The crypto market is starting to recover after a recent slump, and this is helping the price of Chainlink go up. Also, as inflation in the US starts to slow down, the trading interest continues to rise. However, LINK might soon trigger a correction as it becomes overvalued.
LINK, the cryptocurrency token that powers the Chainlink decentralized oracle network, suddenly surged by 9% in early Friday trading, rising from a low of $12.98 to $14.41.
Bitcoin (BTC) has risen back above the 200-day simple moving average ($83,754), indicating that the bulls are attempting a comeback. The failure of the bears to capitalize on the drop below the 200-day SMA shows that selling dries up at lower levels.However, Bitcoin may not be out of the woods yet.
Polkadot (DOT) is down almost 92% from its all-time high. However, the layer zero blockchain network may still bounce back as its market cap is standing at $7.4 billion, at the time of writing.
Chainlink's price tests a critical 644-day support level while facing selling pressure from a whale dumping 356K coins, though the token shows resilience with a 2% gain amid mixed technical signals.
A Chainlink whale sent shockwaves across the crypto market on Thursday, selling massive amounts despite a price relief. On-chain data indicated that 356,665 coins were sold recently, a converse action to the current market cool-down.
Polkadot price is hovering near its all-time low as the crypto sell-off accelerates and the fear and greed index remains in the extreme fear zone. Polkadot (DOT) coin has crashed to a low of $3.
Cryptocurrency prices have remained under pressure this week as concerns about tariffs remain. Another potential less-discussed risk is the soaring US debt, which has surged to $36.58 billion.
If Chainlink (LINK) holds its megaphone pattern support, traders should watch for a move above the 20-day EMA at $15.64, with targets at $30 and, ultimately, $45.
The crypto market is in major turmoil, fueling the Chainlink price crash. Since Donald Trump signed the Executive Order for Bitcoin Reserve, the market has been on a rollercoaster ride, and so have digital assets.
As AVAX and Chainlink stall, investors turn to XYZVerse, eyeing a 5x ROI and a fresh chance to recover losses and profit. #partnercontent
Chainlink could be set for further drop if price does not hold above the key support at $12.
Hedera (HBAR), Chainlink (LINK), Aptos (APT), Ondo Finance (ONDO), and Story (IP) are five of the most important Made in USA cryptos to watch this week. While IP has been the best-performing of the group in the last month, it is now undergoing a sharp correction, similar to ONDO, which has dropped over 22% in the past seven days.
Chainlink (LINK), one of the top blue-chip cryptocurrencies, has crashed by double digits from its December highs. This drop is primarily because of the ongoing crypto sell-off.
Chainlink (LINK) creator Sergey Nazarov says that the Trump Administration's recent embrace of digital assets could be what the US needs to cement its global financial dominance. Speaking at the first ever White House Crypto Summit in Washington, D.C.
Polkadot (DOT) prices have declined by 4.38% in the past day as bearish forces continue to gain stronger market control. According to data from CoinMarketCap, DOT's price fall only underlines the asset's form in recent days as indicated by the 7.99% loss in the last week.
Supply distribution revealed that many addresses varying in size from retail to whales have been accumulating LINK in recent weeks.
Polkadot (DOT) price has remained in a three-year consolidation phase as concerns about its ecosystem remained. The DOT token was trading at $4.35 on Saturday, down by over 90% from its highest level in 2021.
Chainlink (LINK) has been showing mixed technical signals recently, with some indicators turning bearish while others suggest a potential upside ahead. With its price up 11% in the last seven days, Chainlink was on its path to surpass Pi Network in market cap, but this could be delayed for now.
LINK's short-term price action may depend on a few key factors.
BNB (BNB) and DOT (DOT) are retesting key areas of support today as selling pressure accelerated during the American session.
Bitcoin is trying to form a higher low at $85,000, but the recovery attempt faces stiff resistance at $90,000, signaling a tough battle between the bulls and the bears.
Amid the ongoing confusion in the cryptocurrency market, Chainlink's native token LINK has shown bearish price action and is poised for a decline. However, the current market sentiment remains bearish, with top assets like Bitcoin (BTC), Ethereum (ETH), and XRP also experiencing notable price declines. This downturn is potentially influencing overall market sentiment.
Possible implications of the launch of an ETF on Polkadot
Polkadot has executed the complete on-chain operation of the classic game DOOM. The experiment serves more than entertainment purposes.
21Shares has updated its SEC filing for a spot Polkadot ETF, potentially advancing its approval process. If approved, the ETF would trade on the Cboe BZX Exchange with Coinbase as custodian. The post 21Shares Advances Polkadot ETF Plans with Updated SEC Filing appeared first on Cryptonews.
21Shares has submitted the updated S-1 application for the spot Polkadot exchange-traded fund to the U.S. Securities and Exchange Commission, with the initial application filed over a month ago.
Chainlink Co-Founder Sergey Nazarov discusses the idea of a crypto reserve and says they should be diversified. He speaks with Tim Stenovec and Zeke Faux on "Bloomberg Crypto.
Chainlink Co-Founder Sergey Nazarov will attend the White House Crypto Summit on Friday. In an interview on "Bloomberg Crypto" he discusses what to expect from the summit and what he thinks the administration's priorities should be.
Bitcoin price continued its resilience as it rose for three straight days and moved above the resistance at $90,000. This recovery is happening as Donald Trump prepares to unveil the Strategic Bitcoin Reserve during the White House crypto summit.
265Dots AG launched a platform, pioneering an investment group to connect institutional investors, family offices, and asset managers with the Polkadot ecosystem.
The overall market outlook is positive ahead of the highly anticipated White House Crypto Summit, with the global crypto market cap at $3.02 trillion. Daily volume has declined 20% to just over $117 billion, while total crypto liquidations have decreased 57% to $229 million in the past 24 hours.
Polkadot (DOT) has been in a consolidation phase for much of 2025, with its price stabilizing between $4.25 and $5.20 in recent weeks. Despite ongoing bearish signals on both the daily and 4-hour charts, there are indications that a short-term bounce could lead to a 20% surge in the coming days.
There were speculations that the summit could feature crypto strategic reserve updates.
Chainlink (LINK) price has rebounded to $15 after a brief pullback, supported by increased whale accumulation. The crypto market saw a slight recovery today, contributing to LINK's rise.
The lack of overwhelming sell pressure on the CMF across timeframes explained the Polkadot consolidation between $4.25 and $5.2.
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.
Bitcoin struggles to overcome $90,000 as bears attempt to hold the level as resistance, but BTC and altcoin charts suggest the upside is the most likely path that prices will take.
Ever since Trump's tariff war was reinstigated, the crypto markets have shaken a bit. The star token Bitcoin price faced massive upward pressure, dragging the levels below $79,000. Besides, the Chainlink price also plunged from the local highs at $17 to $13, while the bulls quickly triggered a strong rebound.
The crypto market is recovering today after selling off most of its Sunday gains at the beginning of the week. Two tokens stand out from the crowd, AAVE (AAVE) and Chainlink (LINK), as they have posted double-digit gains in the past 24 hours.
Chainlink (LINK) has recently demonstrated significant volatility, showing both a sharp decline and a strong rebound. The price of LINK recently dropped to $13.18, a 13.6% correction from $15.25, following a high of $16.34.
TL;DR Chainlink (LINK) has surged 16.33% in the last 24 hours, reaching $15.74, with a market cap of $10.04 billion. Technical analysis highlights key support and resistance levels, with the $16.34 target if the bullish trend continues. Rising trading volume and open interest suggest growing investor confidence, reinforcing optimism in LINK.
LINK rebounded after a sharp drop, signaling trend shifts. Key resistance and support levels will determine its next move.
Whale activity remains strong as Chainlink rebounds from a low of $13.18.
The crypto market rebounded on Wednesday after President Donald Trump hinted at a tariff relief after Commerce Secretary Howard Lutnick reportedly stated Trump could roll back tariffs on Canada and Mexico, with an announcement likely on March 5.
Chainlink has plunged below $15, raising fears of a further drop. Will LINK crash below $10, or is a reversal finally on the way?
Chainlink (LINK) has become one of the most widely discussed cryptocurrencies in recent years, known for its role in decentralized finance (DeFi) and its ability to connect smart contracts with real-world data. As the crypto market continues to evolve, many investors and analysts are eager to know how far Chainlink's price can go, particularly in the coming years.