Chainlink Price: The Struggle is Real 🤯

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So, you’re wondering what’s up with Chainlink’s price? Well, let me tell you – it’s been a wild ride. One day it’s all like “I’m a strong, independent altcoin, hear me roar!” and the next it’s like “Oh no, I’m plummeting to the depths of despair!” 🤪

Recently, Chainlink had a bit of a resurgence, jumping from around $13 to almost $16 in the first half of June. But, because we can’t have nice things, it soon took a nosedive and hit a low of $11.2 by June 22. Ouch. 🤕

But don’t worry, folks! The price has recovered a bit and is now hovering above $13. So, what’s next? Well, according to some fancy on-chain analysis, there are a couple of critical levels to watch out for in the coming weeks.

If Resistance Is At $15, Where Is LINK’s Next Support?

Crypto analyst Ali Martinez shared some interesting insights on the social media platform X (because who needs actual names anymore?). Apparently, Chainlink is approaching a critical resistance level around $15. 🚨

This is based on the average cost basis of several LINK investors. Because, you know, people like to buy things and then sell them when they break even. It’s like a never-ending cycle of buying and selling and hoping for the best. 🤞

As you can see from the chart above, there’s a big ol’ dot around the $14.88 – $15.32 region. This means that a bunch of people bought a bunch of LINK tokens at this price, and they’re probably going to sell them as soon as they break even. Because, you know, people love to sell things and make a profit. 💸

On the other hand, there’s a support level around the $12.87 – $13.26 bracket. This means that if the price drops to around $12.8, people who bought LINK tokens at this price will probably buy more to defend their position. Because, you know, people love to buy things and hope for the best. 🤞

Chainlink Price At A Glance

As of this writing, the LINK token is valued at around $13.16. Which is, you know, a thing. 🤔

So, there you have it. Chainlink’s price is a mystery wrapped in a riddle inside a cryptocurrency. But hey, at least it’s not boring. 😂

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2025-07-05 12:41