Linea Debut Underwhelms, Price Rise To New Highs in Doubt
The post Linea Debut Underwhelms, Price Rise To New Highs in Doubt appeared on BitcoinEthereumNews.com.
LINEA’s recent debut initially sparked optimism, with the token showing promising early movement. However, its current trajectory paints a less enthusiastic picture. Despite managing to sustain some demand, the broader market reception remains lukewarm, raising doubts about LINEA’s ability to climb back to its all-time high (ATH). Linea Launch’s Response Can Improve Interestingly, Smart Money investors continue to show confidence in LINEA. Data reveals that in the last 24 hours, their holdings increased from 27.96 million LINEA to 28.29 million LINEA. This steady accumulation highlights that sophisticated investors are betting on the token’s long-term potential. Sponsored Sponsored Such buying behavior suggests that even though the market reaction is muted, institutional and experienced traders see value in LINEA’s fundamentals. Their support is crucial, as sustained inflows from Smart Money often help tokens weather short-term volatility. Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here. LINEA Smart Money. Source: Nansen From a technical perspective, LINEA’s momentum is showing early signs of strain. The relative strength index (RSI) dipped below the neutral 50.0 line before recovering slightly above it. This fluctuation indicates that while bullish momentum is present, it lacks the strength to fuel a breakout. Weak RSI readings highlight the challenge LINEA faces in gaining traction. Without a stronger push from both retail and institutional participants, the token could struggle to maintain upward pressure. This environment is counterproductive for a newly launched altcoin that needs momentum to sustain gains and inspire confidence. LINEA RSI. Source: TradingView LINEA Price Needs To Breach Barriers At the time of writing, LINEA is trading at $0.0285, attempting to establish this price as a reliable support zone. Securing this base is essential before it can target the ATH of $0.0332 set earlier. For LINEA to achieve this, it must push through the resistance…
Filed under: News - @ September 16, 2025 7:30 pm