Chainlink price trades steadily after a period of muted volatility, with price action now centered around a key inflection zone that continues to shape short-term market sentiment.Chainlink price trades steadily after a period of muted volatility, with price action now centered around a key inflection zone that continues to shape short-term market sentiment.

Chainlink Price Analysis: LINK Holds $14 as Buyers Watch Key Threshold

2025/12/09 03:40

The daily structure shows cautious strength, although momentum remains limited as buyers and sellers battle for control near the $14 area.

LINK Needs $13.50 Reclaim to Confirm Bullish Shift

In a new update shared on X, analyst CRYPTOWZRD outlined a neutral-to-cautious outlook for LINK, noting that the asset “closed indecisively” on the daily chart.

According to the analyst, lower-timeframe movement also reflects indecision, leaving the market without a clear directional bias. He added that a brief move below $13.50 followed by a bullish reversal could form a favorable long setup, while sustained trading below $13.50 would signal weakness and open short opportunities.

Source: X

The chart shows a clear descending trendline extending from the November high toward the current region, indicating that bullish momentum remains capped unless buyers generate enough volume to break above dynamic resistance. Meanwhile, the structure between $13.50 and $14.20 remains the most crucial short-term battleground for directional confirmation.

A daily close above the trendline resistance would shift sentiment firmly in favor of buyers, while rejection from the trendline could extend the ongoing consolidation phase. CRYPTOWZRD emphasized that traders should watch liquidity sweeps around $13.50 as a potential catalyst for renewed volatility.

LINK Stabilizes at $13.91 as Volume Reaches $689M, Data Shows

Fresh data from BraveNewCoin places the coin at $13.91, reflecting a 0.30% decline in the last 24 hours. The token maintains a market cap of $9.71 billion, supported by an available supply of 696.85 million tokens.

Trading activity remains healthy, with 24-hour volume reaching $689.14 million, signaling continued participation across major spot markets.

The asset has been confined within a tight intraday range between $13.25 and $14.12, mirroring the indecisive market conditions highlighted by technical analysts. Despite short-term stagnation, liquidity remains robust.

Source: BraveNewCoin

The token continues to trade nearly 73% below its all-time high of $52.70, set on May 10, 2021, leaving significant structural room for medium-term volatility once momentum returns to the broader market.

Overall market positioning shows neither side in clear control, but volume stability suggests participants are preparing for a potential shift as the coin approaches the upper boundary of the current consolidation channel.

MACD Turns Higher as CMF Stays Positive, Indicating Improving Momentum

TradingView indicators show early signs of strengthening, although confirmation remains incomplete.

The MACD histogram has flipped positive, with the MACD line now rising toward the signal line, suggesting improving short-term momentum. However, the crossover is not yet confirmed, keeping the broader trend neutral.

Source: TradingView

The Chaikin Money Flow (CMF) prints +0.09, signaling positive capital inflow after weeks of muted liquidity.

This shift hints at renewed accumulation, especially near the $13.50 support zone identified by analysts as the key level for directional bias. Price currently trades around $14.02–$14.05, remaining near the midpoint of the local range.

The immediate resistance sits at the descending trendline around $15.20, while support remains firmly established at $13.50. A decisive move above the trendline with strong volume could open a path toward the $17 zone, whereas failure to hold $13.50 risks a return to the $12 range.

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