Will Chainlink Price Drop Below $10 or Is a Reversal Coming?
Chainlink has plunged below $15, raising fears of a further drop. Will LINK crash below $10, or is a reversal finally on the way?
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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.
Coinbase CEO Brian Armstrong and Strategy founder Michael Saylor, among others, are slated to attend the crypto summit in Washington.
U.S. President Donald Trump is slated to host the summit.
Chainlink (LINK) has been struggling to replicate its previous cycle's strong performance, with current market metrics showing a shift towards bearish sentiment. While the token experienced a brief pump following the declaration of a U.S. strategic crypto reserve on March 2, 2025, it quickly retraced, mirroring broader market declines.
Chainlink investors should not expect the token to match its previous cycle performance. So far, it has struggled to even come close.
The upcoming White House Crypto Summit on March 7 could have a major impact on the market, with discussions set to focus on regulation and innovation. Five key assets – Hedera (HBAR), Chainlink (LINK), TRUMP, MELANIA, and Uniswap (UNI) – are currently in the spotlight, with speculation rising about their potential inclusion in the US crypto reserve.
As Dogecoin fights to hold above $0.20 and Chainlink racks up levels between $14.8 and $16, a new warrior enters the market. With Dogecoin 6% lower, it's a reflection of broader volatility in crypto markets, while Chainlink can find protection if Glassnode's Cost Basis Distribution metric is right about the important support zones.
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?
LINK's short-term price action could be bad news for a lot of long traders.
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.