Chainlink price hints at a steeper correction below $20
-637336005550289133_XtraLarge.jpg)
A brief technical and on-chain analysis on LINK price. Here, FXStreet's analysts evaluate how Chainlink might retrace further.
Author
FXStreet Team
FXStreet
More from FXStreet Team
Editor's Picks
Ripple (XRP) is edging lower around $1.36 at the time of writing on Wednesday, weighed down by low retail interest and macroeconomic uncertainty, which is accelerating risk-off sentiment.
Bitcoin is down 15% in February and looks poised to extend its losses toward the yearly low of $60,000. Ethereum and Ripple are following in Bitcoin's footsteps, weighed down by a weak derivatives market.
Hyerliquid (HYPE) drops to its 50-day Exponential Moving Average (EMA) at $28.85 at the time of writing on Wednesday, extending a decline of roughly 10% so far this week.
Stellar is trading below $0.160 at the time of writing on Wednesday, extending its correction for the fifth consecutive day. The bearish price action is further supported by rising short bets and declining Open Interest in the derivatives market.
Bitcoin (BTC) is wrapping up 2025 as one of its most eventful years, defined by unprecedented institutional participation, major regulatory developments, and extreme price volatility.
Bitcoin (BTC) price recovers slightly, trading at $65,000 at the time of writing on Friday, after reaching a low of $60,000 during the early Asian trading session. The Crypto King remained under pressure so far this week, posting three consecutive weeks of losses exceeding 30%.