Market Overview for Chainlink/Yen (LINKJPY)

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Thursday, Dec 18, 2025 8:23 am ET1min read
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Aime RobotAime Summary

- Chainlink/Yen (LINKJPY) dropped to 1886 JPY before forming a bullish reversal near 1900 JPY with strong volume support.

- Bearish momentum indicators and RSI in oversold territory suggest potential short-term rebound despite ongoing downtrend.

- 61.8% Fibonacci retracement at 1916 JPY aligns with consolidation, while Bollinger Bands narrow volatility between 1900-1915 JPY.

- Increased volume confirmed key levels during reversal, with 1905 JPY daily MA offering potential support if downtrend stabilizes.

Summary
• Chainlink/Yen declined sharply from 1935 JPY before consolidating in the final hours.
• Momentum indicators show bearish exhaustion, with RSI hinting at oversold territory.
• A bullish reversal pattern emerged near 1900 JPY, supported by increased volume.
• Volatility dipped after midday, narrowing price between 1900 and 1915 JPY.
• Recent 5-minute swings suggest 1916 JPY as a potential 61.8% Fibonacci level.

Chainlink/Yen (LINKJPY) opened at 1916 JPY on 2025-12-17 12:00 ET, reached a high of 1935 JPY, dipped to a low of 1886 JPY, and closed at 1917 JPY on 2025-12-18 12:00 ET. Total volume was 13,211.24, with notional turnover at 25,633,934.25 JPY over the 24-hour period.

Structure & Formations


Price broke down from a key resistance level near 1935 JPY, forming a bearish trend that reached as low as 1886 JPY. A bullish engulfing pattern emerged around 1900 JPY in the latter half of the day, with strong volume support. 61.8% Fibonacci retracement aligns with 1916 JPY, indicating potential consolidation ahead.

Moving Averages


The 20-period and 50-period moving averages on the 5-minute chart crossed bearishly early in the session, reinforcing the downtrend. On daily charts, the 50-period MA appears to be forming a potential support zone near 1905 JPY.

MACD & RSI


The MACD turned bearish early in the session, confirming the decline. RSI dipped into oversold territory below 30 late in the day, suggesting the potential for a near-term rebound. However, bearish momentum remains strong, with no clear reversal in MACD yet.

Bollinger Bands


Volatility contracted significantly after midday, with price ranging between 1900 and 1915 JPY. Price closed near the upper band in the final hours, suggesting a possible test of nearby resistance ahead.

Volume & Turnover


Volume surged during the early bearish breakdown and again at the 1900 JPY reversal, confirming key levels. Turnover remained aligned with price action, with no significant divergence observed. This supports the likelihood of continuation or consolidation in the near term.

Fibonacci Retracements


The 5-minute chart shows a key 61.8% retracement level at 1916 JPY, which coincided with a strong volume bar. On the daily chart, a potential 38.2% retracement at 1905 JPY could offer further support if the downtrend stabilizes.

Price appears to be consolidating near 1916 JPY, with a potential short-term bounce expected if bullish momentum gains strength. However, a break below 1900 JPY could extend the decline, with 1890 JPY as the next potential target. Investors should remain cautious and watch for volume confirmation at key levels.