The Chainlink project is currently experiencing an unusual situation. On one hand, the project is continuously expanding in terms of real-world adoption and institutional use. On the other hand, the price of LINK remains stuck in a clear downtrend, with every rally meeting sell orders.


If you zoom in on the chart, you'll find that its structure is very clear. The price of LINK has experienced consecutive lows and highs since late 2025.
Every attempt to regain its position has failed, especially at the $9.70 level. After this decline, the price retreated toward the $8.40 level, which is currently the main line of defense.

What adds to the tension is the shrinking volatility levels. This has been observed through the contraction of Bollinger Bands; although this does not indicate a specific trend, it suggests a potential significant change is imminent.
LINK0.44%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin