from $8.20 to more than $12 in two weeks and is currently trading at approximately $11.58. The rally pushed LINK across all major moving averages, including the 200-day EMA at $9.83.

LINK is consolidating in the $11.00-$12.00 range, which shows positive intensity after rapid growth. Prices remain safely above the 20-day EMA of $10.69 and the daily RSI has fallen back to 63. The key test is the resistance range of $12.00-$12.20, where LINK has previously encountered significant selling interest, manifested by hitting the upper shadow line of $12.60.

If it is confirmed that the close is firm above $12.20, it may lead to another push towards $12.60 and $13.00. If LINK falls below $11.00, it could move closer to the 20th EMA, with the $9.80-$10.00 range serving as key structural support. As long as LINK holds this area, the August breakthrough will still be valid.

Overall, BNB, Uniswap, Gram and Chainlink show very different technical forms, with LINK stabilizing around $12.

Disclaimer:

All content published on this website, including hyperlinks, related applications, forums, blogs, and other media accounts, originates from third-party platforms and their users. CoinMarketInsight makes no representations or warranties of any kind regarding the website or its content. All blockchain-related data and materials are provided for informational and research purposes only and do not constitute financial, legal, or investment advice. Users and third parties are solely responsible for the content they publish. CoinMarketInsight shall not be liable for any losses arising from the use of this website. You should exercise caution and conduct your own independent research, review, analysis, and verification before making any decisions.

Read Full Article
More News
TOP

TOP