- The price of Chainlink is showing a small trend of integration with the support of $7.5, extending a strong direction to its next close.
- The chain’s metrics reveal a growing number of medium-to-large wallets, up to a recent peak of 25,420 wallets.
- A potential dead consolidation between the 50- and 200-weekly exponential moving average (EMA) could accelerate the bearish market and force a long-term consolidation below $10.
On March 25, a The price of Chainlink has shown a strong upward trend of 1.3% to $9.25. The pressure to buy is related to the stabilization of the capital market as a major change in the mid-term war and increase the sentiment of investors. In addition, medium to large wallets are returning to the network in anticipation of future outages. Can Chainlink be worth more than $10?
LINK Connects Key Points When Smart Money Accumulates
Since the beginning of February, the price of Chainlink has been ranging from $10 to $7.5. This price is stable without much effort, indicating a lack of confidence from buyers or sellers.
As global volatility has eased recently, the price of LINK is showing an upward trend in the daily chart, moving towards the slow resistance of the bullish breakout.
The open interest built for LINK future contract saw a similar increase during the week, to $387. However, most of the trends in the derivatives market remain low, indicating that traders are still cautious and avoid excessive exposure to this price.
Meanwhile, Chainlink’s mid-to-majors have reached 25,420 wallets with less than 1,000 LINK tokens, the highest since December 2025.
Sentiment data it shows that the number of such addresses has gradually increased despite the slowdown in commodity prices. This figure represents the overlap between the main wallets, while there are side movements in LINK.
These differences, in which retail traders remain cautious as major stockholders accumulate, are often associated with large market bottoms or resurgence in stock prices. If the trend continues, the price of Chainlink gets a great opportunity to break the $10 resistance.
Chainlink Cost Analysis Shows Multiple Side Years
This page shows the value of the conversion of Chainlink exchange for several years on the chart on this page. Since November 2021, the downward trend has been the main resistance of LINK coin, while the support line that has been hanging since August 2024 has been the main area of buyers.
Currently, the LINK coin is hovering above the trend, while it is moving back forward. The strength indicator RSI (Relative Strength Index) has risen to 36% to confirm the pressure to restore the buy.
Therefore, a potential breakout from the $10 resistance will trigger a bull cycle within the sideways trend. In the past, the bullish pattern has led to a medium to long-term recovery following a bullish trend.
It is a constant purchase, and Chainlink price change He suggests that the price of LINK may challenge $15, $18, and $23, which may be related to the trend during the link.
In fact, the bearish damage from the bottom of the trend will help to force the sell and drive the big decline to $5.75 or $4.88.
