Are you thinking about investing in Chainlink’s native token, LINK, and want a clear, data-driven view before making your move? You’re in the right place. This detailed LINK price analysis breaks down the latest price action, key support and resistance zones, and crucial technical indicators to help you make smarter trading decisions. We’ll take a close look at momentum shifts, LINK breakout attempts, and what the indicators are really telling us about LINK’s next move. Let’s jump right into the technical setup and see where Chainlink could be headed in the short term.
LINK Price Action Analysis of 26th April, 2025
The LINK price action on a 5-minute chart on April 25, 2025, exhibits a cautious start as LINK drifted downward in a narrow descending channel, touching a low of $14.75 by 03:00 UTC. The selling momentum lost strength near this level, aligning with RSI indicators reaching oversold territory and a MACD golden cross forming shortly after. A shift in sentiment triggered a steady climb as LINK broke minor resistance at $15.00, moving upward within a clean ascending channel. By around 10:00 UTC, LINK touched $15.30, showing initial strength, although early signs of buyer fatigue appeared in momentum oscillators flashing mild overbought warnings.
Chart 1, Analyzed by Alokkp0608, published on April 26th, 2025.
Following the brief $15.30 high, LINK was rejected from resistance and slid into a tight consolidation phase. Prices oscillated within a narrow $15.00–$15.10 range, forming a sideways trading channel. As pressure built up, LINK eventually lost the range support and dipped back to the key demand zone at $14.88. The move was accompanied by a MACD death cross and a cooling RSI, both signaling a momentum shift to the downside. However, the strong defense at $14.88 triggered a recovery, and LINK initiated a fresh bullish wave, forming higher lows and ascending once again towards the $15.35 resistance by 15:00 UTC.
Approaching the $15.35 resistance, LINK’s bullish strength began to wane as RSI once again approached overbought levels and MACD histogram momentum flattened. A firm rejection from $15.35 triggered a quick bearish reversal, pushing prices lower toward $14.95 by 18:00 UTC. Throughout the late UTC sessions, LINK traded within a relatively flat structure, with minor oscillations around $15.00. MACD crossovers during this phase continued to reflect the lack of strong directional conviction. Meanwhile, the broader $14.88–$15.35 band solidified as a critical short-term range, with market participants awaiting a decisive LINK breakout for trend confirmation.
Chainlink Price Prediction: What is Next For LINK?
Entering April 26, LINK attempted a mild bullish recovery, forming an ascending channel that peaked at $15.28 by 01:30 UTC. However, persistent overbought conditions on RSI and a soft MACD death cross pressured the market, causing a renewed dip toward the $14.90–$15.00 zone. Currently, LINK hovers near critical support, struggling to reclaim $15.10 convincingly. If buyers successfully defend the $14.88 support zone and momentum re-accelerates, a retest of $15.35 resistance looks likely; however, a breakdown below $14.88 could expose LINK to deeper losses toward $14.60 in the coming sessions.
Is LINK Gearing Up for Its Next Big Move?
Right now, LINK price is holding just above a major support zone at $14.88, but the pressure is building. After getting rejected around $15.35, buyers are trying to hold the line, while sellers are starting to push back harder. The RSI and MACD show some weakness, but it’s not a complete breakdown, not yet. If LINK can bounce back above $15.10 with strong momentum, another test of $15.35 could be right around the corner. However, if $14.88 cracks, we could be looking at a deeper slide toward $14.60. Chainlink price prediction suggests traders should closely observe confirmation signals from the MACD and RSI indicators, as well as overall market trends, to anticipate its next move.
About The Author
