Chainlink (LINK) is currently trading at $23.25, registering a significant fall of 9.85%. Trading volume touched $2.02 billion, an increase of 11.01% in 24 hours. Investors seem apprehensive with the variability of the price around last week’s $23.26, a fall of 3.83%. Uncertainty is observed by the short-term traders, while the longer-term holders consider the breakout possibility.
Analysts point out that LINK’s action is indicative of market stress. Coiling of the price is an indicator of building up for a bigger trend. Analysts point out that whales and institutional flows could hugely impact the direction. Traders are vigilant, observing support and resistance levels.
Whale Activity and Price Momentum
Crypto analyst Tall Man Crypto is optimistic about LINK. As far as he is concerned, the chart is “coiling with conviction,” and this may mean a swift price jump is imminent. It is his opinion that major investors, like SBI’s movements in RWAs and stablecoins, may spark the ascent of the price. Additional momentum is then provided by whale buying, and this may spark swift gains. As long as LINK is trading above $24–$25, it may reach $40–$56.
HODLers, or long-term holders, could be optimistic about this. It is prudent to wait, analysts recommend, and the current stable cost may come prior to a big push upwards. LINK’s cost demonstrates conviction from major investors. Traders should pay attention to major support and resistance levels. Several weeks from now may determine the direction of LINK, and the timing of your trades could make a huge impact when it comes to profits.
Chainlink Price Prediction for 2025
DigitalCoinPrice is forecasting LINK to rise to above $50.91 by the end of 2025 and could even reach its previous record of $52.88. Then it could stabilize from $45.83 to $50.91. Optimistic investors consider this to be a profitable long-term prospect. Technical indicators are signaling the likelihood of LINK continuing to rise as long as the market is favorable.
Changelly is more conservative. LINK could drop to $16.49 and a 2025 high of $21.34. Median price could reach $26.19 and a potential loss of -12.4%. August 2025 could experience LINK swinging from $23.94 and $24.41. Both are speculation but imply LINK is still attracting attention.
