NewsletterChainlink Price Could Crash as 3 Risky Patterns Form Amid Whale Selling
Highlights
- Chainlink price has formed some common chart patterns pointing to more downside.
- It has formed an inverse cup-and-handle pattern and a death cross patterns.
- Whales have continued selling their tokens in the past few months as they expect it to keep falling.
Chainlink price has crashed in the past few months, moving from a high of $27 in August to the current $15.75. Technicals suggest that the LINK price may continue falling as whales continue dumping the token.
Frequently Asked Questions (FAQs)
1. What is the most likely Chainlink price forecast?
2. What are the other bearish LINK chart signals?
3. How low can the Chainlink token drop?
- Kraken to Acquire Backed Finance, Expanding Tokenized Equities Ahead of 2026 IPO
- XRP News: Ripple Expands Payments Service With RedotPay Integration
- Bitcoin Surges Above $90K Fueled By Fed QT End And Rate Cut Optimism
- HYPE Jumps 10% as Hyperliquid Treasury Firm Sonnet Secures Merger Approval
- Bitamp Wallet Review: User-friendly Web Wallet for Bitcoin Transactions
- Bitcoin Price: What’s Next For BTC After Fed Chair Jerome Powell’s Speech?
- XRP Price Slowly Forms a Rare Pattern as Ripple ETFs Near $1B Milestone
- Chainlink Price Eyes More Recovery After Grayscale’s Spot ETF Launch
- FUNToken Is Surging: Will FUN Price Recapture Early 2025 Growth?
- Ethereum Price Prediction: ETF Outflows Hit $79M as Institutional Accumulation Surges
- Pump Coin Price Jumps 10% as Whale Accumulates $23.5M; What’s Next?
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Premium Partners
