Chainlink falls nearly 5% toward $13.35 as $15 resistance remains key
Image: Crypto.newsChainlink (LINK) traded near $13.35 after a 4.74% daily drop, with seven-day losses at 7.09%. The token had risen above $15 and reached $15.60 before moving lower. CryptoQuant data showed exchange reserves near 124.3 million LINK, close to multi-year lows. Chainlink launched CCIP 2.0 on September 28. Santiment reported new Ethereum-based LINK addresses rose under 2% despite September's roughly 24% price increase. The $15 to $15.60 area is cited as a key level with lower support around $12 to $13.
Key points
- LINK traded in the $13 range after a recent decline.
- The latest drop followed an earlier LINK price recovery.
- Short-term momentum weakened after that recovery attempt.
- The $15 area remains a key level for LINK.
Why it matters
LINK trades near $13, with $15 and $12 cited as key levels. Chainlink's CCIP 2.0 release adds institutional controls, and exchange reserves remain near multi-year lows.
What's unclear
Whether total LINK usage across every supported network has risen or fallen is not established.
The reports cite different recent LINK price points, including $13.35 and above $13.58.
Price context · LINK
At publication
$13.31
Now
$13.35
Change since
+0.30%
7 days · dashed line = publication
Sources · 2 publishers
Crypto.news
Tier 2
Chainlink price falls 5%: Can LINK recover above $15?
Coverage timeline
- First reported by AMBCrypto
- Confirmed by Crypto.news
- CryptoVideos brief published
How this brief was made. Our system found this event in 2 independent publications, summarised two complete reports with AI and checked every number above against the source text. Sources are linked in full. Not financial advice. Report an error
