Chainlink (LINK) has been struggling in recent days, with its price experiencing a significant drop, signaling potential further downside in the short term. Following a 12% price decrease, the cryptocurrency has lost crucial support levels, which is raising concerns among investors and traders alike.
Bitcoin's sharp recovery is proof that dip buyers remain active at lower levels. Will altcoins follow?
The crypto market suffered a further decline in early trading, with the market cap declining by nearly 3% and settling at $2.84 trillion. Bitcoin (BTC) and other cryptocurrencies registered substantial declines, with fears of a further decline driving investors to safe-haven assets.
Chainlink (LINK) has recently been caught in a whirlwind of market activity, with significant movement and selling pressure influencing its price. Over the past few days, 610,000 LINK tokens were transferred to exchanges, causing heightened volatility and signaling potential bearish trends in the near future.
LINK faced increased selling pressure as 610,000 tokens move to exchanges, impacting price trends, volatility, and holder positions.
The broader digital currency ecosystem is still undergoing massive bearish consolidation, with Chainlink (LINK) price also in the spotlight. At the time of writing, LINK price was changing hands for $15.41, up marginally by 0.17% in the past 24 hours.
Bitcoin appears on the verge of losing the $85,000 level, which could trigger a cascading liquidation event. Will bulls show up to buy the dip and defend a critical support level?
The recent crypto market downturn has seriously affected tokens and is still enforcing turbulence. Its clear representation is the 30% crash in Chainlink (LINK) price.
Chainlink (LINK) continues to face significant challenges, with bearish pressure dominating the altcoin market. The recent decline in the broader crypto market, partially triggered by a $1.5 billion theft at Bybit, has further compounded LINK's struggles.
The overall cryptocurrency market appears bearish. Amid this, some investors saw an opportunity and accumulated tokens, while others panicked and sold their holdings.
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.
The crypto market plunged into the red, shaving off over $230 billion after President Donald Trump announced that tariffs on Canada and Mexico would be effective in March. As a result, market sentiment sank to extreme fear, with cryptocurrencies registering significant losses.
As Bitcoin slipped below $95.5k on Monday, Chainlink followed with a 7% decline, testing crucial support at $16. Despite decreased whale activity, LINK maintains strong development metrics.
Bitcoin price is at risk of falling from its current trading range and exploring new lows under $90,000. Can bulls turn the tide?
The price of Chainlink continues to face challenges amid the bearish pressure in the altcoin market, which has been triggered by a $1.5 billion theft at Bybit. Despite attempts by buyers to reverse the current downward trend, bearish forces dominate, pushing the price toward lower Fibonacci levels.
Stablecoin interoperability is becoming a major driving force for developers seeking to ease the cost and settlement burden of transactions.
The launch of Super USDT could significantly enhance liquidity and interoperability across blockchain networks, fostering a more unified DeFi ecosystem. The post Chainlink, Hyperlane, and Velodrome launch Super USDT to unify stablecoin liquidity across OP Superchain appeared first on Crypto Briefing.
Chainlink (LINK) is proving to be remarkably resilient in a challenging market. The digital asset stays at about $16.64, but recently its network reached a noteworthy milestone when 2,298 new addresses entered the ecosystem, signifying the most major increase since January.
Although the cryptocurrency market rally has stalled, the long-term outlook remains bullish, with analysts anticipating sustained gains for assets such as Bitcoin (BTC).
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.
Chainlink price has crashed this year, continuing a trend that started in December when it peaked at a multi-year high of $30.78. Chainlink (LINK) dived to $17.4 on Saturday, down by 43% from its highest level in December.
Bitcoin is showing signs of strength by rallying within a hair of $100,000. Which altcoins will follow?
Chainlink (LINK) is flashing bearish signals as it forms a pennant pattern, hinting at a potential continuation of its downward trajectory. After struggling to gain bullish momentum, the price remains in consolidation, with sellers keeping a tight grip on the market.
The US-based crypto advocacy group Blockchain Association achieves a milestone by adding 16 prominent web3 projects, bringing total membership close to 100.
A widely followed crypto analyst says that decentralized oracle network Chainlink (LINK) is gearing up for a massive breakout. In a new strategy session, pseudonymous crypto trader Inmortal tells his 229,400 followers on the social media platform X that LINK may increase by more than 194% its current value by early next year.
Chainlink (LINK) has been showing promising signs of resilience, especially in comparison to many of its high-cap counterparts. The digital asset recently dipped to $17.30 but has avoided a deeper correction, positioning it well for a possible rebound.
The altcoin recovery in the broader digital currency ecosystem is underway, and Chainlink (LINK) is riding the train high. Over the past 24 hours, Chainlink has flipped Stellar (XLM) in market cap rankings to reenter the top 10 list of the most capitalized coins.
Over the past month, Chainlink (LINK) has struggled under the weight of a bearish market sentiment. The asset has experienced a steady decline in value, with its price slipping below key support levels.
Unlike its rivals, LINK has avoided deeper correction, giving it an added advantage.
Bitcoin remains stuck inside the range, with no clear indication of a price breakout or breakdown.
Despite a decline, LINK whales have continued their accumulation spree.
Chainlink price is on the verge of a major bullish reversal after its Market Value to Realized Value (MVRV) ratio flipped negative. Historical trends indicate that this decline precedes a run-up that could lead to a 312% rally.
Decentralized oracle network Chainlink has dropped nearly 40% over the past month, leaving investors wondering if a rebound might be on the horizon.
On-chain data shows that Chainlink whales have accumulated more than $20 million worth of $LINK in the past 24 hours, thus currently holding 191M tokens.
Chainlink (LINK) started the week on a bullish note as DeFi tokens stole the show amidst LIBRA-driven pessimism in the meme token sector. The altcoin hovers at $18 after significant volatility in the past 24 hours. Notably, LINK failed to overcome the key resistance at $20 again.
Chainlink (LINK) has been facing a tough market environment recently, with the token experiencing a significant drop in price. Despite this, investor interest, particularly from whales, continues to persist.
Chainlink's short-term outlook remains cautious due to bearish momentum, but long-term prospects remain strong.
Chainlink (LINK) has become one of the standout players in the cryptocurrency market, attracting the attention of investors and developers worldwide. Known for its unique functionality as a decentralized oracle network, Chainlink plays an essential role in connecting smart contracts with real-world data.
Despite a notable price drop in recent days, LINK, the native token of Chainlink, remains in the sights of investors and whales. Today, February 18, 2025, a prominent crypto expert posted on X (formerly Twitter) that, amid the recent decline, crypto whales have purchased over 1.10 million LINK tokens in the past 24 hours.
The crypto market is showing mixed signals, causing some altcoins to climb while others experience declines. However, certain altcoins are catching investors' attention due to recent developments surrounding the tokens.
Bitcoin (BTC) registered a drop late on Monday, falling from $97,000 to $95,243 before rebounding and settling just above $96,000. The flagship cryptocurrency registered another slump during the current session, falling to a low of $95,189 before recovering and moving to its current level.
Chainlink's price has entered a multi-week correction after reaching $30 in December, falling 29% since Trump's inauguration despite expectations of crypto-friendly policies, with analysts predicting further volatility ahead.
Chainlink (LINK) has recently experienced a significant drop in volatility, now sitting at 80.47%, a decrease that has drives interest in the cryptocurrency community. Historically, volatility often plays a key role in predicting future price movements in the crypto market, and the sharp decline in LINK's price fluctuations could be the calm before the storm.
The cryptocurrency market remains volatile as the Ethereum price hovers around $2,700, facing resistance in its upward movement. The broader market has struggled to regain strength, with most altcoins trading sideways.
LINK, Chainlink's native token, is gaining traders' attention despite ongoing market uncertainty. This is due to the continuous accumulation by whales in recent days and the bullish price action forming on LINK's chart.
Bitcoin bulls appear reluctant to buy dips after BTC's repeat failures to secure a close above $98,500.
Chainlink price rose on Monday, trading at $19.49 at the time of writing with daily gains of 4.4%. The crypto coin has recently been on a strong upward momentum, and has risen by more than 6% in the last week.