Chainlink (LINK) Price Prediction: Continued Sell-Off Points to Further Downside Ahead

LINK is currently hovering around $14.5 and remains bearish in the short term. As mentioned in our previous analysis, the price was forming a symmetrical triangle pattern on the 4-hour timeframe and has now broken below it, triggering the expected sell-off. This move confirms that bears are still in control, especially after the price failed to hold the $15.5 support level. Let’s take a closer look at the latest LINK charts to assess where the price might be headed next.

Our LINK Price Prediction Summary

• LINK has broken below its symmetrical triangle and key $15.5 support, confirming short-term bearish momentum.
• The price structure shows consistent lower highs and lower lows, signaling sustained downside pressure.
• With $13.0 as the next major support, LINK’s trend stays bearish unless bulls regain control soon.

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Analyzing the Charts

Breakdown from the Symmetrical Triangle Pattern

Looking at the 4-hour chart for LINK, the price has broken below the symmetrical triangle pattern highlighted in our previous analysis and has also lost the $15.5 support level. Although a symmetrical triangle is generally considered a neutral pattern, the ongoing downtrend and overall bearish sentiment in the market gave this one a clear bearish bias. The move has now played out, and the price continues to decline as the correction deepens. The next key support to watch is around the $13.0 level, where the market will reveal whether buyers are ready to step in.

Downtrend Strengthens as Price Targets $13 Support

Switching to the 1-day timeframe, it is clear that LINK has been moving in a strong downtrend since last month. The chart shows a consistent pattern of lower highs and lower lows as the price continues to lose support levels one after another. With the broader market, including BTC, also losing momentum, this bearish sentiment has only intensified. That is why our current LINK price prediction remains on the bearish side, as the market lacks strength and LINK continues to trend downward with bulls struggling to build momentum even on lower timeframes.

Final Takeaway: What is Next for LINK?

In conclusion, LINK remains under strong bearish pressure across multiple timeframes. The breakdown from the symmetrical triangle pattern and the loss of key support at $15.5 have confirmed the ongoing downtrend. Momentum indicators continue to favor the bears, showing no clear signs of reversal yet. The next support lies near the $13.0 mark, which will likely determine whether the price stabilizes or extends the decline further. For now, the trend remains downward, and bulls need to show some strength before any recovery can begin to take shape.