Chainlink is showing signs of stability in its value with the potential to reach new highs with the changing climate in the crypto sector. The token is currently trading at $14.38, with the price showing stability over the last 24 hours.
However, the crypto analyst, Ali, highlighted that whales have purchased an impressive 4.73 million Chainlink (LINK) tokens in just 48 hours, signaling renewed interest in the decentralized oracle network. Large wallets, often seen as market movers, have been steadily accumulating $LINK, hinting at potential bullish momentum. This surge comes as the broader crypto market shows cautious optimism.
Source: Ali
The use of Chainlink’s off-chain data for the integrity of smart contracts makes it an essential component of the DeFi sector. As observed, such rapid accumulation by whales often precedes volatility, attracting the interest of both retail and institutional investors. This trend indicates increasing levels of confidence in LINK and its future potential.
Also Read: Chainlink ETF Goes Live as Grayscale Launches ‘GLNK’ on NYSE Arca
From the technical perspective, the Chainlink (LINK) exhibits substantial weekly price fluctuations from the beginning of 2024 until December 2025. The Bollinger Bands, using a 20-week SMA and 2 standard deviations, indicate high volatility. The support level is at $11.19, and the resistance level is around $27.55.
Source: TradingView
The MA ribbon (20, 50, 100, and 200-week SMAs) indicates medium- and long-term market trends, where the 200-week SMA (∼$12.59) serves as major support. Shorter-period MAs, such as the 20-week (∼$19.37) and 50-week (∼$17.55) MAs, are above the present market levels, which indicates resistance. Overall, LINK appears in a corrective phase, testing support while attempting a rebound amid expected volatility.
Moreover, the crypto analyst, Posty, revealed that the LINK structure appears to be consolidating as major indicators are pointing to the next major event. Cyclic models for the long-term periods, liquidity, and the economy are showing the kind of pattern that always leads to a major breakout. Market participants are carefully following the volatility contraction as it gears up for the breakout.
Source: Posty
Blue chip crypto markets are likely to be the pioneers, as Bitcoin, Ethereum, and other major currencies are likely to be hit hard as soon as the trend swings back to risk-on. Analyst predictions are already saying that 2026 could see the price of LINK hit $100 if the trend continues. Things are certainly going to be interesting for the crypto markets.
Also Read: Chainlink Eyes $16 and $20 Resistance Following Double Bottom Formation

