Chainlink (LINK/USDT) Faces Pressure at Key Moving Averages
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LINK Long-term Analysis: Ranging
The market sentiment for ChainLink against the Tether appears neutral to bearish, as the pair struggles below multiple Guppy Moving Averages (GMMA), signaling weak buying strength.
However, recent price action shows that failing to break above the $15.00 area earlier in 2025, the pair’s price gradually declined and now trades around a congestion zone, showing hesitation from both bulls and bears. To this end, with declining volume and a bearish MACD, Chainlink might either consolidate more or test lower zones if support fails.
Currently, ChainLink trades at $13.23, recording 13.75 million traded volumes with a 0% change in participation.
Technical Indicators
Major Resistance Levels: $13.80, $14.24, and $15.16
Major Support Levels: $13.20, $12.73, and $11.80
ChainLink Technical Analysis
The analysis for ChainLink against the Tether has shown nothing but a close to bearish movement with every operation under the long-period south-tending EMAs. However, the recent decline in trading volume suggests reduced trading interest and possibly signals indecision in the market.
On the other hand, the MACD is operating below the zero line with a flat histogram, reinforcing market indecision without breakout confirmation.
To this end, a break above $13.80 would signal the start of a reversal; otherwise, a close below $13.00 might lead to a continued downtrend.
LINK/USDT Analysis: Is Reversal Coming?
On the daily chart, Chainlink is currently trading sideways near $13.21, with low volume and low momentum. However, the price is moving below the GMMA red cluster, indicating weak bullish strength in the short term.
From another angle, the MACD has just made a bullish crossover, but the histogram is still shallow, suggesting limited momentum. However, the $13.30 zone remains an immediate resistance that must be broken for further upside.
To this end, if the bulls fail to push higher, the price may retest $13.00 or lower in the short term.
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