NewsBTC
Jan 24, 2026
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Chainlink’s LINK trades between $11.89-$14.64, poised for breakout potential

Chainlink's LINK Token in Consolidation Phase

  • LINK is trading between $11.89 (support) and $14.64 (resistance), indicating a consolidation phase as the broader crypto market lacks clear direction.
  • The price has been range-bound within this channel, suggesting neither bulls nor bears have gained control.
  • A breakout above $14.64, with increased volume, could push LINK to $17.00.
  • If support at $11.89 fails, LINK may decline further towards $10.00.

Chainlink

Market Overview

  • LINK is currently priced at $12.21, experiencing a 10.95% loss over the past week but only a 1.09% monthly decline.
  • This suggests recent selling pressure may be corrective rather than structural.
  • Chainlink completed the acquisition of Atlas, enhancing its value capture stack and MEV recapture capabilities.
  • With a market cap of $8.65 billion, Chainlink ranks as the 13th largest digital asset globally.

Chainlink