The post Chainlink Eyes Major Breakout: LINK Price Could Surge 50% Amid Bearish Pressure appeared on BitcoinEthereumNews.com.

The post Chainlink Eyes Major Breakout: LINK Price Could Surge 50% Amid Bearish Pressure appeared first on Coinpedia Fintech News The crypto markets are being jostled between bullish and bearish forces, which have been exerting pressure at frequent intervals. Bitcoin recently topped at $126,199, following which a plunge dragged the levels below $120,000 for a while. However, the start token continues to remain under bullish influence, but this popular DeFi token is feared to lose some ground. Chainlink has remained stuck within a strong bearish pattern and is therefore expected to drop to the lower support level if the bulls fail to break the resistance.  What’s next? Will the LINK price Attract 50% Gains or a 15% Pullback? The LINK price has been forming constant lower lows and highs, signifying the strong presence of the bears since the August reversal. Besides, the trading volume has also been decreasing since then, suggesting a drop in the traders’ interest. Above all, the price has been struggling to break through an important resistance level, which it has failed to do for the past few days. This could raise a concern about the next price action amid the bullish possibilities.  As seen in the above chart, the LINK price is trading within a consolidated phase as it sustains within the Ichimoku cloud. However, the conversion & base lines have undergone a bearish crossover, due to which a significant pullback could be on the horizon. Additionally, the CMF or the Chainkin money flow, has plunged below 0, hinting towards a notable outflow of liquidity from the platform. Considering all the technicals and the chart patterns, it seems that the Chainlink price is primed for a correction, but the question arises: how deep could it be? Regardless of the upward pressure, the bulls have been able…

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Filed under: News - @ October 10, 2025 11:29 pm