The post Chainlink Dips, But Is a Big Rally to New ATH Coming Soon? appeared on BitcoinEthereumNews.com.

TL;DR LINK pulls back 20% to key support zone after failing to hold above the $26 mark. Exchange reserves hit 143.7M LINK, the lowest in over a year, suggesting reduced sell pressure. Chainlink integrates with Canton Network, expanding institutional use of its oracle and CCIP services. Price Pulls Back to Key Level After Recent Highs Chainlink (LINK) was trading near $21 at press time after falling 4% over the last 24 hours. Over the past week, the token has dropped by 14%. The current move represents a pullback of around 20% from the recent high of $26. The asset is approaching a short-term support between $19 and $20. This area acted as a resistance in previous months. Maintaining this zone might keep the existing trend structure intact. Should the price break below it, then lower levels may be considered, depending on other market conditions. A broader support zone, ranging from approximately $11 to $14, has been active since mid-2023. LINK has built higher lows from that level, indicating a larger upward structure in place over the past several months. Michaël van de Poppe, a market analyst, described the current moment as a time to consider building positions. He said, “LINK is getting into a higher timeframe support zone,” and believes there is a “very high chance that will hold.” He also mentioned the next move could lead to a “new all-time high.” While some traders watch this zone closely, others are waiting for price confirmation. Absolutely legendary moment to be scooping up some of your favourite #Altcoins.$LINK is getting into a higher timeframe support zone. Very high chance that will hold, and the next rally is likely the rally towards a new ATH. pic.twitter.com/q4WpmsO1e1 — Michaël van de Poppe (@CryptoMichNL) September 25, 2025 Indicators Show Pressure, But Stabilization Possible Technical…

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Filed under: News - @ September 25, 2025 9:28 pm