Chainlink (LINK) Price Hits Another Brickwall Following 10% Fall
📉
Chainlink's (LINK) price has dropped 10% in three days, from $13.76 to $12.44, disappointing holders who saw a rise to $15 in July. The key factor is the fall in Realized Capitalization from 75.51 million to 11.14 million, indicating a shift from short-term holders to high conviction holders. Historically, this foreshadows a consolidation or further decline. LINK trades at $12.49, and increased tokens sent to exchanges imply a sell-off, potentially leading to downward pressure. The symmetrical triangle pattern suggests a pause, but a continuation of the trend could see LINK falling below $12, with a target around $11.04. The bearish momentum is also indicated by the negative MACD. Conversely, if bulls defend the $12 level, the price could bounce back toward $14.16.
Source: beincrypto.com ↗
Similar articles (121)
Is Chainlink Poised for a Breakout Above $13?
Chainlink (LINK) Could Drop To $8 If It Loses Current Support: On-Chain Data Reveals
Chainlink (LINK) Bullish Pattern Could Ignite A Breakout: Analyst Sets $15 Target
Is Chainlink (LINK) $12 Breakout Imminent? Data Reveals A Rising Open Interest
Chainlink: Market Panic Shaves 23% Off LINK Price – Details
Chainlink Price Set to Surge, but Analysts Believe This Coin Could Be the Next Big Thing
Chainlink Going Strong, On Track For $135 Surge By 2025 — Analyst
Chainlink At Risk: Key Indicators Signal Further Losses To $12
Is Chainlink (LINK) Sliding To $9? On-Chain Metrics Expose Weak Network Activity
Chainlink Signals Deeper Losses: Can Bulls Stage A Comeback?
Chainlink Holders Accumulating Amid CCIP Upgrade: Is A LINK Breakout Imminent?
Chainlink Comeback Soon? Data Shows LINK Continues To Leave Exchanges
Chainlink: The Investment Of A Lifetime? Analyst Thinks So
Chainlink Becomes The Talk Of Social Media: Will This Fuel A Rebound?
Bearish Altcoin Market: Is Chainlink’s Correction Ending?
These Chainlink Metrics Hit ATH, LINK Price Heading for A Rebound?
Chainlink (LINK) Traders Skeptical of Price Rebound Above $10
Chainlink Price Bearish Pattern Holds Despite Market Recovery—What’s Next?
Can Chainlink’s bullish indicators rekindle positive price action?
Chainlink: As bulls shy away, will LINK drop to $8?
Chainlink (LINK) Holds Steady as Market Activity Flattens
As Chainlink breaks $10.6, could $16.8 be next? Analysts weigh in!
Chainlink Faces Recovery Hurdles
Chainlink (LINK) Price Threatened by Bearish Trend, Indicator Shows
Chainlink (LINK) Traders See Gains as Daily Profit Ratio Surges
A 21% Rally in Chainlink Price Could Push $1.35B Investors Into Profit
Analyst: Chainlink Price on The Brink of 50% Jump with Investor Support
Chainlink’s next move: Why $12 could be around the corner
Chainlink (LINK) Price Eyes Bullish Rebound After Recent Dip
Chainlink Price Analysis: Can a Push for $16 Overcome Bearish Pressure?
Chainlink price prediction: Short-term dip ahead, but a trend shift seems likely
Chainlink hits 2024 lows: Should you buy discounted LINK?
LINK Price Prediction – Everything traders can expect in the short-term
Chainlink Partnership & Address Surge: A Bullish Sign for LINK Price or 20% Crash?
Is Chainlink Price Correction Done?
Chainlink Poised for Recovery: Market Signals Accumulation Opportunity Amid 27% Decline
Chainlink crashes through support: More pain ahead for LINK investors?
Can Chainlink hit $23? Why LINK’s breakout seems closer than ever
Chainlink Price Faces 18% Drop as Whales Eye These Buy Levels
Chainlink (LINK) Investors Unfazed by Market Instability, Refrain from Selling
Chainlink [LINK] poised for breakout? Here are the signs which say yes…!
Chainlink Price Set for 30% Comeback as New Data Stream Integrations Drive Growth
Chainlink (LINK) Bulls Return, Setting Stage for Extended Gains
Examining the odds of LINK’s price breaching $12 to hit new high
Why Chainlink (LINK) May Struggle to Deliver Gains This October
Chainlink (LINK) Breakout Imminent? Expert Insights
Chainlink faces bearish pressure: Is a drop to $8 inevitable?
Chainlink: Is a 40% surge just around the corner for LINK?
Chainlink: How 3 updates may help LINK push past $13 resistance
Chainlink Set for Potential Price Surge
Chainlink on the rise: Can LINK break $19 after latest milestone?
Chainlink’s LINK: Poised for a Breakout, Analysts Prediction
Chainlink (LINK) Could Fall by 20%, Key Levels to Watch
Chainlink nears breakout: Is LINK’s surge to $50 coming?
Chainlink Price Analysis: Is LINK Up for a 40% Surge Next?
Chainlink (LINK) Bears Gain Ground as $15 Moves Further Out of Reach
Chainlink Price Prediction: LINK Marines Prepared for a 25% Upswing to End the Monthly Trade
Chainlink (LINK) Poised for Potential Breakout as Chainlink Expands on Base Network
Chainlink breaks key levels: Is a bull run on the horizon?
Chainlink Price Fails To Hit $12! LINK To Retest $10 Before Reversal?
The Sleeping Giant Wakes Up: Chainlink (LINK) Price Eyes for a 20% Rise After the Latest Rebound
Chainlink (LINK) Price Up 10%, Yet These Factors Predict a Pullback
Chainlink (LINK) Shows Overbought Signals Following 40% Price Increase
Chainlink (LINK) Bears Tighten Grip Despite Bullish Signals
Chainlink (LINK) Tests Critical Support as Bulls Lose Momentum
Chainlink Experiences Significant Recovery
Chainlink Investors Brace for Potential Price Drop
600% Spike Puts Chainlink (LINK) Price on Track for Prolonged Uptrend
Chainlink (LINK) Price Held Back Despite Falling Selling Pressure
Here’s this analyst’s case for LINK’s price ‘bottoming out’ to rally soon
Will Chainlink Price Revisit $15 As Sonic Labs Integrates CCIP?
Why Chainlink Price Faces More Pain Amid Overvaluation Risks
Chainlink Price Set to Break 3-Month Downtrend: How High Can LINK Go?
Chainlink (LINK) Eyes $12 Support, but Risky Indicator Emerges
Why Chainlink Won’t Break $14 Anytime Soon
Chainlink (LINK) Price Remains Under the Radar Following Latest CCIP Integration
Chainlink’s bullish outlook? 3 factors point to a surge
Chainlink Price Plunges Amid Market Turmoil: Rebound or More Bearish Trends Ahead?
Chainlink (LINK) Price Attempt to Breakout Hindered by Major Obstacles
3 Reasons Chainlink (LINK) Price Could Fall to Single Digits
Chainlink’s Bearish Trends Intensify: 2 Key Indicators Signal Further Declines
Chainlink (LINK) Price’s 37% Rally Delayed Until Key Indicator Exhibits a Squeeze
Chainlink Price Recovery: Is There Potential for a Climb to $20?
3 Alarming Red Flags Signal Chainlink (LINK) Price Decline
Chainlink’s $22 potential: Why this analyst sees big gains for LINK
Crypto Analyst Calls Chainlink An Opportunity of Lifetime: Here Is Why
LINK Poised for 13% Decline, Here’s What’s Happening
Crypto News Today : Chainlink Set to Explode, What’s Driving LINK Price Up?
Chainlink (LINK) Price Prediction: Key Indicators Hints at $12 Rebound
Chainlink (LINK) Eyes 50% Surge as Bullish Momentum Builds
Chainlink Price Eyes $20 Amid Bullish Market Recovery Signals; More Gains Ahead?
Chainlink eyes breakout: Social dominance surges amid reversal signs
Is LINK’s price reversal in sight? Historical UDPI levels mean…
Chainlink shows bullish signs – Will LINK face a major rally soon?
Chainlink (LINK) Hype Might Be Overrated, $8 Still in Sight
Chainlink price prediction – Here’s what a rally on LINK’s charts will look like
Chainlink (LINK) Double Breakout, Buy Signal or What?
Chainlink Eyes 21% Rally as Selling Fear Falls to 16-Month Lows
LINK Price Analysis: Key Levels at $13.10 and $15 After Recent Breakout
Why Chainlink price could soar 20% – Bullish breakout spotted!
Chainlink Price Plumments: Is It Time to Buy the Dip Now?
Chainlink Price Plunges 13% A Week: Will the Bearish Trend Continue?
Chainlink Price Poised for Breakout, Eyeing 50% Surge: Will Market Sentiment Hold?
‘Smart money’ flocks to Chainlink — Is $20 within reach for LINK now?
Tracking Chainlink’s recovery: Key support holds as traders stay bullish
Chainlink Shows Significant Recovery and Investor Optimism
Investors Struggle as Chainlink Faces Price Decline
Chainlink Faces Challenges in Recovering from Recent Losses
Chainlink Price Rebounds: Surge in Network Activity Hints at Potential Recovery
Chainlink Price Analysis: Whales Strategically Place Buy Orders Between $8 and $9 Amid Potential 18% Drop
Expert Predicts Chainlink (LINK) and These 2 Altcoins to Defy Market Failure Trends
Chainlink (LINK) Presents Great Buy Opportunity Amid Market Downturn
Chainlink [LINK] Bears Eye $8 Target Amid Persistent Selling Pressure
Chainlink Price Rebounds 12% Amid Key Integrations with Synthetix and Beefy Finance, Eyes 30% Upside
Chainlink (LINK) Faces Bearish Trend Despite Buying Pressure: Key Support Levels to Watch
Chainlink’s Recent Surge Suggests Potential for Continued Growth Amid Bitcoin Market Consolidation
Chainlink (LINK) Set to Reclaim $12.10 Amid Increasing Long-Term Holder Confidence
Chainlink (LINK) Price Surge: Is a Breakthrough to $12 on the Horizon?
Chainlink [LINK] Plummets 38% This Week: Breaking Major Support Levels, Future Outlook Uncertain
Chainlink (LINK) Poised for Bullish Rebound as Key Support Levels Hold Strong
Chainlink (LINK) Social Media Buzz Hits 2024 High: Could a Price Recovery Be on the Horizon?
