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Chainlink (LINK) On Standby: Bitcoin’s Next Move Holds The Key

Chainlink (LINK) ended its latest session in a holding pattern, with indecisive candles and choppy intraday action pointing to a lack of clear direction. Traders now look to Bitcoin’s next move for guidance; any meaningful shift in BTC dominance could quickly tilt LINK’s price action. Until the market leader shows its hand, LINK remains on standby, hovering near key support while waiting for a decisive cue.

Falling Wedge Holds The Key To Chainlink Next Big Move

In a recent X post, CRYPTOWZRD provided an update on Chainlink’s daily technical outlook, noting that the daily candles for both LINK and LINKBTC closed indecisively. This indecision reflects uncertainty in the market as traders await clearer direction. The lack of a strong trend suggests a pause before the next significant move.

The analyst highlighted that LINKBTC is currently forming a falling wedge pattern, which is generally considered a bullish formation, especially when it appears in oversold conditions. He stressed that a breakout from this wedge is essential for Chainlink to trigger the next impulsive move upward, signaling a potential shift in momentum.

Chainlink

CRYPTOWZRD explained that this breakout is more likely to occur once Bitcoin dominance begins to decline. As Bitcoin’s grip loosens, altcoins like LINK tend to gain strength and follow suit. Therefore, monitoring Bitcoin dominance will be key in anticipating LINK’s next move.

Regarding support levels, CRYPTOWZRD identified $12.50 as the critical next support target. A strong reversal from this point could ignite a rally toward the $16 resistance level or higher. This level will serve as a crucial testing ground for bullish momentum.

He concluded by mentioning that his focus remains on lower-timeframe charts to identify quick scalp opportunities. While the broader trend is developing, CRYPTOWZRD is looking to capitalize on shorter-term movements, keeping a close eye on price action and volatility.

Choppy Intraday Action Keeps Bulls Cautious

Wrapping up the analysis, the analyst highlighted that LINK’s intraday chart remained sluggish and choppy, offering little in terms of clear directional bias. A possible retest of the $12.85 support level—or even a minor dip below it—could still present a bullish reversal opportunity, potentially paving the way for a push toward the $14.40 resistance target.

However, the analyst warned that if Chainlink holds below the $12.85 level, it could slip into prolonged sideways movement. This uncertain behavior will likely hinge on Bitcoin’s overall market direction, which continues to heavily influence altcoin performance. With no clear trade setup currently in play, the analyst concluded that it’s best to remain patient for a cleaner structure to emerge before making any decisive moves.

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Chainlink Reclaims Key Structure – Quiet Accumulation Could Fuel $25–$30 Surge

Chainlink (LINK) is up 21% from its Sunday lows, gaining momentum in an otherwise uncertain macro and geopolitical environment. While global tensions continue to spark volatility across markets, Chainlink has stood out for its resilience, supported by a series of strong partnerships and growing on-chain fundamentals. The recent price action signals a potential shift in trend, but analysts warn that a confirmed breakout is still needed before bulls can fully take over.

Top analyst Henry Lord of Alts highlighted that LINK has endured months of persistent downtrend and unusually quiet price behavior. However, recent moves suggest that something is changing beneath the surface. Volume is increasing, volatility is picking up, and LINK is forming a base structure that could mark the end of its accumulation phase.

Despite this strength, Chainlink remains technically locked within a consolidation range. A clean breakout above key resistance levels will be critical to trigger the next phase of upward momentum. Until then, traders are cautiously optimistic as LINK teases a larger move.

Chainlink Prepares For A Decisive Move

Chainlink is currently trading over 25% below its May high, reflecting the broader market impact of rising macroeconomic uncertainty and geopolitical tensions, especially the recent Middle East conflicts. Despite these pressures, LINK has managed to hold within a steady consolidation range, signaling resilience as the crypto market awaits its next decisive move.

Maintaining prices above current levels is crucial. A breakdown here could open the door for deeper corrections. However, analyst Henry believes the tides may be turning. According to Henry, Chainlink has endured months of downtrend and silence, but a structural shift is now underway. His analysis highlights that the long-standing downtrend has been broken, and LINK has entered a clear accumulation and consolidation phase.

Chainlink consolidates at key demand levels | Source: Henry on X

“These zones often come before the loudest moves,” Henry notes. Historically, such phases have preceded explosive rallies, and this time may be no different. If momentum picks up, a breakout toward the $25–$30 range wouldn’t be surprising.

Henry also points out that periods of inactivity often mask the actions of smart money—buying quietly before the broader market catches on. While it’s easy to overlook assets during calm phases, that’s often when the groundwork for major moves is laid. For now, Chainlink remains on watch.

LINK Price Analysis: Signs of Reversal Emerge

Chainlink is showing early signs of a trend reversal after months of consistent decline. As seen in the 12-hour chart, LINK recently rebounded from the $11.50 level and is now trading above $13.20. This recovery follows a steep drop that marked a new local low, but the bounce has pushed the price above the 50-day simple moving average (SMA), now acting as short-term support at $13.50.

LINK testing short-term resistance levels | Source: LINKUSDT chart on TradingView

Importantly, LINK is now testing the 100-day SMA (around $14.65), which previously served as resistance in late May and early June. If bulls manage to break and consolidate above this level, the next target lies near the 200-day SMA at $14.16—a confluence zone that may act as a critical decision point for trend continuation or rejection.

While the macro structure remains bearish, this short-term accumulation range suggests growing demand, especially as the price begins to form higher lows. A clear break above $14.65 with volume could confirm the breakout and signal the start of a larger move toward the $17–$18 range.

Featured image from Dall-E, chart from TradingView

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Chainlink Bullish Signal Stands Firm, But Bitcoin Is Calling The Shots

CRYPTOWZRD noted in a recent update on X that Chainlink ended the session with a bullish close, hinting at potential further gains ahead. However, the analyst emphasized that Bitcoin will ultimately dictate the move. Keeping a close eye on the intraday chart, the expert mentioned that an early pullback could present a scalp opportunity, as long as Bitcoin aligns with the bullish outlook.

Breakout Likely With Strong Daily Candles

Breaking down his latest analysis, the trader explained that LINK’s daily candle officially closed bullish, marking a key technical point in the current trend. Meanwhile, LINKBTC ended the session on a positive note, which adds weight to the bullish outlook for LINK in the short term. 

However, the analyst emphasized that more bullish daily closes on LINKBTC are needed to confirm momentum. A continuation of strength could lead to an impulsive breakout above the daily candle’s lower high trendline, igniting the next leg upward.

Chainlink

A decisive move above the 0.000140 BTC resistance zone is expected to accelerate price action for LINK, giving bulls a clear signal to push higher. If momentum continues to build, LINK could rally toward the $16 resistance level, marking a major target for the current setup. For now, $12.50 remains a key support level on the daily timeframe and will act as a cushion if bearish pressure reemerges.

Looking ahead, the analyst pointed out that Bitcoin and Bitcoin Dominance will remain the primary market drivers for Chainlink heading into the weekend. While maintaining a rational outlook, CRYPTOWZRD plans to monitor LINK’s intraday chart closely for any developing setups. 

Awaiting Chainlink Next Trade Setup

In conclusion, CRYPTOWZRD emphasized that LINK’s intraday chart is showing signs of a bullish recovery, closely aligned with Bitcoin’s recent rebound. He expressed optimism that further upside is likely if current conditions persist, particularly if Bitcoin maintains its strength. 

Despite the encouraging signs, CRYPTOWZRD noted that a temporary bearish pullback would be both natural and healthy within the current market context. Pullbacks often reset market conditions, providing better structure for stronger continuation patterns. He believes such a retracement could offer a favorable early entry point for long positions, especially for short-term or intraday traders looking to capitalize on the volatility. 

As the market continues to evolve, CRYPTOWZRD advises traders to wait for clear confirmation of the next trade setup before taking action. His statement emphasized that strategic patience will be key in identifying the most rewarding opportunities. For now, traders should track price behavior closely and prepare to act swiftly when the next valid entry signal presents itself.

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Greed Rising, Chainlink Stalling: Will LINK Smash Past $20 And Race To $36.5?

Chainlink’s token, LINK, has barely budged this month. It sits in 13th place by market cap after picking up just 3.8% since May 1. Its price hovers under $12 at times, though some reports put it near $16 when markets last ticked. That mixed picture raises questions about whether LINK can keep its spot.

Cross-Chain Push Comes To Solana

According to published updates, Chainlink rolled out its Cross-Chain Interoperability Protocol on Solana on May 19, 2025. This feature aims to let developers tap into over $18 billion in assets across chains.

The upgrade is meant to help Solana’s DeFi world link up with Ethereum, Polygon, Avalanche and others. It shows Chainlink’s team isn’t waiting around for the price to climb.

New Integrations Add Momentum

Based on reports from the Chainlink team, there have been 16 fresh integrations of its standards. Those span six service types and include support on Arbitrum, Avalanche, Base, BNB Chain, Ethereum, Polygon, Solana and ZKsync.

Developer activity is on the rise. But that growth hasn’t sparked big moves in the LINK market yet. A $10.4 billion market cap still feels sturdy. Yet the token’s flat performance puts pressure on its ranking.


Resistance Zones Shape Outlook

Traders eye key hurdles on the LINK/USDT chart. First up is a wall at $20, a level where sellers have stepped in before. A push past that could send LINK toward a $25–$26 area. Beyond lies a mid-term target of $28–$30, matching late-2024 highs.

Volume spikes in April did trigger a 14% climb, pointing to possible repeat action. But bears still have a say. The MACD line sits under its trigger line, though the gap is narrow. Histogram bars are flat, hinting that selling force might be fading. A crossover could spark fresh buying.

Breakout Signs

Meanwhile, LINK is showing signs of breaking out of its downtrend channel, sparking bullish momentum among traders. Analysts note that a clean breakout could push LINK toward the $36.5 level, where a major selling wall sits.

The move follows increased developer activity and Chainlink’s CCIP launch on Solana. If buyers hold momentum, LINK may rally smoothly—but the $36.5 resistance could test the strength of this breakout.


Flat Forecasts Keep Hopes Modest

Technical indicators are mixed. LINK’s one-month forecast shows a 0.61% gain by June 26, 2025, landing it around $15.64. That outlook comes with a “Neutral” reading on market sentiment.

The Fear & Greed Index sits at 60, a sign of Greed. In the past 30 days, LINK had 12 green days out of 30 and saw 6.40% volatility. All that points to modest moves rather than wild swings.

What Comes Next For LINK

Chainlink’s core goal remains the same: power a decentralized oracle network that feeds real-world data into blockchains. Those efforts matter for projects that need price feeds, random numbers or cross-chain messages.

If a big DeFi protocol adopts CCIP or a major hack bounty gets paid out, LINK could see fresh demand. Until then, the token may drift. Watch the price near $11 and $20.

Featured image from Unsplash, chart from TradingView

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Chainlink Struggles At Key Resistance Level – $10 Support Back In Focus

After weeks of consistent buying pressure and bullish sentiment, Chainlink (LINK) is now facing a critical moment. The price failed to reclaim the $18 resistance level and has since dropped more than 16%, showing signs of weakening momentum. This recent rejection has sparked concerns among investors and traders, as downside risk intensifies in the short term.

Top crypto analyst Ali Martinez shared a technical analysis pointing to a potential retracement toward lower demand levels. According to Martinez, the recent failure to break above key resistance may trigger further selling pressure, especially if broader market conditions remain uncertain. He suggests that LINK appears to be losing its bullish structure and could be preparing to revisit lower support levels before any meaningful rebound.

Chainlink’s current position highlights a shift in sentiment, as bulls struggle to hold key zones. While the broader market remains relatively stable, LINK’s inability to maintain higher levels could signal an early sign of deeper correction if volume and momentum do not pick up.

With volatility returning to the altcoin space, the coming days will be decisive for Chainlink. Holding above interim supports will be key if bulls want to regain control and avoid further losses.

Chainlink Struggles As Momentum Fades: Downside Risks Grow

Chainlink (LINK) is showing signs of exhaustion after weeks of upward movement, now trading under mounting pressure as the market grapples with renewed volatility and global financial uncertainty. Bulls remain active, defending key demand zones and continuing to call for a breakout, but fading momentum and growing fear are starting to weigh on sentiment.

The failure to breach the $18 resistance level marked a turning point. Since then, Chainlink has slipped over 16%, losing critical support zones and entering a vulnerable technical position. According to Martinez, this rejection could be the start of a deeper correction. Martinez’s analysis suggests that LINK is now poised to revisit the $10 level — a psychological and structural support that aligns with historical price behavior.

Chainlink retraces after $18 Rejection | Source: Ali Martinez on X

The next few trading sessions will be crucial. If bulls can’t reclaim higher levels or at least stabilize price action above $14, the selling pressure could accelerate. Adding to the uncertainty is a broader lack of clarity in global markets, with investors closely watching central banks, inflation data, and geopolitical developments for guidance.

While some traders are still positioning for a bounce, the current structure points to caution. Chainlink’s performance in the coming days could either confirm a local top or offer a high-risk, high-reward entry point if support holds and momentum returns. Either way, the $10–$12 range may soon be tested, and how LINK responds there will define its next major trend.

LINK Faces Pullback As Buy Pressure Weakens

Chainlink (LINK) is under pressure after failing to hold above the $17.50–$18 resistance zone. The daily chart shows a sharp rejection near the 200-day SMA (currently at $17.79), followed by a 16% drop that pushed LINK below the 200-day EMA ($16). This move confirms a breakdown of bullish momentum and highlights growing downside risk as traders reassess short-term expectations.

LINK retraces from the 200-day SMA | Source: LINKUSDT chart on TradingView

Volume has picked up during the recent pullback, suggesting active profit-taking or renewed selling interest. The current support zone lies around $14.80–$15.00, a region previously tested in late April and early May. If bulls fail to hold this level, the next major support rests closer to $13.20, potentially opening the door for a deeper correction toward the $10 mark—an area cited by analyst Ali Martinez.

To regain momentum, LINK must first reclaim the $16 zone and flip the 200 EMA back into support. A daily close above both the 200 EMA and SMA would shift sentiment and restore the bullish structure. Until then, traders should watch for continuation signals or further weakness, especially if broader market volatility persists. LINK is in a make-or-break phase, with the next few days likely to set the tone for its short-term trajectory.

Featured image from Dall-E, chart from TradingView

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Chainlink Flashes Daily Buy Signal – Breakout Next?

Chainlink (LINK) is currently consolidating around the $15 level, as bulls attempt to reclaim higher ground after a volatile yet promising few weeks. Despite facing stiff resistance near this zone, LINK continues to show strength amid a broader market rebound, holding steady while many other altcoins experience mixed performance.

The asset is now up over 50% from its April lows, suggesting that bullish momentum is building beneath the surface. Market participants are closely watching for signs of a breakout, especially as the overall crypto market heats up and investors rotate capital back into high-potential altcoins.

Adding to the optimism, top analyst Ali Martínez shared a technical chart indicating that the SuperTrend indicator has just flashed a buy signal on Chainlink’s daily chart. This indicator is often viewed as a reliable tool for identifying the start of new bullish phases or trend reversals. A confirmation of this signal could set the stage for further gains if bulls manage to clear the current resistance.

As the market awaits clarity, LINK’s ability to hold its current level and potentially break higher may set the tone for its next significant move, possibly reigniting a long-awaited rally for the popular oracle protocol.

Chainlink Eyes Breakout as Momentum Builds

Chainlink has been range-bound between $10 and $16 since March, consolidating after a volatile start to the year. Despite the sideways action, market participants are increasingly focused on the potential for a breakout as LINK presses against its key resistance level around $16. A sustained move above this barrier could trigger a strong upside move, especially if accompanied by a broader altcoin rally.

The current setup comes amid high-risk macroeconomic conditions. Global tensions continue to rise, particularly between the US and China, where escalating tariffs and trade disputes have sparked fears of a global recession. Such a backdrop adds a layer of caution to any bullish outlook, as risk assets remain vulnerable to sudden shifts in investor sentiment.

Nevertheless, optimism for Chainlink has grown after Ali Martínez pointed out that the SuperTrend indicator has flashed a buy signal on LINK’s daily chart. This technical tool is often used to detect early trend reversals or sustained shifts in market direction. When it appears after a prolonged consolidation, as it has now, it can signal that bullish momentum is about to accelerate.

Chainlink SuperTrend indicator flashed a buy signal | Source: Ali Martinez on X

If bulls manage to reclaim and hold levels above $16, it could confirm a trend change and potentially send LINK surging toward new 2024 highs. Still, until the price breakouts, the range remains in play—and so does the risk of another rejection.

LINK Price Analysis: Key Levels

Chainlink is currently trading at $15.10, gradually climbing toward the critical $16 resistance level. This zone has acted as a ceiling throughout April and May, and bulls now face a pivotal test. Reclaiming and holding above $16 would not only break the multi-week range but also set the stage for a possible breakout if momentum continues to build.

LINK trading below the 200-day MA & EMA | Source: LINKUSDT chart on TradingView

The technical picture highlights the importance of the 200-day moving average (MA) and exponential moving average (EMA), both clustered in the $16–$17 range. These trend indicators have served as dynamic resistance in recent months, and a clean push above them could confirm a bullish reversal and open the path toward higher targets.

However, the structure remains fragile, and failure to maintain strength could put LINK at risk of a deeper pullback. If the $14 support level breaks, selling pressure may accelerate, potentially dragging the price toward lower demand zones around $12 or even $10.

As the broader market heats up and speculative appetite returns, LINK’s positioning around this key resistance will likely determine its short-term trend. A decisive move in either direction could shape the price action heading into the next few weeks.

Featured image from Dall-E, chart from TradingView

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Massive Chainlink Demand Wall At $6.26 As 90K Investors Buy 376M LINK

Chainlink is currently trading at critical demand levels as the broader crypto market faces ongoing pressure. With global financial conditions growing increasingly fragile, volatility continues to dominate across risk assets. Geopolitical tensions and sweeping tariffs imposed by world leaders — including recent moves by US President Donald Trump — have only added to the uncertainty, shaking investor confidence and stalling bullish momentum in crypto.

Amid this backdrop, Chainlink has struggled to reclaim higher ground, instead consolidating around a key support zone. According to on-chain data, LINK’s most critical demand wall sits at $6.26. This concentration of buying interest marks a potentially strong support area that bulls must defend to avoid a deeper correction.

As markets react to shifting macroeconomic signals, Chainlink’s ability to hold this demand zone could determine its next move. If this level fails, additional downside may follow. But if it holds, it could serve as the base for a potential rebound once sentiment improves. For now, all eyes remain on LINK’s price action as it tests one of the most important accumulation zones on its chart.

Chainlink Consolidates As Next Demand Level Lies Below

Despite broader market uncertainty, Chainlink remains one of the most prominent players in the real-world asset (RWA) tokenization narrative — a sector expected to see substantial growth in the coming years. As traditional finance continues exploring blockchain infrastructure, Chainlink’s oracle technology and decentralized data feeds remain essential to bridging off-chain assets with on-chain applications.

However, in the short term, LINK’s price action has mirrored the broader crypto market downturn. Chainlink is down 17% since March 26, with current price action showing continued uncertainty. LINK is consolidating just above a key demand level, and although bulls have struggled to regain momentum, some analysts believe the worst may be behind. Fears of ongoing selling pressure persist, but overall market conditions suggest that the sharpest drawdowns could be over.

Supporting this view, Ali Martinez shared on-chain data revealing that the most critical demand wall for Chainlink sits at $6.26, where nearly 90,000 investors accumulated approximately 376 million LINK tokens. This strong accumulation zone may provide the foundation needed for price stabilization and a potential reversal, especially if broader market sentiment begins to recover.

Chainlink demand wall around $6 | Source: Ali Martinez on X

While analysts still warn of a possible deeper correction, the fading intensity of selling and the presence of strong support indicate growing resilience. Chainlink’s long-term fundamentals, particularly its leadership in the RWA space, continue to attract attention — even during times of market stress. If the $6.26 level holds, LINK could be well-positioned for a rebound once bullish momentum returns across the crypto landscape.

LINK Holds Solid Ground As Bulls Eye Recovery Confirmation

Chainlink (LINK) is trading at $12.8 after enduring several days of heavy selling pressure. Despite the recent downside, bulls have managed to defend the crucial $12.3 support level, which has so far acted as a solid demand zone. This hold is a key short-term victory, but the broader trend remains fragile as LINK struggles to regain upward momentum.

LINK trying to push above $13 | Source: LINKUSDT Chart on TradingView

To confirm a potential recovery rally, bulls must push LINK above the $14.6 level — a critical resistance zone that aligns with both the 4-hour 200-day moving average (MA) and the exponential moving average (EMA). A decisive breakout above this area would signal renewed strength and potentially attract more buyers back into the market.

However, the risk of further downside still looms. If LINK loses its grip on the $12.3 demand zone, the next logical support could lie near the $10 mark, a psychological level that hasn’t been tested since early Q4 2023. With the broader crypto market still under pressure and sentiment cautious, LINK remains at a crossroads. The coming days will be pivotal as bulls attempt to reclaim momentum and avoid slipping deeper into correction territory.

Featured image from Dall-E, chart from TradingView 

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Chainlink Whales Dump Over 170 Million LINK In Three Weeks – Selling Pressure Ahead?

Chainlink is trading at crucial demand levels as the entire crypto market faces heightened selling pressure and uncertainty. After weeks of volatility and downside moves, bulls continue to struggle to regain control, with LINK failing to break above key resistance levels. Still, there are early signs that the worst may be behind. Price action is beginning to stabilize, and some traders believe the current consolidation could lay the groundwork for a recovery phase.

However, not all signals are bullish. According to on-chain data from Santiment, whales have sold over 170 million LINK in the last three weeks. This significant outflow from large holders has fueled speculation that additional downside could still exist. Whale behavior is often a leading indicator of broader market sentiment, and continued selling from top wallets may reflect a lack of confidence in the short-term price outlook.

While selling pressure appears to be fading for now, the market remains cautious. For Chainlink to break free from this uncertain range, bulls will need to defend current support and reclaim key levels. Until then, whale activity and broader market sentiment will continue to play a major role in determining LINK’s next move.

Chainlink Consolidates At Key Support As Whale Selling Clouds Outlook

Chainlink is down 17% since March 26, and its price action remains uncertain as it consolidates above a critical demand zone. While the broader crypto market continues to struggle with volatility and macro-driven selling pressure, LINK has been particularly vulnerable. Analysts are increasingly voicing concerns about a potential deeper correction, citing weak momentum and ongoing bearish sentiment across risk assets.

The fear of extended downside remains high, with many traders hesitant to step back in until clearer bullish signals emerge. The entire crypto landscape has been affected by economic instability and market indecision, and Chainlink is no exception.

Still, some believe LINK has room to recover. The project continues to expand its role in the decentralized finance (DeFi) space, with steady development and increasing adoption of its oracle infrastructure. These long-term fundamentals offer hope that once the current market pressure fades, Chainlink could be among the first altcoins to rebound.

Adding to the uncertainty, however, are troubling whale activity metrics. Crypto analyst Ali Martinez recently shared on X that whales have sold over 170 million LINK in the past three weeks. This heavy distribution supports the prevailing bearish trend and suggests that major holders are not yet confident in an imminent recovery.

Chainlink whales sold 170M LINK in 3 weeks | Source: Ali Martinez on X

For now, all eyes remain on whether LINK can hold its current support zone. A break below could open the door to further losses, while a bounce and reclaim of higher resistance levels may finally mark the beginning of a recovery phase. Until then, market participants are treading carefully as Chainlink balances between bearish pressure and the potential for a turnaround.

LINK Struggles As Bulls Fight to Avoid Further Losses

Chainlink (LINK) is trading at $13.1 after failing to reclaim the $15 level, reflecting continued weakness following weeks of selling pressure. The rejection from $15 has left bulls in a defensive position, with price action hovering just above a key demand zone. To regain control and confirm the start of a recovery rally, LINK must not only hold above current levels but also break decisively above the 200-day moving average (MA) and exponential moving average (EMA), both sitting around $17.2.

LINK holding crucial demand | Source: LINKUSDT chart on TradingView

These moving averages represent critical resistance, and only a clean breakout above them would signal a shift in momentum. Until then, LINK remains vulnerable to further downside, especially if market conditions stay fragile. If bulls fail to defend the $13 zone, a drop toward $10 becomes a likely scenario — a level that hasn’t been tested since late 2023.

With broader market uncertainty and fading momentum across altcoins, LINK holders are watching closely. A failure to hold current support could trigger stronger selling pressure, while a successful push above $17.2 could pave the way for a stronger rebound. The coming days may be pivotal in determining whether Chainlink stabilizes or continues its downtrend.

Featured image from Dall-E, chart from TradingView 

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Chainlink Consolidates In Triangle Pattern – Is A 35% Breakout Imminent?

Chainlink is currently trading at a crucial demand zone after enduring heavy selling pressure throughout Q1 of this year. Like many altcoins, LINK has struggled to recover in the face of broader macroeconomic instability and a hostile market environment fueled by U.S. President Donald Trump’s unpredictable policy decisions. Tariffs, trade tensions, and volatile global sentiment have created significant headwinds for high-risk assets, and Chainlink has been no exception.

Despite the recent weakness, some analysts believe a turnaround may be near — but only if LINK can hold its current support levels. A strong defense here could lay the foundation for a meaningful recovery rally in the weeks ahead.

Top analyst Ali Martinez shared new insights on X, highlighting a potentially bullish setup forming on Chainlink’s chart. According to Martinez, LINK is currently consolidating within a triangle pattern, which often precedes major moves. He notes that this structure could be setting up for a significant price move, with a breakout potentially imminent.

As LINK coils tighter within this pattern, traders are watching closely. A confirmed breakout from this zone could spark a strong directional move — and possibly mark the beginning of Chainlink’s next major trend.

Chainlink Struggles Below Key Levels as Triangle Pattern Signals Imminent Move

Chainlink is currently trading below critical resistance levels after losing nearly 30% of its value since late February. The sharp drop has left bulls in a defensive position, struggling to hold prices steady and spark a meaningful recovery. The $13 mark now stands as a crucial support level — a zone that must hold to preserve market structure and investor confidence. A decisive defense of this area could provide the foundation needed for a recovery rally.

While selling pressure has dominated in recent weeks, bears have so far failed to break LINK below its current demand zone. This has led to cautious optimism among traders, who see a potential reversal if buyers can defend key levels and reclaim momentum. If LINK maintains support above $13 and gains strength, a push toward higher liquidity zones could quickly follow.

However, risks remain. US President Donald Trump’s unpredictable economic policies, especially on tariffs and trade, continue to shake financial markets and drive uncertainty. Crypto, as a high-risk asset class, remains particularly vulnerable to this kind of volatility.

Martinez’s technical analysis noted that Chainlink is consolidating within a triangle pattern — a structure that often precedes significant price movements. According to Martinez, this setup could result in a 35% breakout, with $16 identified as the level to watch closely for confirmation.

Chainlink forming a 12h pattern | Source: Ali Martinez on X

If bulls can reclaim that level, a powerful move higher may follow. For now, all eyes are on the $13 support and the triangle’s upper boundary as Chainlink coils tighter and prepares for its next major move. A breakout — in either direction — appears imminent.

Bulls Hold Support But Battle Key Resistance

Chainlink (LINK) is trading at $13.5 after several days of consistent selling pressure, struggling to gain momentum below the critical $16 mark. The current level now acts as a short-term support zone, and bulls must defend it to avoid further downside. A successful hold above this price could offer a foundation for recovery, but the path forward remains challenging.

LINK trading below 200-da MA & EMA | Source: LINKUSDT chart on TraidngView

To shift sentiment and reignite bullish momentum, LINK must reclaim the $17.20 level — an area that aligns closely with both the 200-day moving average (MA) and the 200-day exponential moving average (EMA). These indicators have historically marked key trend reversals, and a clean breakout above them would signal strength returning to the market.

If bulls manage to push LINK above the $18 mark, a strong rally could follow, possibly retesting higher resistance levels and restoring confidence in the broader trend. However, if LINK fails to reclaim these levels in the near term, it risks slipping into a consolidation phase or even experiencing a deeper correction.

A breakdown below $12.5 would likely trigger further losses and shift the short-term outlook more bearish. For now, LINK remains in a fragile state, and the next move will depend on the bulls’ ability to reclaim momentum.

Featured image from Dall-E, chart from TradingView 

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Chainlink Weekly Indicator Flashes Buy Signal – Can Bulls Hold $13.20 Support?

Chainlink has been under heavy selling pressure, trading in a downtrend as broader market weakness drags crypto prices lower. The entire crypto market remains on the defensive, with macroeconomic uncertainty and escalating trade war fears continuing to shake investor confidence. With no clear resolution in sight, many analysts believe this high-risk environment could persist for the coming months, placing further pressure on digital assets like Chainlink.

LINK has struggled to maintain upward momentum, and market sentiment remains divided. A growing number of analysts are warning of a possible break below current levels, potentially signaling the start of a prolonged bear market cycle. However, not everyone is bearish.

Top crypto analyst Ali Martinez recently shared a more optimistic take. According to his analysis, all eyes should be on the $13.20 support level — a critical trendline that has held strong through recent volatility. Martinez notes that this level could act as the launchpad for a new rebound in LINK’s price. Whether support holds or breaks will likely define Chainlink’s direction in the weeks ahead.

Chainlink Holds Key Support After 55% Drop

Chainlink is currently down more than 55% from its December high of around $30, struggling to find momentum as broader market conditions remain uncertain. Bulls have yet to reclaim any meaningful resistance levels, and price action has remained underwhelming amid ongoing selling pressure. Still, despite the weakness, bears have been unable to push LINK below the current demand zone — a sign that this area may be acting as a strong support floor.

If this level holds, a significant recovery could be on the horizon. The potential for a rebound is gaining attention, especially as macroeconomic uncertainty clouds the outlook. U.S. President Donald Trump’s latest tariff announcements and geopolitical moves are shaking financial markets, adding pressure to global economies and setting the stage for a potentially volatile era ahead. Crypto markets, often sensitive to global instability, remain caught in the middle.

Amid this backdrop, Martinez has highlighted a key technical level to watch: $13.20. According to Martinez, this support trendline could be the launchpad for the next major rebound in Chainlink’s price. Notably, the TD Sequential indicator has also flashed a buy signal at this level, further strengthening the bullish case for a turnaround.

Chainlink testing long-term demand | Source: Ali Martinez on X

While risks remain high, a strong defense of the $13.20 zone could trigger renewed momentum and offer bulls the chance to reclaim higher ground. The coming days will be crucial in determining whether LINK can stabilize and rally — or if the current support will finally give way to further downside.

LINK Trades At $13.20 As Price Tests Critical Support

Chainlink (LINK) is trading at $13.20 after enduring several days of intense selling pressure, placing the token in a crucial position. This level now acts as the last strong support before deeper losses, and bulls must hold above it to prevent a breakdown in market structure. A decisive defense here is essential, as slipping below the $13 mark could quickly lead to a drop beneath $12, dragging LINK into lower demand zones.

LINK holding above $13 | Source: LINKUSDT chart on TradingView

To shift momentum and spark a recovery rally, bulls need to reclaim higher ground — starting with a move above the $16 level. This zone has acted as a key resistance barrier in recent weeks, and a clean breakout would mark a meaningful shift in sentiment.

More importantly, a sustained push above $17 would bring LINK back above its 200-day moving average (MA) and exponential moving average (EMA), two critical technical indicators that signal broader trend strength. Reclaiming these levels would confirm renewed bullish momentum and could attract fresh demand from sidelined traders and investors.

For now, all eyes remain on the $13 level. Whether bulls defend it or not could determine LINK’s short-term fate — and set the tone for its next major move.

Featured image from Dall-E, chart from TradingView 

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Chainlink Poised For Recovery If $13 Support Holds – Expert Sets Optimistic Targets

Chainlink (LINK) is showing signs of strength, trading 27% above its March 11 low and hinting at a potential recovery if broader market conditions improve. Despite recent volatility and ongoing macroeconomic uncertainty, LINK has managed to hold its ground better than many altcoins, giving hope to investors who believe the worst may be over. While some analysts remain cautious and warn of further downside, others see this consolidation as a healthy reset before the next leg up.

Top analyst Ali Martinez shared insights on X, noting that Chainlink is currently testing a critical support level around $13, which aligns with the lower boundary of a long-standing price channel. According to Martinez, if LINK holds this zone, historical patterns suggest a strong rebound could follow.

As market sentiment remains divided, all eyes are on LINK’s ability to maintain this support. A successful defense could position Chainlink as one of the altcoins leading the next rally. For now, traders are watching closely, waiting to see if this price action marks the beginning of a new upward trend.

Chainlink Holds Crucial Support As Bulls Eye A Breakout

After losing the critical $17–$18 support zone, bulls have struggled to regain control. Chainlink trades at a pivotal level as it attempts to reclaim higher prices amid ongoing market uncertainty and volatility. LINK has fallen over 61% since reaching its mid-December high of around $30, reflecting the broader market’s bearish sentiment fueled by macroeconomic instability and risk-off behavior from investors.

However, there is growing optimism that LINK could be preparing for a recovery. Martinez’s insights highlight that Chainlink is now sitting on a key support level at $13, which marks the lower boundary of a well-defined trading channel.

Chainlink holding a bullish pattern | Source: Ali Martinez on X

Martinez suggests that holding this zone could set the stage for a major rally. If LINK confirms a stronghold above $13, historical price action indicates that a move toward the mid-range target of $25 is likely, with a potential extension toward $50 if bullish momentum strengthens.

The coming days will be critical as bulls must defend the $13 level to prevent further downside. A bounce from this zone could trigger renewed investor interest and accelerate momentum, positioning Chainlink as one of the altcoins leading a broader market recovery. For now, all eyes are on whether LINK can hold the line and reignite its bullish structure.

LINK Price Battles Key Resistance

Chainlink is currently trading at $14.30, sitting just below a crucial resistance zone that could determine its short-term direction. The $15 level has become a key battleground for bulls and bears. If LINK manages to break above this resistance with strength, analysts expect a swift move toward the $17 region—another significant level that previously acted as strong support before the recent downtrend.

LINK trading above $13 | Source: LINKUSDT chart on TradingView

The recent price action shows that bulls are regaining some momentum, especially after bouncing from the $13 zone. However, the market remains fragile amid broader macroeconomic uncertainty and cautious investor sentiment. A confirmed breakout above $15 would likely attract more buying interest, setting the stage for a short-term rally.

On the flip side, if LINK fails to reclaim $15 and faces rejection at this resistance, it could slide back toward lower support levels. A drop below $13 would weaken the bullish case and expose the token to further downside, with the $12 mark acting as a possible next support zone.

The next few sessions will be critical for LINK. Traders are watching closely to see whether bulls can build enough momentum to break out—or if bears will regain control and push the price lower.

Featured image from Dall-E, chart from TradingView 

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640,000 Chainlink (LINK) Withdrawn From Exchanges In 24 Hours – Bullish Accumulation?

Chainlink (LINK) is currently trading below crucial resistance levels, which could trigger a strong rally if bulls manage to reclaim them. However, volatility and uncertainty have dominated the market since the start of the month, keeping LINK’s price action unstable.

The token has seen wild price swings, moving from $17 down to $13, briefly rebounding to $16, and then collapsing to a low of $11.8. Bulls are now fighting to push LINK back above the $15 mark, but momentum remains weak, and the market appears to be consolidating around current levels.

Despite this uncertainty, on-chain data is showing promising signs. Metrics from Santiment reveal that 640,000 LINK were pulled off exchanges in the last 24 hours, which is typically a bullish signal. Large withdrawals from exchanges often indicate long-term accumulation, as investors move their holdings into private wallets instead of keeping them available for immediate selling.

With exchange outflows rising, traders are watching closely to see if LINK can break through resistance levels and confirm a shift toward bullish momentum. The next few trading sessions will be key in determining whether LINK can recover or if further consolidation is ahead.

Uncertainty Looms As Investors Watch For A Breakout

Chainlink is currently holding above the $13.5 mark, struggling to reclaim higher levels as selling pressure and market uncertainty persist. Despite its recent recovery attempts, LINK remains stuck below key resistance, making investors cautious about its short-term direction.

Analysts and traders are concerned about a potential drop below the current range, as on-chain metrics suggest a distribution phase may be unfolding. If LINK fails to hold its support zone, it could see renewed selling pressure, sending the price toward lower demand levels.

However, not all signals are bearish. Crypto expert Ali Martinez shared Santiment data on X, revealing that 640,000 LINK were pulled off exchanges in the last 24 hours. This is often seen as a bullish indicator, as large investors typically withdraw their holdings from exchanges when they anticipate higher prices in the future.

640,000 Chainlink pulled off exchanges | Source: Ali Martinez on X

When whales and long-term holders accumulate, it reduces selling pressure on the market and strengthens price stability. If LINK manages to break key resistance levels, this accumulation trend could set the stage for a strong recovery rally.

For now, bulls must defend the $13.5 support and push LINK above the $15 mark to confirm a bullish trend reversal. The next few days will be critical as investors watch for a breakout or further downside movement.

Chainlink Bulls Defend Key Support Levels

Chainlink (LINK) is currently trading at $14, facing resistance at the $15 level as bulls struggle to reclaim higher ground. The market remains under pressure, and LINK must hold current levels to avoid a deeper correction.

LINK struggles below $15 | Source: LINKUSDT chart on TradingView

For a recovery rally to take shape, bulls need to defend the $13 support zone and build momentum toward a breakout above $15. If LINK successfully pushes past this resistance, the next major target is the $17 level, where it must reclaim the 200-day moving average (MA) and the exponential moving average (EMA) to confirm a bullish trend reversal.

However, if LINK fails to hold its current support levels, selling pressure could intensify, driving the price toward the $10 range or even lower levels. This would put LINK in a deeper downtrend, making a short-term recovery more difficult.

With market conditions still uncertain, the next few trading sessions will be crucial in determining whether LINK can stabilize and recover or face further downside risks. Bulls must step in soon to regain control and push prices back into an uptrend.

Featured image from Dall-E, chart from TradingView

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2.23 Million Chainlink Moved To Exchanges In Two Weeks – Selling Pressure Incoming?

Chainlink (LINK) has faced massive volatility and uncertainty, with price action resembling a rollercoaster ride over the past few days. After trading around $17, LINK plunged to $13 before rebounding back to $16, all within less than three days. This extreme price movement reflects the broader market’s instability, as traders struggle to navigate between bullish excitement and looming risks.

The crypto market remains highly reactive, with investors balancing the hype from President Trump’s U.S. Strategic Crypto Reserve announcement against the macroeconomic uncertainty that continues to weigh on sentiment. While the potential for increased crypto adoption fuels optimism, concerns about inflation, interest rates, and regulatory pressure keep many traders on edge.

On-chain data from Santiment shows that 2.23 million LINK have been moved to exchanges in the past two weeks, a sign that selling pressure may be increasing. This shift in supply raises questions about whether large holders are preparing to offload LINK or simply repositioning ahead of a major move.

As volatility remains high, traders are watching to see whether Chainlink can hold key support levels or break out toward new highs in the coming weeks. The next moves in both LINK and the broader market will be crucial for determining its short-term direction.

Chainlink Struggles Below Key Levels

Chainlink is currently trading below crucial resistance levels, with bulls struggling to reclaim lost ground. A breakout above these key levels could trigger a rally, but until then, uncertainty remains high. The broader market sentiment is mixed, with analysts and investors worried about the possibility of a continued drop if LINK loses support and falls below range lows.

Metrics suggest a potential distribution phase is on the horizon, raising concerns that large holders may be preparing to offload LINK. Top analyst Ali Martinez shared on-chain data on X, revealing that 2.23 million LINK have been moved to exchanges in the past two weeks. Historically, this type of activity precedes selling pressure, as big players typically transfer assets to exchanges with the intent to sell. If selling accelerates, LINK could see a deeper correction, further delaying any bullish momentum.

2.23 million Chainlink moved to exchanges in the last two weeks | Source: Ali Martinez on X

However, there’s still a chance that this trend may not lead to a full-scale distribution phase. Some analysts believe that whales could be repositioning or preparing for a major move rather than outright selling. If LINK can hold above key support levels and reclaim resistance, it could defy expectations and start a new upward trend.

For now, Chainlink remains at a pivotal moment, with price action depending heavily on whether bulls can absorb selling pressure and regain control. The coming days will determine whether LINK breaks out of its range or risks further downside in response to on-chain movements.

LINK Trading Below Key Resistance

Chainlink is currently trading below the $16.6 mark, hovering around the 200-day Moving Average (MA). This level is critical for bulls to reclaim in order to signal long-term strength and shift momentum in their favor. A decisive push above this zone would indicate that LINK is regaining traction, potentially setting the stage for further upside.

LINK testing crucial liquidity | Source: LINKUSDT chart on TradingView

However, in the short term, the main focus remains on holding above the $15 level. This support has been a key demand zone, and maintaining it in the coming days will be crucial to prevent further downside pressure. If LINK stays above $15, buyers could build momentum and attempt a breakout toward the next major resistance at $17.9, which aligns with the 200-day Exponential Moving Average (EMA).

A successful push above $17.9 would reinforce bullish sentiment and increase the chances of LINK reclaiming higher price levels. However, failure to hold $15 could expose LINK to renewed selling pressure, delaying any potential recovery. For now, traders are watching whether LINK can hold support and regain critical moving averages, which will determine its next significant move in the market.

Featured image from Dall-E, chart from TradingView

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LINK Sudden Breakdown Sparks Fears Of Collapse To $12.5 Support Zone

The crypto market is no stranger to turbulence, and Chainlink (LINK) is currently caught in the eye of the storm. As bearish forces tighten their grip, prices are perilously close to testing the crucial $12.5 support level a threshold that could determine its fate in the coming days. Several factors like mounting selling pressure and broader market weakness threaten to derail its recovery prospects.

LINK’s recent downturn comes after a period of consolidation, during which the asset struggled to gain upward momentum. Now, with the price breaking down and eyeing the $12.5 support, the stakes have never been higher. For investors, this level represents a critical battleground that could serve as a springboard for a rebound or further losses.

Market Pressure Mounts: Can LINK Avoid A Breakdown?

Chainlink’s price action tells a concerning story. After a period of consolidation, LINK has broken out of its range to the downside, signaling a shift in market sentiment. The token is now hovering near the $12.5 support level, a critical zone that has historically acted as a range for recoveries. However, the current breakdown suggests that this level may not hold, especially in the face of relentless selling pressure.

One of the key concerns is the weakening market structure, as LINK has been consistently trading below key moving averages, particularly the 100-day Simple Moving Average (SMA). This indicates a growing bearish dominance, making it more difficult for bulls to stage a meaningful recovery. 

LINK

Moreover, trading volume has surged significantly during periods of price decline, indicating intensified selling pressure. Notably, the volume has spiked by over 200%, pushing the total cryptocurrency trading activity beyond the $1 billion mark. This sharp increase in volume during a downturn further underscores the dominance of sellers in the market, reinforcing bearish momentum.  

Finally, the emergence of the Market Structure Break and Order Block indicator implies a critical shift in trend dynamics. In other words, the market structure has transitioned from a bullish phase to a bearish one. A break in market structure often indicates weakening buyer control, allowing sellers to gain the upper hand. 

A Defining Moment For Chainlink

Chainlink finds itself at a defining moment, with the $12.5 support level serving as the last line of defense against a deeper correction. While the bearish signals are hard to ignore, the token’s strong fundamentals and resilience offer a glimmer of hope. Whether LINK can avoid a breakdown will depend on its ability to hold this key level and attract renewed buying interest in the face of mounting market pressure.

Should the $12.5 support fail to hold, the altcoin might be vulnerable to further declines, triggering a deeper correction to other support levels such as $11.1. However, if bulls step in to defend this level, the likelihood of a rebound increases, providing the token a chance to regain lost ground. 

LINK

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New Chainlink Addresses Hit Highest Levels Since January – LINK Network Growth Accelerates

Chainlink is trading at crucial demand levels after days of consolidation below the $20 mark, struggling to reclaim momentum amid broader market uncertainty. The entire crypto market has faced heightened volatility and instability following weeks of selling pressure. Investors remain on edge after Friday’s Bybit hack, which saw $1.5 billion worth of ETH stolen, further fueling market-wide fear and caution.

Despite the uncertainty, Chainlink is showing signs of strength. Key data from Glassnode reveals that Chainlink network growth is accelerating, with the number of new $LINK addresses surging to 2,298—its highest level since January. This spike in network activity suggests increasing adoption and renewed interest from investors, potentially signaling a shift in sentiment for the oracle-based cryptocurrency.

As Chainlink continues to consolidate at key demand levels, traders are watching closely for a potential breakout. A strong recovery in network growth could translate into higher buying pressure, helping LINK reclaim critical resistance levels and break out of its current range. However, if bearish sentiment persists, LINK could struggle to maintain support, leading to further downside. With the market at a pivotal point, the coming days will be crucial in determining whether Chainlink can capitalize on its growing network activity and push higher.

Chainlink Grows Amid Uncertainty

Chainlink has continued to expand despite the broader market uncertainty and volatility, demonstrating resilience even as prices struggle to break above key resistance levels. While many altcoins have faced extreme selling pressure in recent weeks, LINK has held strong above crucial demand zones, maintaining its position as a top-performing project in the Oracle sector.

One of the key drivers of Chainlink’s strength is its continued strategic partnerships, including its collaboration with XRP, which highlights the growing demand for reliable decentralized data solutions in the blockchain space.

As the market looks ahead, Chainlink investors remain optimistic about the project’s potential in 2024. Many analysts expect LINK to have a bullish year, with increasing adoption fueling further price appreciation. Top analyst Ali Martinez shared Glassnode data on X, revealing that Chainlink network growth is accelerating significantly.

Chainlink New Addresses Count | Source: Ali Martinez on X

The number of new LINK addresses has surged to 2,298, its highest level since January. This surge in network activity suggests growing investor interest and adoption, both of which are typically bullish indicators for price action.

With this increasing momentum, Chainlink appears to be positioning itself as one of the most promising projects in the crypto industry. If this trend continues, LINK could see a breakout rally in the coming months, solidifying its role as a critical infrastructure component for decentralized applications and smart contracts.

Price Action Details: Testing Crucial Demand

Chainlink (LINK) is currently trading at $17 after multiple attempts to reclaim the 200-day exponential moving average (EMA) around the $18 level. Bulls are facing a critical moment as LINK consolidates below key resistance, struggling to gain enough momentum for a breakout. If buyers step in and reclaim the $18 level, the next major hurdle will be the psychological $20 mark. A strong push above this level could trigger an aggressive rally into higher price targets, setting the stage for a bullish continuation.

LINK testing crucial liquidity | Source: LINKUSDT chart on TradingView

However, if LINK fails to hold the $17 support level, the price could face renewed selling pressure, leading to a potential drop into lower demand zones. Given the current market uncertainty, investors are closely monitoring these levels to determine the next directional move. The recent increase in new Chainlink addresses, as reported by Glassnode, suggests growing investor interest, which could provide the necessary fuel for an uptrend.

In the coming days, all eyes will be on whether LINK can establish strength above the 200-day EMA and reclaim the $20 mark. A decisive breakout would confirm bullish momentum, while further downside could indicate prolonged consolidation or a potential retest of lower support levels.

Featured image from Dall-E, chart from TradingView

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Chainlink Witnesses Highest Whale Activity Since 2023, Price Reversal Coming?

On-chain data shows the Whale Transaction Count has shot up for Chainlink recently, a sign that more volatility could be coming for the asset’s price.

Chainlink Whale Transaction Count Is Now At Its Highest Since 2023

In a new post on X, the on-chain analytics firm Santiment has discussed about the latest trend in the Whale Transaction Count for Chainlink. The “Whale Transaction Count” here refers to an indicator that keeps track of the total number of LINK transfers that are valued at more than $100,000.

Such large transactions are assumed to be coming from the whale entities, so this metric’s value basically tells us about the level of activity that these humongous investors are participating in.

When the indicator registers a rise, it means the whales are making a larger number of moves on the network. Such a trend suggests trading interest around the asset is going up among the large holders. On the other hand, the metric going down implies the cryptocurrency may be losing attention from the cohort as they have lowered their transaction activity.

Now, here is the chart shared by Santiment that shows the trend in the Chainlink Whale Transaction Count over the last few months:

Chainlink Whale Transaction Count

As displayed in the above graph, the Chainlink Whale Transaction Count has registered a spike recently as the cryptocurrency’s price has plunged down. This means that the whales have made a large number of trades related to the asset.

At the height of this activity spike, the total number of transactions of this group stood at 1,659, the most since December 2023. Since whale transactions are generally quite sizeable, this high trading interest from these large traders can induce further volatility for the asset’s price.

It’s hard to say which direction the volatility emerging out of this activity might take Chainlink in, however, given that the Whale Transaction Count contains no information about whether buying or selling is dominant.

The fact that the spike has come after the crash, though, could certainly be a positive sign. “When altcoins rebound, keep an eye on this asset,” notes the analytics firm.

In another X post, Santiment has shared about which other altcoins have seen a rise in the Whale Transaction Count during the past week.

Altcoin Whales

From the above table, it’s visible that Dai (DAI) on the BNB blockchain has seen a jump of 400% in the metric over the last seven days, the most out of any altcoin. Out of the non-stablecoin assets, Floki (FLOKI) has topped the list with a spike of 286%.

LINK Price

At the time of writing, Chainlink is trading around $19.8, down around 14% in the last week.

Chainlink Price Chart

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Chainlink Could Target $30 Once It Breaks Bullish Pattern – Top Analyst

Chainlink (LINK) has shown remarkable resilience amid market volatility, holding above key support levels while other assets experience sharp fluctuations. Despite uncertainty across the crypto space, LINK has surged over 12% since Wednesday, signaling strong bullish momentum and suggesting that the price is ready to continue climbing.

Top analyst Carl Runefelt shared a technical analysis on X, revealing that LINK is forming a bullish pattern that could lead to a significant breakout. According to Runefelt, Chainlink is on the verge of breaking out of a Descending Triangle, a structure that often precedes strong upward moves. If this breakout materializes, LINK could enter a new bullish phase, pushing toward higher resistance levels.

As market sentiment shifts and altcoins start to move, investors are closely watching Chainlink’s price action. A successful breakout from its current consolidation phase could trigger a new rally, reinforcing LINK’s position as a top-performing asset in the crypto market. The coming days will be crucial in determining whether Chainlink can sustain its momentum and enter a new phase of price discovery.

Chainlink Eyes Major Breakout as Price Holds Bullish Structure

Chainlink (LINK) has experienced its fair share of market volatility, but its long-term outlook remains strong. The project has continued to secure strategic partnerships, including a key collaboration with Ripple, further solidifying its position as a leader in the real-world asset (RWA) market. As Chainlink’s adoption grows, analysts expect it to be one of the top-performing assets in this market cycle.

Despite short-term price fluctuations, LINK is attempting to clear key supply levels, which could trigger a strong upward move. Top analyst Carl Runefelt shared a technical analysis on X, highlighting that LINK has been trading in a bullish pattern since late January. According to Runefelt, Chainlink is currently inside a Descending Triangle, a formation that often leads to breakouts with significant upside potential.

Chainlink forming a bullish pattern | Source: Carl Runefelt on X

Runefelt believes a breakout is imminent, stating that LINK could break out of this pattern at any hour. If the breakout happens, he expects the price to quickly reach the $30 mark, a level not seen in over two years.

With fundamentals strengthening and technical indicators pointing toward a rally, Chainlink is in a prime position for a major move in the coming days. Investors are watching closely to see if LINK can capitalize on its momentum and confirm a bullish breakout.

LINK Holds Strong at $25, Eyes Multi-Year Highs

Chainlink (LINK) is trading at $25, showing strong bullish momentum as it looks ready to reclaim higher levels. After weeks of consolidation, LINK appears poised for a breakout, with investors closely watching the $27 resistance level as the next major hurdle. If bulls successfully push above $27 and hold it as support, a massive rally into multi-year highs will likely follow, setting the stage for a new bullish phase.

LINK pushing into supply levels | Source: LINKUSDT chart on TradingView

However, to maintain this bullish structure, LINK must hold strong above the $22 mark. Losing this level could result in a deeper pullback, delaying the expected uptrend. Despite market fluctuations, Chainlink remains one of the strongest assets in this cycle, with analysts predicting a significant upside in the coming weeks.

With technical indicators aligning for a breakout and strong fundamental backing, LINK is in a prime position to surge higher. Investors are now waiting for confirmation of a trend reversal, which would solidify LINK’s potential for new highs. If bulls successfully clear key resistance levels, Chainlink could soon enter a parabolic rally, reinforcing its role as a top-performing altcoin in the current market cycle.

Featured image from Dall-E, chart from TradingView

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Chainlink Is In The Middle Of A Bullish Breakout – Analyst Sets $50 Target

Chainlink (LINK) is navigating a turbulent market phase, recently experiencing an 11% decline after reaching a local high of $27 yesterday. This pullback reflects the heightened volatility sweeping through the cryptocurrency market, particularly affecting altcoins. Many altcoins, including Chainlink, are facing sharp declines and aggressive price swings as traders respond to uncertain conditions and Bitcoin’s consolidation near all-time highs.

Despite the recent dip, optimism remains among analysts and investors. Top analyst Ali Martinez shared a technical analysis on X, highlighting a bullish perspective for Chainlink. According to Martinez, LINK is currently in the midst of a bullish breakout that, if sustained, could propel the price toward a $50 target. This long-term outlook offers hope for those concerned about the recent retracement, positioning Chainlink as a potential standout in the altcoin market.

As volatility continues to dominate, Chainlink’s ability to navigate these conditions and hold above key levels will be crucial for its bullish trajectory. With analysts pointing to the potential for significant upside, the market is closely watching LINK’s price action in anticipation of its next move. The coming days will reveal whether Chainlink can capitalize on its current setup and emerge as a leader in the altcoin space.

Chainlink Prepares For A Breakout 

Chainlink (LINK) has emerged as a bullish standout amid a volatile crypto market, displaying resilience and strength even as altcoins face aggressive selling pressure and uncertainty. With its price maintaining a clear bullish structure, Chainlink appears poised for another upward move, signaling confidence among investors despite broader market turbulence.

Renowned crypto analyst Ali Martinez recently shared a technical analysis on X, highlighting Chainlink’s strong position. According to Martinez, LINK is currently in the midst of a bullish breakout, with a target set at $50. This optimistic projection is supported by the token’s ability to consolidate above critical demand levels, further reinforcing its bullish outlook.

Chianlink in the middle of a bullish breakout | Source: Ali Martinez on X

Beyond the technicals, Chainlink’s strong fundamentals add to its appeal. As a pioneer in Oracle blockchain technology, Chainlink continues to cement its leadership in the Real-World Assets (RWA) sector. Its cutting-edge solutions, which enable seamless data integration between blockchains and traditional systems, have garnered widespread adoption and positioned Chainlink as an indispensable part of the decentralized finance ecosystem.

As Chainlink consolidates its gains and prepares for the next leg higher, all eyes are on its ability to maintain its structure and capitalize on its bullish momentum. With both technical and fundamental indicators aligning, LINK is well-positioned to weather market volatility and lead the altcoin recovery. Investors are watching closely as Chainlink continues to set itself apart in the evolving crypto landscape, with its $50 target representing a potential milestone in its ongoing growth.

LINK Holding Strong Above Key Level

Chainlink (LINK) is currently trading at $24.26, a pivotal level that has transitioned from a stubborn resistance to a strong support zone. This shift marks a significant milestone for LINK, as the $24 level had acted as a supply zone for weeks. Now holding firmly as support, it signals that bulls have regained control, setting the stage for a potential surge.

LINK testing crucial demand | Source: LINKUSDT Chart on TradingView

The price action suggests that LINK is building momentum to break above the $27 mark, a critical level that could trigger a more explosive rally. With the broader market facing uncertainty and heightened volatility, LINK’s ability to maintain key demand zones showcases its relative strength and investor confidence.

This bullish setup positions Chainlink as a standout performer among altcoins, as it continues to weather market turbulence. If bulls can maintain control and push above $27 with conviction, the next rally could propel LINK into higher targets, potentially sparking renewed interest and activity in the altcoin market.

As traders closely monitor these developments, Chainlink’s resilience at the $24.26 level underscores its potential for significant upside. The coming days will be crucial in determining whether LINK can sustain its bullish structure and capitalize on this opportunity to lead the market higher.

Featured image from Dall-E, chart from TradingView

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LINK Price Soars 40% After Trump’s Crypto Venture Purchases 220,000 Tokens In 15 Minutes

On Monday, the cryptocurrency market witnessed a significant surge in Chainlink (LINK) prices following a remarkable acquisition by World Liberty Financial (WLFI), the crypto venture associated with President Donald Trump. 

Trump’s World Liberty Financial Propels LINK Price Up 

In a series of rapid transactions completed within just 15 minutes, World Liberty Financial purchased 220,000 LINK tokens, totaling an impressive $5.63 million, according to Chinese reporter Wu Blockchain. 

This strategic move was accompanied by additional acquisitions, including 13,000 Aave (AAVE) tokens valued at $4.41 million and 37.267 million TRON (TRX) tokens worth $8.86 million.

The buying pressure generated by these transactions contributed to a notable 44% uptrend in LINK’s price over a two-week period, with a more immediate increase of over 11% within just 24 hours. 

But despite this bullish momentum, LINK’s price remains approximately 49% below its all-time high of $52.70, achieved during the 2021 bull run as it is currently hovering little over above the $26 mark.

In a social media post on X (formerly Twitter), WLFI detailed these acquisitions, stating that they were made to commemorate the inauguration of Donald J. Trump as the 47th President of the United States. 

The post highlighted additional purchases, including $47 million in Ethereum (ETH), $47 million in wrapped Bitcoin (wBTC), and similar amounts in AAVE, LINK, TRX, and Ethena (ENA).

How Chainlink Could Double In Value

The involvement of the Trump family in the crypto space has sparked excitement among bullish LINK investors, fostering renewed confidence in the token’s prospects. 

Analysts like Michael van de Poppe have weighed in, noting that LINK has recently experienced a standard 30% correction—a pattern seen more than 15 times in previous cycles. Despite this, van de Poppe anticipates an upward price movement for Chainlink toward the $35 mark as market conditions stabilize.

Adding to the positive sentiment, market expert Ali Martinez reported a significant withdrawal of over 770,000 LINK tokens from crypto exchanges on Tuesday, suggesting that investors are increasingly confident in LINK’s potential and a possible continuation of the uptrend observed over the past month.

Satoshi Flipper also chimed in on LINK’s price action, expressing optimism about the token’s adoption and future performance. He noted the emergence of a falling wedge pattern that could propel LINK toward its all-time high, suggesting that a price doubling from current levels is feasible. 

Flipper emphasized the importance of Chainlink in the broader cryptocurrency ecosystem, arguing that dismissing the potential for further gains before reaching new highs would be a mistake.

Interestingly, Aixbt recently pointed out that LINK’s monthly Relative Strength Index (RSI) is currently at 67, approaching the critical 70 level that previously triggered a dramatic 375% price surge. 

This setup mirrors the conditions that drove the price from $3.50 to $20 in an earlier cycle. If history were to repeat itself, such a surge could push LINK toward the $124.80 mark, nearly tripling its current peak.

LINK

Featured image from DALL-E, chart from TradingView.com

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Chainlink Weekly Chart Looks Promising – If Bulls Reclaim $30 ‘ATH Are Next’

Chainlink has showcased its volatility over the past few days, with the price plunging 12% before staging an impressive 13% recovery in less than 24 hours. This rapid rebound has sparked optimism among investors, who view the altcoin’s resilience as a sign of its potential for significant gains in the near term.

Top analyst Jelle shared a technical analysis on X, describing the LINK weekly chart as slowly evolving into a “thing of beauty.” The chart signals growing strength, suggesting that Chainlink could be poised for a substantial move if key price levels are reclaimed.

The coming days will be crucial for LINK, as fresh supply zones are yet to be tested. A successful breakout above current resistance levels could catalyze a massive rally, potentially pushing Chainlink to multi-year highs. However, failure to hold its recent gains could lead to further consolidation or a retrace to test demand zones.

As market sentiment shifts and technical indicators align, Chainlink is catching the attention of traders and long-term holders alike. The stage is set for a potential breakout, and all eyes are on LINK to see if it can capitalize on its momentum and deliver the rally many are anticipating.

Chainlink Prepares for a Rebound After 42% Correction

Chainlink (LINK) has faced a challenging few weeks, with the price plummeting over 42% since mid-December. However, signs are emerging that this steep correction may be nearing its end. Analysts are now speculating that LINK has reached a bottom, as short-term price action hints at bullish momentum.

Top analyst Jelle shared a detailed technical analysis on X, highlighting that LINK’s weekly chart is “slowly turning into a true thing of beauty.” He noted the significance of a painful yet critical retest of a key support level, which LINK has managed to hold firmly. This resilience is boosting confidence among investors and traders that the worst may be over for the altcoin.

Chainlink weekly chart looking strong | Source: Jelle on X

Jelle identified the first key target for LINK at $30, with expectations of new all-time highs following if bullish momentum sustains. For this to materialize, LINK must reclaim crucial levels to break the daily downtrend and establish a bullish structure.

The coming days are critical for Chainlink’s recovery. If LINK successfully holds its support and breaks above short-term resistance levels, it could trigger a rally that many investors are anticipating. A failure to maintain these levels, however, could lead to further consolidation or even a retest of recent lows. The market is watching closely as Chainlink attempts to chart its next big move.

Price Holds Strong: Key Levels To Watch

Chainlink (LINK) is trading at $20 after a volatile Monday, during which the price briefly broke down to the $17 mark before staging a swift recovery within hours. This dramatic rebound has reinvigorated bullish sentiment, with many investors speculating that LINK could be gearing up for its next major move.

LINK Testing crucial level around $20 | Source: LINKUSDT chart on TradingView

Bulls appear to have gained the upper hand, as the price now flirts with breaking above the $22 level. Successfully reclaiming this level would set the stage for a challenge of the $25 local high, a critical resistance point for LINK’s short-term price action. Analysts believe that flipping these levels into support could act as a springboard for a significant rally, potentially pushing LINK into higher territory.

However, the journey ahead remains uncertain. LINK needs to maintain its momentum to avoid falling back into bearish territory. A failure to break above $22 could result in renewed consolidation or a retest of lower support levels.

For now, all eyes are on Chainlink’s price action as it navigates this pivotal moment. A decisive breakout above the $25 mark could signal the start of a strong bullish trend, reigniting optimism among investors and setting the stage for further gains.

Featured image from Dall-E, chart from TradingView