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by: xpoolPosted on: August 17, 2025

Chainlink Faces Potential Correction: Could Price Drop to $20?

Chainlink (LINK) has experienced a setback as its price action stalled at mid-channel resistance. This rejection raises concerns about a short-term pullback, with analysts predicting a retest of the crucial $20 support level. While market sentiment remains cautious following this rejection, traders will be watching key indicators like volume, RSI levels, and broader market sentiment to assess the next move.

Related posts:

  1. Whale Sell-Offs Impact Chainlink Price, But Stability Remains
  2. Chainlink’s Price Plummets as Whales Hold Steady, Key Trendline Tested
  3. Chainlink Breaks Wedge, Faces Resistance at $13.67 – Will the Rally Hold?
  4. Chainlink’s Growing Influence: Regulatory Partnerships and Potential for LINK to Reach $30
Chainlink Crypto Market LINK

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