Chainlink ($LINK) Crypto Forecast: Down 7.8% Today

What is Chainlink?

Chainlink (LINK) is a decentralized oracle network allowing smart contracts to interact securely with real-world data. Today, LINK witnessed a significant bearish movement in the market.

Why is Chainlink going down?

LINK crypto is down 7.8% on Aug 14, 2025 12:36

• Chainlink's price increased by 44% as traders expect a potential rally, but it encountered a bearish trend today.
• Searches for altcoins such as Google are increasing, hinting at rising interest in alternative cryptocurrencies like LINK, coinciding with a surge in altcoin ETF filings and shifts in corporate treasury strategies.
• Despite recent positive developments like partnerships aiming to bring forex and precious metals data on-chain, Chainlink's price faced resistance near $22.05 and fell to $21.47, indicating a temporary setback in its bullish momentum.
• Market sentiment for altcoins like Chainlink appeared positive, with notable gains in tokens such as Solana and even Fartcoin, despite suggestions of a potential rate cut by the US Treasury Secretary.

LINK Price Chart

LINK Technical Analysis

LINK News

Chainlink's back: LINK up 44% as traders eye 'round 2' rally

A crypto trader says Chainlink may be "the most obvious large cap play for this cycle" that most people will miss.

https://cointelegraph.com/news/chainlink-link-price-rally-crypto-analysts-speculate-next-move

Altcoin Google searches hit highest since 2021 amid ETF, treasury moves

Google searches for "altcoin" and "Ethereum" are surging to multi-year highs, coinciding with a wave of altcoin ETF filings and a shift in corporate treasury strategies beyond Bitcoin.

https://cointelegraph.com/news/altcoin-google-searches-highest-since-2021-etf-treasury

Crypto Gainers: Fartcoin, Chainlink, Solana surge as Scott Bessent urges 50bps rate cut

Altcoins such as Fartcoin (FARTCOIN), Chainlink (LINK), and Solana (SOL) rank as top performers over the last 24 hours as the market trades in the green with the US Consumer Price Index (CPI) of July remaining at 2.7% and the US Treasury Secretary Scott Bessent floating ideas of a 50 basis point rat

https://www.fxstreet.com/cryptocurrencies/news/crypto-gainers-fartcoin-chainlink-solana-surge-as-scott-bessent-urges-50bps-rate-cut-202508130329

Chainlink Price Forecast: LINK brings high-quality forex and precious metals data on-chain

Chainlink (LINK) price faces resistance around the daily level of $22.05, and trades around $21.47 at the time of writing on Tuesday after rallying over 35% last week. A decisive close above this resistance could suggest a further rally ahead.

https://www.fxstreet.com/cryptocurrencies/news/chainlink-price-forecast-link-brings-high-quality-forex-and-precious-metals-data-on-chain-202508120602

ICE taps Chainlink to bring forex and precious metals data onchain

Chainlink has partnered with Intercontinental Exchange to integrate forex and precious metals data from ICE's Consolidated Feed into Chainlink Data Streams.

https://cointelegraph.com/news/chainlink-ice-forex-precious-metals-data-onchain

Trending Today

XRP ($XRP) Crypto Forecast: Down 5.6% Today

Shiba Inu ($SHIB) Crypto Forecast: Down 5.0% Today

Ethereum ($ETH) Crypto Forecast: Down 5.8% Today

Dogecoin ($DOGE) Crypto Forecast: Down 5.7% Today

Worldcoin ($WLD) Crypto Forecast: Down 5.0% Today

Litecoin ($LTC) Crypto Forecast: Down 5.0% Today

Lido DAO ($LDO) Crypto Forecast: Down 5.5% Today

Monero ($XMR) Crypto Forecast: Up 6.3% Today

Chainlink Price History

08.07.2025 - LINK Crypto was up 11.9%

• LINK surged significantly following XRP's rally, indicating a broader bullish sentiment in the altcoin market.
• Sergey Nazarov's comparison of Chainlink's CRE to Ethereum's early breakthrough likely fueled investor optimism and confidence in LINK's future potential.
• The resolution of Ripple's legal battle with the SEC may have boosted overall market sentiment, leading to increased investment in altcoins like Chainlink.
• The combination of positive market dynamics and favorable news surrounding Chainlink's technology advancements contributed to the strong bullish movement of LINK today.

08.07.2025 - LINK Crypto was up 12.2%

• The announcement of Chainlink creating a LINK Reserve and attracting significant investment from whales likely boosted investor confidence in the project, leading to increased demand for LINK tokens.
• Chainlink's co-founder comparing the Chainlink Runtime Environment to Ethereum's early breakthrough may have sparked excitement and optimism among investors, driving up the price of LINK.
• The overall positive sentiment in the altcoin market, with XRP leading a double-digit rally and other altcoins like Cardano and Chainlink surging, could have contributed to the bullish movement of LINK as well.
• The strong rally of 17% in LINK throughout the week indicates growing interest and momentum in the project, attracting more traders and investors to participate in the market.

05.07.2025 - LINK Crypto was down 5.4%

• A comparison made by Chainlink co-founder Sergey Nazarov between Chainlink's CRE and Ethereum's early success may have heightened investor expectations, leading to a temporary increase in interest.
• However, if investors viewed the comparison as overly optimistic or had doubts about the practical execution of the Chainlink Runtime Environment, it might have prompted profit-taking and a subsequent downtrend.
• The recent bearish market movement could also be influenced by general market trends or traders taking profits following LINK's recent price surges.

12.07.2025 - LINK Crypto was up 5.7%

• Chainlink's bullish movement today can be attributed to a series of positive developments in the ecosystem, including partnerships with Intercontinental Exchange (ICE) to integrate forex and precious metals data, the creation of the LINK Reserve attracting significant investment, and the announcement of the Chainlink Reserve launch.
• The overall positive sentiment in the cryptocurrency market, with altcoins like XRP, Cardano, and Chainlink experiencing double-digit rallies, also contributed to LINK's upward momentum.
• The resolution of Ripple's legal battle with the SEC likely boosted investor confidence in the broader crypto market, leading to increased demand for altcoins like Chainlink.
• Chainlink's unique value proposition as a key player in the DeFi space and its continuous efforts to expand its network and offerings have further solidified its position as a top-performing asset in the market.

12.07.2025 - LINK Crypto was up 10.4%

• LINK recorded a significant uptrend, gaining over 35% in the past week and currently priced at $21.47.
• Collaborating with Intercontinental Exchange (ICE) to incorporate forex and precious metals data into Chainlink Data Streams likely contributed to increased investor confidence.
• Establishing the LINK Reserve and the accumulation of considerable tokens by major holders may have bolstered positive perceptions of Chainlink.
• The optimistic atmosphere in the cryptocurrency market, marked by surges in altcoins like XRP, Cardano, and Chainlink, might have impacted LINK's price surge.

17.06.2025 - LINK Crypto was up 5.2%

• LINK's price surge is propelling it towards the $18 mark, fueled by the merging realms of traditional finance (TradFi) and decentralized finance (DeFi).
• The integration of LINK by prominent entities like Westpac and Imperium Markets within Project Acacia is playing a crucial role in stabilizing and driving the cryptocurrency's price upwards.
• The amalgamation of optimistic technical indicators and institutional uptake is speculated to be the primary force behind LINK's current rally, hinting at heightened confidence and interest in the project throughout the crypto community.

11.07.2025 - LINK Crypto was down 5.0%

• Today's downward movement in LINK may be due to investors taking profits following a strong 17% increase earlier in the week.
• Reports of significant Chainlink holders amassing 0.67% of the token's total supply may have caused concerns regarding potential market manipulation or large sell-offs.
• Although the collaboration with Intercontinental Exchange to integrate forex and precious metals data is a positive step, it might not have been sufficient to sustain LINK's recent bullish trend.
• Comparisons between Chainlink's Chainlink Reserve and Ethereum's early successes, made by co-founder Sergey Nazarov, could have raised expectations for LINK's future performance, leading to a sell-off when those expectations were not immediately met.

22.06.2025 - LINK Crypto was down 5.6%

• The bearish movement in LINK today could be attributed to profit-taking by traders after a period of bullish momentum.
• Despite positive developments surrounding Chainlink, such as the adoption by institutions like Westpac and Imperium Markets, the market sentiment may have shifted temporarily.
• The anticipation of a potential rally to $18 based on a bullish pattern might have led to some investors selling off their positions, causing a short-term dip in the price.
• It's important to consider that cryptocurrency markets are highly volatile, and price fluctuations can occur rapidly based on a variety of factors beyond just recent updates.

03.06.2025 - LINK Crypto was up 6.7%

• LINK experienced a strong bullish movement today despite the overall market volatility.
• The completion of the monthly rebalancing for Virtune's crypto index ETPs may have boosted confidence in the cryptocurrency market, indirectly benefiting LINK.
• Chainlink's announcement of a new compliance standard targeting institutional crypto flows could have attracted more investors to the project, contributing to its bullish movement.
• Despite some on-chain data signaling overhead pressure, the positive news surrounding LINK's compliance standards and institutional adoption likely outweighed short-term concerns, driving the bullish momentum.

10.06.2025 - LINK Crypto was up 5.2%

• The bullish movement in LINK could be attributed to the positive sentiment surrounding cryptocurrencies like XRP, Ethereum, and Solana, which are considered "cleanest plays" by market analysts.
• The mention of a $200 million tokenization initiative in Latin America on the XRP Ledger may have sparked optimism in the broader crypto ecosystem, leading to increased interest and investment in assets like LINK.
• The potential injection of trillions into the crypto ecosystem within a few years, as suggested by market experts, could have further fueled investor confidence in LINK and other cryptocurrencies, driving prices higher.

13.07.2025 - LINK Crypto was up 12.6%

• Chainlink (LINK) surged in price today, fueled by several positive developments and partnerships, including integrating forex and precious metals data from a major financial institution into its platform.
• The announcement of the creation of the LINK Reserve and the accumulation of $1 million by large holders likely contributed to the bullish momentum.
• Additionally, the overall market sentiment, with altcoins like Chainlink, Solana, and Fartcoin performing well, coupled with the discussion of a potential rate cut by the US Treasury Secretary, provided a favorable environment for LINK's price appreciation.
• The technical analysis also indicates potential further upside if LINK manages to break above the resistance level of $22.05, paving the way for a continued rally.

14.07.2025 - LINK Crypto was down 7.8%

• Chainlink's price increased by 44% as traders expect a potential rally, but it encountered a bearish trend today.
• Searches for altcoins such as Google are increasing, hinting at rising interest in alternative cryptocurrencies like LINK, coinciding with a surge in altcoin ETF filings and shifts in corporate treasury strategies.
• Despite recent positive developments like partnerships aiming to bring forex and precious metals data on-chain, Chainlink's price faced resistance near $22.05 and fell to $21.47, indicating a temporary setback in its bullish momentum.
• Market sentiment for altcoins like Chainlink appeared positive, with notable gains in tokens such as Solana and even Fartcoin, despite suggestions of a potential rate cut by the US Treasury Secretary.