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Chainlink price

Chainlink priceLINK

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Price of Chainlink today

The live price of Chainlink is $15.41 per (LINK / USD) today with a current market cap of $9.83B USD. The 24-hour trading volume is $586.84M USD. LINK to USD price is updated in real time. Chainlink is -0.15% in the last 24 hours. It has a circulating supply of 638,100,000 .

What is the highest price of LINK?

LINK has an all-time high (ATH) of $52.88, recorded on 2021-05-10.

What is the lowest price of LINK?

LINK has an all-time low (ATL) of $0.1263, recorded on 2017-09-23.
Calculate Chainlink profit

Chainlink price prediction

When is a good time to buy LINK? Should I buy or sell LINK now?

When deciding whether to buy or sell LINK, you must first consider your own trading strategy. The trading activity of long-term traders and short-term traders will also be different. The Bitget LINK technical analysis can provide you with a reference for trading.
According to the LINK 4h technical analysis, the trading signal is Sell.
According to the LINK 1d technical analysis, the trading signal is Sell.
According to the LINK 1w technical analysis, the trading signal is Sell.

What will the price of LINK be in 2026?

Based on LINK's historical price performance prediction model, the price of LINK is projected to reach $15.83 in 2026.

What will the price of LINK be in 2031?

In 2031, the LINK price is expected to change by 0.00%. By the end of 2031, the LINK price is projected to reach $28.49, with a cumulative ROI of +87.35%.

Chainlink price history (USD)

The price of Chainlink is -21.63% over the last year. The highest price of LINK in USD in the last year was $30.81 and the lowest price of LINK in USD in the last year was $8.14.
TimePrice change (%)Price change (%)Lowest priceThe lowest price of {0} in the corresponding time period.Highest price Highest price
24h-0.15%$14.72$15.74
7d-14.99%$14.72$19.02
30d-34.90%$14.72$26.26
90d-15.34%$14.16$30.81
1y-21.63%$8.14$30.81
All-time+9748.74%$0.1263(2017-09-23, 7 years ago )$52.88(2021-05-10, 3 years ago )

Chainlink market information

Chainlink's market cap history

Market cap
$9,833,499,640.19
Fully diluted market cap
$15,410,594,100.5
Market rankings
ICO price
$0.1091 ICO details
Buy Chainlink now

Chainlink market

  • #
  • Pair
  • Type
  • Price
  • 24h volume
  • Action
  • 1
  • LINK/USDT
  • Spot
  • 15.27
  • $6.23M
  • Trade
  • 2
  • LINK/USDC
  • Spot
  • 15.28
  • $74.72K
  • Trade
  • 3
  • LINK/EUR
  • Spot
  • 14.67
  • $52.04K
  • Trade
  • 4
  • LINK/BTC
  • Spot
  • 0.000179
  • $48.68K
  • Trade
  • Chainlink holdings

    Chainlink holdings distribution matrix

  • Balance (LINK)
  • Addresses
  • % Addresses (Total)
  • Amount (LINK|USD)
  • % Coin (Total)
  • 0-1 LINK
  • 225.53K
  • 31.24%
  • 43.73K LINK
    $664.73K
  • 0.00%
  • 1-10 LINK
  • 178.97K
  • 24.79%
  • 693.79K LINK
    $10.55M
  • 0.07%
  • 10-100 LINK
  • 185.55K
  • 25.70%
  • 7.08M LINK
    $107.68M
  • 0.71%
  • 100-1000 LINK
  • 106.07K
  • 14.69%
  • 31.79M LINK
    $483.2M
  • 3.18%
  • 1000-10000 LINK
  • 22.36K
  • 3.10%
  • 57.01M LINK
    $866.5M
  • 5.70%
  • 10000-100000 LINK
  • 2.87K
  • 0.40%
  • 72.47M LINK
    $1.1B
  • 7.25%
  • 100000-1000000 LINK
  • 579
  • 0.08%
  • 157.92M LINK
    $2.4B
  • 15.79%
  • 1000000-10000000 LINK
  • 83
  • 0.01%
  • 191.65M LINK
    $2.91B
  • 19.16%
  • 10000000-100000000 LINK
  • 18
  • 0.00%
  • 481.36M LINK
    $7.32B
  • 48.13%
  • >100000000 LINK
  • 0
  • 0.00%
  • 0 LINK
    $0
  • 0.00%
  • Chainlink holdings by concentration

    Whales
    Investors
    Retail

    Chainlink addresses by time held

    Holders
    Cruisers
    Traders
    Live coinInfo.name (12) price chart
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    Chainlink ratings

    Average ratings from the community
    4.6
    100 ratings
    This content is for informational purposes only.

    About Chainlink (LINK)

    What Is Chainlink?

    Chainlink (LINK) is an open-source blockchain platform that acts as a decentralized oracle network. While blockchain offers a secure way to store and access data, its self-contained nature limits its real-life applications, restricting data usability to the specific chain where it is stored. However, blockchain oracles, such as Chainlink, bridge this gap by connecting data from various external sources to the blockchain, opening up a plethora of real-world possibilities.

    The key strength of Chainlink lies in its decentralized network, which ensures the security and trustworthiness of the data and computations it provides. Unlike centralized networks that are susceptible to a single point of weakness, Chainlink's decentralized nature eliminates this vulnerability, making it a more reliable option for feeding off-chain data to blockchains.

    Chainlink was founded in 2017 by the exceptional team of Sergey Nazarov and Steve Ellis. Remarkably accomplished in the blockchain field, they had previously been involved in creating noteworthy projects and organizations, such as SmartContract.com and Secure Asset Exchange. Adding to its impressive foundation, Chainlink boasts strategic advisors of immense stature, including former Google CEO Eric Schmidt, former LinkedIn CEO Jeff Weiner, and DocuSign co-founder Tom Gonser. With such an outstanding team backing it, it comes as no surprise that Chainlink has emerged as the leading oracle in the market.

    Resources

    Whitepaper: https://research.chain.link/whitepaper-v2.pdf?_ga=2.235413057.1176473433.1660636870-1920701428.1660274017

    Official website: https://chain.link/

    How does Chainlink work?

    When a blockchain utilizing Chainlink's oracle service requires off-chain data, it initiates a Requesting Contract. Upon receiving this request, Chainlink generates a Service Level Agreement Contract (SLA Contract), which triggers the creation of three sub-contracts:

    - Reputation Contract: This contract verifies the performance of data providers and eliminates those with unfavorable track records, ensuring data quality and reliability.

    - Order-Matching Contract: Responsible for matching the requirements of the Requesting Contract with the appropriate nodes, ensuring that the data is sourced efficiently and accurately.

    - Aggregating Contract: This contract collects, validates, and reconciles data from the selected nodes, ensuring consistency and correctness of the data.

    Ultimately, the data processed by the SLA Contract is delivered to the requesting blockchain, enabling seamless integration of off-chain information into the blockchain's operations.

    What is the LINK token?

    Chainlink operates on its native utility token called LINK. LINK plays a vital role within the Chainlink ecosystem. Node operators, who provide data to the network, are rewarded with LINK tokens for their services. On the other hand, developers who want to access external data using Chainlink oracles pay for these services with LINK tokens. This design incentivizes participation from both node operators and developers, ensuring the network's sustainability and liquidity.

    Use Cases of Chainlink

    - Decentralized Finance (DeFi): Chainlink plays a crucial role in providing reliable price feeds for DeFi platforms, enabling secure lending, stablecoins, and other financial products.

    - Gaming: Chainlink facilitates the integration of blockchain games with real-world data, enhancing gameplay and enabling novel in-game experiences.

    - Supply Chain Management: By connecting smart contracts to real-world supply chain data, Chainlink ensures transparency, accuracy, and efficiency in supply chain management.

    - Insurance: Smart contracts can leverage Chainlink oracles to access external data and trigger insurance payouts automatically based on predefined events.

    What Determines Chainlink's Price?

    The price of Chainlink (LINK), a leading decentralized oracle network in the cryptocurrency space, is influenced by a myriad of factors that range from market demand to its integral role in smart contract functionality. One of the primary drivers of Chainlink's value is its utility in connecting smart contracts with real-world data, a feature that is foundational for decentralized applications (dApps) in sectors like decentralized finance (DeFi) and on-chain gaming.

    Chainlink's price today is also shaped by its economic model and the broader trends in the blockchain and cryptocurrency markets. As the Chainlink ecosystem expands its offerings and adoption grows, the demand for LINK tokens is expected to rise, potentially leading to a favorable Chainlink price prediction for 2023 and beyond. Moreover, the Chainlink chart often reflects the project's continuous innovations and partnerships, which are regularly covered in Chainlink news. Factors such as network upgrades, Chainlink's market cap, and its comparison with other cryptocurrencies like Bitcoin also play a significant role in determining the current Chainlink price in USD. Investors often rely on Chainlink price history charts and Chainlink price forecasts to develop their Chainlink trading strategies.

    Localized factors can also impact Chainlink's price. For instance, regulatory news and adoption rates can affect the Chainlink price in specific countries, influencing how to Buy or sell Chainlink in those regions. Overall, Chainlink's price is a result of its utility, demand, and market sentiment, making it a subject of interest for both short-term traders and long-term investors who often ask: "Is Chainlink a good investment?" or "How high will Chainlink go?"

    Tthe future of Chainlink looks promising given its pivotal role in the blockchain ecosystem. Its price is determined by its utility in smart contracts, demand for its services, and its economic model, among other factors. Whether you're considering Chainlink as a potential investment or are simply curious about its prospects, keeping an eye on these influencing elements can offer valuable insights.

    Conclusion

    Chainlink's innovative approach to decentralized oracles has significantly contributed to the growth and maturity of the blockchain ecosystem. By addressing the need for secure and reliable data feeds for smart contracts, Chainlink opens up new possibilities for blockchain technology across various industries. It's important to note that like any other cryptocurrencies, Chainlink carries its own risks and it's always wise to do your own research and exercise caution while investing.

    Related Articles about Chainlink

    Chainlink (LINK) Introduction

    Chainlink Social Data

    In the last 24 hours, the social media sentiment score for Chainlink was 3.1, and the social media sentiment towards Chainlink price trend was Bullish. The overall Chainlink social media score was 5,426,393, which ranks 25 among all cryptocurrencies.

    According to LunarCrush, in the last 24 hours, cryptocurrencies were mentioned on social media a total of 1,058,120 times, with Chainlink being mentioned with a frequency ratio of 0.12%, ranking 24 among all cryptocurrencies.

    In the last 24 hours, there were a total of 3,058 unique users discussing Chainlink, with a total of Chainlink mentions of 1,315. However, compared to the previous 24-hour period, the number of unique users increase by 9%, and the total number of mentions has increase by 19%.

    On Twitter, there were a total of 83 tweets mentioning Chainlink in the last 24 hours. Among them, 12% are bullish on Chainlink, 2% are bearish on Chainlink, and 86% are neutral on Chainlink.

    On Reddit, there were 195 posts mentioning Chainlink in the last 24 hours. Compared to the previous 24-hour period, the number of mentions decrease by 11% .

    All social overview

    Average sentiment (24h)
    3.1
    Social media score (24h)
    5.43M(#25)
    Social contributors (24h)
    3.06K
    +9%
    Social media mentions (24h)
    1.31K(#24)
    +19%
    Social media dominance (24h)
    0.12%
    X
    X posts (24h)
    83
    +822%
    X sentiment (24h)
    Bullish
    12%
    Neutral
    86%
    Bearish
    2%
    Reddit
    Reddit score (24h)
    619
    Reddit posts (24h)
    195
    -11%
    Reddit comments (24h)
    0
    0%

    How to buy Chainlink(LINK)

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    Buy Chainlink (LINK)

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    Trade LINK perpetual futures

    After having successfully signed up on Bitget and purchased USDT or LINK tokens, you can start trading derivatives, including LINK futures and margin trading to increase your income.

    The current price of LINK is $15.41, with a 24h price change of -0.15%. Traders can profit by either going long or short onLINK futures.

    LINK futures trading guide

    Join LINK copy trading by following elite traders.

    After signing up on Bitget and successfully buying USDT or LINK tokens, you can also start copy trading by following elite traders.

    Chainlink news

    ETHDenver: Donald Trump Jr. Champions DeFi Revolution, Unveils World Liberty Finance’s Vision to Democratize Finance
    ETHDenver: Donald Trump Jr. Champions DeFi Revolution, Unveils World Liberty Finance’s Vision to Democratize Finance

    In his address, Trump Jr painted a picture of a financial future where decentralized finance (DeFi) and traditional finance (TradFi) converge to create a unified system that democratizes access to liquidity for all.

    CryptoNews2025-02-27 11:00
    What Crypto Whales Are Buying After the Market Crash?
    What Crypto Whales Are Buying After the Market Crash?

    Whales are buying FET, LINK, and WLD amid price drops, indicating strategic accumulation and potential market recovery.

    BeInCrypto2025-02-26 16:30
    610,000 LINK Moved in a Day — Will THIS Derail Chainlink Price Breakout?
    610,000 LINK Moved in a Day — Will THIS Derail Chainlink Price Breakout?

    610,000 LINK have been moved to crypto exchanges in the past 24 hours, signaling increased selling pressure. LINK’s downtrend from 2021 has finally been broken, and price is holding strong above it. LINK is retesting both the downtrend support and the 21EMA on the monthly.

    TheCoinRepublic2025-02-26 13:21
    More Chainlink updates

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    FAQ

    How is Chainlink different from other Oracle solutions?

    Chainlink is unique in its decentralized approach to oracles. While traditional oracles operate on a centralized basis, Chainlink aims to solve the "oracle problem" by creating a network of multiple independent nodes that can provide a more secure and tamper-proof data source for smart contracts. Chainlink also allows for data aggregation from multiple sources, improving the accuracy and reliability of the data being supplied.

    What blockchains are supported by Chainlink?

    Chainlink initially launched on Ethereum but has since expanded to support multiple blockchains, including BNB Chain, Polygon (Matic), Avalanche, Fantom, Arbitrum and Optimism. This makes it more versatile and interoperable, allowing developers across different blockchain ecosystems to integrate real-world data into their smart contracts.

    Why is Chainlink considered valuable?

    Chainlink is considered valuable for several key reasons: - Problem-Solving Utility: Chainlink aims to solve a significant problem in the blockchain ecosystem known as the "oracle problem." Traditional smart contracts on blockchain platforms like Ethereum are self-contained and cannot access external data. Chainlink's decentralized oracles provide a bridge between off-chain data sources and on-chain smart contracts, allowing them to be far more useful and versatile. - Decentralization: The decentralized nature of Chainlink's oracles reduces the risk of data manipulation, making it a more secure and reliable solution compared to centralized oracles. This is especially vital for financial services, supply chain management, and other sectors where data integrity is crucial. - Growing Ecosystem: Chainlink has formed partnerships with various enterprises, DeFi projects, and blockchain platforms. Each new partnership not only increases the utility of the Chainlink network but also potentially adds to its value. - Network Effects: As more projects use Chainlink's services, it increases the demand for LINK tokens, which are used to pay for data retrieval and incentivize node operators. This could create a virtuous cycle where increased demand benefits both the Chainlink network and the value of the LINK token. - Developer Activity: A strong and active developer community is often seen as a sign of a project's long-term potential. Chainlink has a very active developer community, and its protocols are often updated with new features and improvements, indicating sustained interest and continuous growth.

    Is Chainlink's price correlated with other cryptocurrencies?

    Generally, Chainlink's price has some level of correlation with the broader cryptocurrency market, particularly with market leaders like Bitcoin and Ethereum. However, there are nuances: - Market-wide Trends: Chainlink, like many other cryptocurrencies, often moves in correlation with the larger cryptocurrency market. This is especially true for market leaders like Bitcoin and Ethereum. When these currencies experience volatility, Chainlink and other altcoins often follow suit. - Event-driven Movements: Specific events, such as partnership announcements or technological updates related to Chainlink, can cause its price to move independently of broader market trends. - Risk Sentiment: Chainlink, being an altcoin, is often considered riskier than established coins like Bitcoin and Ethereum. In bullish markets, this means Chainlink might experience more significant gains, but it could also suffer more considerable losses in bearish conditions. - Niche Specificity: Chainlink serves a specific niche within blockchain for decentralized oracles. This means it could potentially react differently to news or developments that are particularly relevant to its niche, regardless of what is happening in the broader crypto market.

    Is Chainlink a good investment?

    Chainlink shows promise as an investment for several reasons. First, it addresses a critical need in the blockchain ecosystem by providing decentralized oracles, which act as bridges between on-chain and off-chain data. This unique functionality has made Chainlink a vital component in the rapidly growing DeFi (Decentralized Finance) sector. The platform has already established partnerships with major players in the crypto world, such as AAVE, Synthetic, and Compound, and even has a strategic partnership with Google. Chainlink's technology is blockchain-agnostic, meaning it can work with any blockchain network, further expanding its potential market. The project is led by a reputable team and has a clear roadmap, including the introduction of staking to incentivize network participation. However, it's essential to consider the risks and potential downsides. Chainlink's token currently has speculative value, as its staking platform is not yet online. The project's success is heavily dependent on its utility and adoption by enterprises, which is not guaranteed. There's also the possibility that enterprises might opt for private solutions instead of Chainlink, limiting its growth potential. Despite these concerns, Chainlink's unique value proposition, its role in the expanding DeFi and NFT markets, and its potential for broader adoption in a future blockchain-powered economy make it an intriguing investment option for those bullish on blockchain technology.

    Can Chainlink hit US$100 value?

    There is a general sense of optimism that Chainlink (LINK) could potentially reach a US$100 value in the future. Factors such as its role in decentralized finance (DeFi), strategic partnerships, and its utility in linking real-world data to blockchain smart contracts are all seen as positive price drivers. Based on various expert predictions, the price of Chainlink could rise to US$10 by the end of 2023 and even reach up to US$100 in just a few years. However, it's essential to remember that the crypto market is highly volatile. Price predictions are speculative and should be approached with caution.

    What is the current price of Chainlink?

    The live price of Chainlink is $15.41 per (LINK/USD) with a current market cap of $9,833,499,640.19 USD. Chainlink's value undergoes frequent fluctuations due to the continuous 24/7 activity in the crypto market. Chainlink's current price in real-time and its historical data is available on Bitget.

    What is the 24 hour trading volume of Chainlink?

    Over the last 24 hours, the trading volume of Chainlink is $586.84M.

    What is the all-time high of Chainlink?

    The all-time high of Chainlink is $52.88. This all-time high is highest price for Chainlink since it was launched.

    Can I buy Chainlink on Bitget?

    Yes, Chainlink is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy Chainlink guide.

    Can I get a steady income from investing in Chainlink?

    Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.

    Where can I buy Chainlink with the lowest fee?

    Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders. You can trade on the Bitget exchange.

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    Cryptocurrency investments, including buying Chainlink online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy Chainlink, and we try our best to fully inform our users about each cryptocurrency we offer on the exchange. However, we are not responsible for the results that may arise from your Chainlink purchase. This page and any information included are not an endorsement of any particular cryptocurrency. Any price and other information on this page is collected from the public internet and can not be consider as an offer from Bitget.

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    Bitget Insights

    Miles_Bitget
    Miles_Bitget
    17h
    $LINK is primed for a pump. I’m seeing a classic head-and-shoulders pattern unfolding on the chart, signaling a potential reversal after this consolidation phase. If ChainLink holds firm at this current low level—around $14.77—it could set the stage for a strong rebound. Targeting a move back to its previous highs near $28, or even a push toward new all-time highs if momentum builds. Keep a close watch: a further low could invalidate the bullish setup and open the door to further downside. But for now, the setup looks promising—stay tuned! 🚀 #ChainLink #LINK #CryptoAnalysis
    LINK+0.13%
    MOVE+0.06%
    MR__Michael
    MR__Michael
    19h
    75k soon big drop is coming because of huge selling pressure buy Ethereum and alt top 20 coin $ETH $ICP $DOT $SHIB $LINK
    LINK+0.13%
    DOT+6.68%
    Coinedition
    Coinedition
    20h
    Altcoin Purge: Can Crypto ETFs Save Strong Projects from Market Crash?
    The cryptocurrency market is changing a lot in 2025, different from the previous times of huge growth. After years of overall market rallies, the time when almost every altcoin surged, may be ending. Industry experts, like Ki Young Ju, CEO of CryptoQuant, predict that most altcoins could disappear in the coming months. The key to survival then will be to prove they are financially sound and have institutional investor backing. That in the current market situation is what would churn out projects that do well from those that fade away. The crypto market is now in what some analysts are calling a “purge” phase. Market corrections are causing the liquidation of too many leveraged positions. About 24% of the 200 largest cryptocurrencies have just reached their lowest prices of the year, showing that the bubble of risky growth is shrinking. Related: Altcoin Season Watch: Bitcoin Dominance Holds, But Breakout Signals Flash Juan Pellicer, senior analyst at IntoTheBlock, notes that this correction is normal for the market’s cycle. Many altcoins, like Solana, have seen major sell-offs, showing this common trend. For investors, this time might be a chance to buy back in at lower prices. However, it could also be a sign that the market is starting to tell the difference between good projects and those that are less likely to succeed. During this market shake-up, there are a few altcoins that are primed to benefit from emerging opportunities, especially crypto exchange-traded funds (ETFs). Seven major cryptocurrencies are waiting for approval from U.S. regulators for ETF listings: If their requests are approved, these assets could attract large institutional investment, giving them a much-needed boost. Still, ETF approval is just one part. Related: Altcoin Watchlist: SUI, INJ, LINK, ONDO, OM – Which Will Lead the Crypto Bull Run Starting Next Week? The basic economic strength of each project and user involvement will also be very important in deciding which cryptocurrencies can stay relevant. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
    UP-1.09%
    ONDO-0.21%
    Berserker_09
    Berserker_09
    21h
    Is Chainlink (LINK) Poised for a Comeback? 3 Reasons for a 2025 Bull Run
    Chainlink’s $LINK price has seen a significant downturn, continuing a decline that began after reaching a multi-year high of $30.78 in December. The altcoin fell to $17.4, marking a 43% drop from its peak, in line with a broader market pullback among cryptocurrencies. Despite the downturn, Three critical factors that could fuel a price recovery for LINK in 2025. These include investor sentiment, Chainlink’s dominance in the Oracle industry, and strong technical indicators supporting a potential rebound. Chainlink Holders Show Confidence Amid Price Drop On-chain data indicates that many Chainlink holders are choosing not to sell their holdings, suggesting a bullish long-term outlook. CoinGlass data shows that LINK balances on centralized exchanges have dropped to 138.8 million, the lowest level since September. This decline from 160 million in December signals that investors are moving tokens into self-custody, reducing immediate selling pressure. Market optimism is also linked to speculation about regulatory developments. Analysts anticipate that the Securities and Exchange Commission (SEC) could approve a spot LINK exchange-traded fund (ETF) later this year. If approved, such a fund would attract institutional inflows, increasing demand and potentially pushing LINK’s price higher. Chainlink continues to dominate the Oracle network sector, securing a total value of $35 billion across its services. Competing projects such as Chronicle, Pyth, and RedStone lag significantly behind, reinforcing LINK’s market leadership. The project’s cross-chain interoperability protocol (CCIP) plays a crucial role in the tokenization of real-world assets, offering seamless connectivity across multiple blockchain networks.The growing adoption of CCIP strengthens Chainlink’s role in decentralized finance (DeFi) and institutional blockchain solutions. LINK Tests Key Support as Technicals Show Signs of Stabilization Chainlink’s price action has turned volatile, with the token testing a crucial accumulation zone between $14.50 and $15.50. Despite a sharp 43% decline since November 2024, LINK has managed to stay above its 100-week Exponential Moving Average (EMA), offering hope for a potential rebound. Technical indicators suggest oversold conditions, with the Relative Strength Index (RSI) dropping to 29.60. Analysts believe this could lead to a short-term recovery if buying pressure increases, and LINK could potentially hit $50. The price recently dipped below the key support zone but has shown signs of stabilization, indicating possible accumulation by investors. If LINK holds this range, a move toward the 200-day EMA at $18.09 and the 50-day EMA at $19.78 is possible. A further push could take the token to $21.72, aligning with historical resistance levels. However, failure to maintain support could expose LINK to deeper losses. Chainlink’s current price action aligns with a broader market downtrend, adding to uncertainty. Meanwhile, on-chain data reveals that nearly 610,000 LINK tokens were moved to exchanges within the last 24 hours, signaling increased selling pressure from large holders. If this trend continues, LINK could face additional downside risks. Despite the bearish sentiment, technical patterns suggest a possible bullish breakout if LINK rebounds. Investors are closely watching for volume confirmation to determine whether the market is entering a reversal phase or continuing its decline.
    LINK+0.13%
    FUEL-3.62%
    Cryptofrontnews
    Cryptofrontnews
    22h
    Chainlink (LINK) Flashes Buy Signal as TD Sequential Hints at Trend Reversal
    Chainlink is trading in a possible reversal point after a lengthy downtrend. The TD Sequential on a daily time scale displayed a red “9” signal, which is a signal of possible exhaustion of selling. The traders are closely monitoring major support and resistance levels in anticipation of direction. Crypto analyst Ali_charts indicated TD Sequential flashed a buy signal on a daily time scale. The signal is typically the end of a downtrend, which can result in a bounce in price. The current pattern of a small-bodied doji is a signal of uncertainty in the market. LINK recently broke down below $15.00, but bounced back quickly, which is a sign of buying support on lower levels. #Chainlink $LINK appears ready for a rebound as the TD Sequential indicator flashes a buy signal on the daily chart! pic.twitter.com/SabLzw9QGA The current price is now testing a support of between $14.00 and $14.50. If this support is upheld, its subsequent resistance is in levels of $16.00 – $16.40. A breakout above this band can send LINK towards upper levels, while a breakdown can lead to downward movements. LINK broke down below a declining trendline, confirming a bearish trend. The price is now testing the 800 Exponential Moving Average of around $14.34. This is a classically firm support point. If LINK is maintained above this EMA, it can potentially trend towards the $17.50 resistance. Resistance is due at $16.40, a point of historical breakdown. If LINK trades below $14.34, further downward movement towards $12.00 – $13.00 is possible. The market players are monitoring these levels for trading opportunities. Stochastic RSI is currently in an oversold situation between 5.45 (blue) and 13.42 (orange). The occurrence of an upward crossover above 20 can be an indication of mounting buying pressure. The market value of ChainLink (LINK), as of writing, stood at $15.49 , a 5.55% increase in the last 24 hours but a 14.16% drop in seven days. DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
    MAJOR+3.00%
    LINK+0.13%

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    A selection of the top 8 cryptocurrencies by market cap.
    Comparable market cap
    Among all Bitget assets, these 8 are the closest to Chainlink in market cap.