Chainlink (LINK) Shake-Up: Will It Slide to Test the $10 Barrier as Bears Circle?

TheNewsCryptoPublicado a 2026-01-10Actualizado a 2026-01-10

Resumen

Amidst a neutral crypto market, Chainlink (LINK) experienced a slight 0.28% increase, trading at $13.15. However, daily trading volume dropped 28.63% to $403.58 million, and whales have sold over 2 million LINK in the past week, suggesting potential profit-taking or shifting sentiment. Technical indicators point to a neutral-to-bearish outlook. The MACD indicates a strengthening bearish trend, while the RSI at 44.66 shows the asset is not oversold. Key support levels are at $13.09 and $13.03, with resistance at $13.21 and $13.27. The overall momentum remains weak, with a possibility of further decline.

With the neutral sentiment lingering in the crypto market, both red and green waves are bothering the tokens. Some of them are attempting to escape the bear’s hold, and a few are hanging within their former lows. Among the assets, Chainlink (LINK) has registered a 0.28% spike in value.

Meanwhile, the asset’s low and high trading range of the day were noted at $13.06 and $13.41, respectively. At the time of writing, Chainlink trades at the $13.15 level, with its daily trading volume having plunged by 28.63% to $403.58 million. Also, the LINK market saw $355.28K liquidation.

Over the past week, whales have offloaded more than 2 million LINK. The large holders are gradually reducing their Chainlink positions. Moreover, this could likely signal profit-taking or a shift in sentiment among major investors, which may impact the short-term price momentum.

Chainlink Under Pressure: Will the Downtrend Persist?

LINK’s price could retrace to the $13.09 support level with the bearish shift. If the ongoing momentum strengthens, the bears may sharply push the asset’s price toward $13.03 or even lower. Assuming a bullish reversal, it might climb to the resistance at the $13.21 range. An extended gain could likely trigger the bulls to push the Chainlink price to rise higher above $13.27.

When the MACD and signal lines of Chainlink cross below the zero line, it implies the strengthening of the bearish trend. This negative momentum will stay until it shifts back above zero. Besides, the Chaikin Money Flow (CMF) indicator is at 0.05 points toward slight buying pressure in the LINK market. The money is flowing into the asset, but momentum is not strong yet.

Furthermore, the current sentiment is neutral-to-slightly bearish as the RSI is at 44.66. Chainlink is not oversold, and it shifts bullish if the value rises above 50, or weakens if it drifts below 30. LINK’s BBP reading of -0.11 hints at slight bearish dominance. The price is trading below, and the momentum is weak on both sides, which is seen before a potential shift.

Top Updated Crypto News

Momentum Tension for PUMP: Break Toward $0.0030 or Another Fade Lower?

Preguntas relacionadas

QWhat is the current trading price of Chainlink (LINK) and how much has its daily trading volume changed?

AChainlink is currently trading at the $13.15 level, and its daily trading volume has plunged by 28.63% to $403.58 million.

QWhat significant activity have large holders (whales) undertaken with LINK in the past week?

AOver the past week, whales have offloaded more than 2 million LINK, which could signal profit-taking or a shift in sentiment among major investors.

QAccording to the technical analysis, what are the key support and resistance levels for LINK's price?

AThe key support level is at $13.09, and if the momentum strengthens, the price could be pushed toward $13.03 or lower. The resistance level is at $13.21, and an extended gain could push the price above $13.27.

QWhat does the MACD indicator crossing below the zero line imply for Chainlink's trend?

AWhen the MACD and signal lines cross below the zero line, it implies the strengthening of the bearish trend, which will persist until it shifts back above zero.

QWhat is the current market sentiment for Chainlink based on the RSI and BBP indicators?

AThe current sentiment is neutral-to-slightly bearish, as the RSI is at 44.66. The BBP reading of -0.11 hints at slight bearish dominance, with the price trading below and weak momentum on both sides.

Lecturas Relacionadas

Stuck Polymarket: The Real Test After Riding the Traffic Boom Has Arrived

Polymarket, a leading prediction market platform, is facing significant technical challenges as its growth outpaces its current infrastructure on Polygon. Users are experiencing laggy transactions, unresponsive orders, and delayed confirmations, severely impacting the trading experience. In response, DeFi Engineering VP Josh Stevens outlined a comprehensive engineering overhaul. The plan includes reducing on-chain data delays, fixing order cancellation issues, rebuilding the central limit order book (CLOB), improving website performance, and developing a unified SDK and API. A major revelation was the ongoing "chain migration," indicating a potential move away from Polygon. The core issue is that Polymarket has evolved from a simple prediction market into a high-frequency trading platform, making Polygon's limitations—such as block space, gas fees, and block time—a ceiling for further growth. The migration is not just a simple chain switch but a fundamental rebuild of its trading system to support more complex products like perpetual contracts (Perps). This announcement has sparked competition among chains like Solana, Sui, and Algorand, all vying to host Polymarket. For Polygon, losing this key application, which contributes significantly to its gas fee revenue, would be a major setback. The real test for Polymarket is no longer attracting users but proving it can provide a stable, reliable trading environment that retains them.

Odaily星球日报Hace 28 min(s)

Stuck Polymarket: The Real Test After Riding the Traffic Boom Has Arrived

Odaily星球日报Hace 28 min(s)

Key Lawmaker 'Relents', Wash's Biggest Obstacle to Assuming Fed Chair on May 15 Cleared

Key political opposition to Kevin Warsh's nomination as Federal Reserve Chair has been removed after Senator Thom Tillis (R-N.C.) withdrew his objection, clearing the way for a committee vote on April 29. Tillis had previously blocked the nomination due to a criminal investigation into current Chair Jerome Powell, which he viewed as a threat to Fed independence. The Justice Department has since dropped the investigation. Warsh, who has broad Republican support, is expected to be confirmed by the Senate in time for Powell’s term expiration on May 15. If confirmed, Warsh has signaled significant policy changes, including abolishing the "dot plot" of interest rate projections and reevaluating the Fed’s forward guidance framework. These changes could fundamentally alter the market’s pricing mechanisms for stocks, bonds, and currencies. Although the criminal case against Powell is closed, uncertainty remains as he retains his board seat until 2028. President Trump has not fully endorsed Powell, citing an ongoing review of Fed renovation spending. Warsh’s potential reforms target the communication tools developed post-2008, which have become foundational to global asset pricing.

marsbitHace 52 min(s)

Key Lawmaker 'Relents', Wash's Biggest Obstacle to Assuming Fed Chair on May 15 Cleared

marsbitHace 52 min(s)

Lowering Expectations for BTC's Next Bull Market

The author, Alex Xu, explains his decision to significantly reduce his Bitcoin holdings (from full to ~30% of his portfolio) during the current bull cycle, citing a lowered long-term outlook for BTC's price appreciation in the next cycle. He outlines six key reasons for this reduced expectation: 1. **Diminished Growth Drivers:** The narrative of exponential user adoption has largely played out with institutional ETF adoption. The next major growth phase—adoption by sovereign national reserves or central banks—seems unlikely in the near future. 2. **Personal Opportunity Cost:** More attractive investment opportunities have emerged in other assets, such as undervalued companies. 3. **Industry-Wide Contraction:** The broader crypto industry is struggling, with most Web3 business models (SocialFi, GameFi, DePIN) failing. This overall萧条 (depression) reduces the fundamental demand and consensus for Bitcoin. 4. **Strain on Major Buyer:** MicroStrategy, a major corporate buyer of BTC, faces rising financing expenses for its debt, which could slow its purchasing rate and create significant marginal pressure on the market. 5. **Increased Competition from Gold:** The emergence of "tokenized gold" has closed the functional gap (portability, divisibility) between physical gold and Bitcoin, offering a strong competitor in the non-sovereign store-of-value space. 6. **Security Budget Concerns:** The block reward halving continues to exacerbate the long-standing issue of funding Bitcoin's network security, with new fee source explorations like Ordinals and L2s largely failing. The author's decision to hold a significant (though reduced) position reflects a cautious, not bearish, outlook. He remains open to increasing his exposure if the fundamental reasons for his skepticism change or if new positive catalysts emerge.

marsbitHace 1 hora(s)

Lowering Expectations for BTC's Next Bull Market

marsbitHace 1 hora(s)

Prediction Markets Cannot Exist Without Insider Trading, But Insider Trading Is Killing Them

Prediction markets face a fundamental contradiction: they rely on insider trading to generate accurate prices, yet this same activity erodes public trust and threatens their survival. Recent scandals, such as a U.S. special forces member making $400,000 on Polymarket using classified information about a raid, highlight the severity of the issue. While platforms like Polymarket and Kalshi market themselves as venues where "everyone is an expert" and encourage informed trading, they also enforce policies against illegal insider trading. The core dilemma is that these markets depend on informed insiders for price efficiency but require uninformed retail participants to provide liquidity. If insider trading is too rampant, retail traders leave, perceiving the market as unfair. If restrictions are too strict, valuable information flow dries up, reducing the market’s predictive utility. The challenge is finding a balance that maintains both accuracy and perceived fairness—a task complicated by regulatory pressures and recurring scandals.

marsbitHace 1 hora(s)

Prediction Markets Cannot Exist Without Insider Trading, But Insider Trading Is Killing Them

marsbitHace 1 hora(s)

Can Iran 'Control' the Strait of Hormuz?

Iran has announced a comprehensive plan to assert control over the strategic Strait of Hormuz, a critical global oil shipping chokepoint. The proposed measures include requiring all vessels to obtain Iranian permission for passage, imposing fees for security, environmental protection, and navigation management—preferably paid in Iranian rials—and absolutely banning Israeli ships. Vessels from countries deemed hostile by Iran’s top security bodies may also be barred. Analysts suggest Iran’s motives are multifaceted: increasing pressure on the U.S. and Israel by leveraging control over oil transit to influence global prices and inflation; creating a new revenue stream, potentially exceeding $7.7 billion annually, to counter Western sanctions and support postwar reconstruction; and using transit permissions as bargaining chips in future negotiations, notably with the U.S. However, the plan faces significant practical and diplomatic challenges. Enforcing comprehensive interception and fee collection in the busy waterway, patrolled by international military forces, would be difficult. The U.S. has already countering with a blockade of Iranian ports and threats to intercept any ship paying fees, potentially strangling Iran’s oil exports and fee revenue. Broad international opposition, led by European and Gulf states, and legal controversies further complicate implementation. The proposal may ultimately serve more as a negotiating tactic than a feasible policy, with its execution remaining highly uncertain.

marsbitHace 2 hora(s)

Can Iran 'Control' the Strait of Hormuz?

marsbitHace 2 hora(s)

Trading

Spot

Futuros

Artículos destacados

Cómo comprar LINK

¡Bienvenido a HTX.com! Hemos hecho que comprar ChainLink (LINK) sea simple y conveniente. Sigue nuestra guía paso a paso para iniciar tu viaje de criptos.Paso 1: crea tu cuenta HTXUtiliza tu correo electrónico o número de teléfono para registrarte y obtener una cuenta gratuita en HTX. Experimenta un proceso de registro sin complicaciones y desbloquea todas las funciones.Obtener mi cuentaPaso 2: ve a Comprar cripto y elige tu método de pagoTarjeta de crédito/débito: usa tu Visa o Mastercard para comprar ChainLink (LINK) al instante.Saldo: utiliza fondos del saldo de tu cuenta HTX para tradear sin problemas.Terceros: hemos agregado métodos de pago populares como Google Pay y Apple Pay para mejorar la comodidad.P2P: tradear directamente con otros usuarios en HTX.Over-the-Counter (OTC): ofrecemos servicios personalizados y tipos de cambio competitivos para los traders.Paso 3: guarda tu ChainLink (LINK)Después de comprar tu ChainLink (LINK), guárdalo en tu cuenta HTX. Alternativamente, puedes enviarlo a otro lugar mediante transferencia blockchain o utilizarlo para tradear otras criptomonedas.Paso 4: tradear ChainLink (LINK)Tradear fácilmente con ChainLink (LINK) en HTX's mercado spot. Simplemente accede a tu cuenta, selecciona tu par de trading, ejecuta tus trades y monitorea en tiempo real. Ofrecemos una experiencia fácil de usar tanto para principiantes como para traders experimentados.

1.0k Vistas totalesPublicado en 2024.12.13Actualizado en 2025.03.21

Discusiones

Bienvenido a la comunidad de HTX. Aquí puedes mantenerte informado sobre los últimos desarrollos de la plataforma y acceder a análisis profesionales del mercado. A continuación se presentan las opiniones de los usuarios sobre el precio de LINK (LINK).