{"id":27905,"date":"2026-03-31T15:07:00","date_gmt":"2026-03-31T14:07:00","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=27905"},"modified":"2026-03-31T16:17:15","modified_gmt":"2026-03-31T15:17:15","slug":"chainlink-link-bottom-analysis","status":"publish","type":"post","link":"https:\/\/investx.fr\/en\/crypto-news\/chainlink-link-bottom-analysis\/","title":{"rendered":"2 reasons why Chainlink (LINK) might be bottoming out"},"content":{"rendered":"\n
The cryptocurrency market is going through a turbulent patch, but Chainlink<\/a> (LINK) refuses to capitulate. Currently trading around $8.76<\/strong>, the asset has recorded a 3.47%<\/strong> bounce over the last 24 hours. This recovery comes after a grueling bearish<\/strong> streak of four consecutive days.<\/p>\n\n\n\n However, behind this apparent price weakness, the story is much deeper. Technical analysis reveals that the token is following the same trend as in the previous cycle, with a bearish 1-week CVD divergence at the top and a bullish divergence appearing in the bottom accumulation<\/strong> zone.<\/p>\n\n\n\n Nevertheless, the ADX (Average Directional Index) indicator has dropped to 14.43, signaling a lack of directional momentum. This dead calm could merely be the prelude to a storm, especially since the network’s fundamentals remain solid.<\/p>\n\n\n\n Based on the previous cycle, LINK could remain in this price zone at the POC level for several months, until October 2026, before seeing a potential breakout.<\/strong><\/p>\n\n\n\n The primary reason for this optimism lies in on-chain data. A massive drop in exchange reserves has been recorded, with the withdrawal of 331,000 LINK<\/strong> in just 48 hours. Such a decrease in available supply is a classic signal of whale accumulation, drastically reducing selling pressure.<\/p>\n\n\n In the derivatives market, the trend is equally striking. The liquidation map shows a concentration of interest between $8.60<\/strong> and $8.83<\/strong>. Traders are heavily overleveraged to the upside, accumulating over $938,000<\/strong> in long positions compared to just $268,000 in short positions.<\/p>\n\n\n This glaring imbalance propels the Long\/Short ratio to 1.06, its highest level in a month. Speculators are betting heavily on a short-term rise, anticipating that the current retracement<\/strong> is merely a buying opportunity before the next impulse.<\/p>\n\n\n\n This imbalance also poses a risk<\/strong> of a rapid downward candle below $8 in order to liquidate these longs.<\/p>\n\n\n\n If the current momentum holds and the $8.19 support<\/strong> remains unbroken, Chainlink<\/strong> could validate an extremely bullish<\/strong> scenario. Technical projections suggest a potential jump of 14.50%,<\/strong> which would propel the price straight toward the major resistance<\/strong> at $10.08<\/strong>. Such a move would confirm the strength of the ascending channel. It would also liquidate a strong cluster of shorts, as indicated by the heatmap.<\/p>\n\n\n\n Conversely, a break below this critical level would invalidate the bullish structure and expose the token to a new correction toward the demand zone between $7 and $5<\/strong>. However, momentum indicators like the RSI<\/strong> or the MACD<\/strong> indicate that the bottom is closer than ever.<\/p>\n\n\n\n While massive withdrawals from exchanges and the fierce appetite of derivatives traders outline an explosive setup, the question remains. Is this the ideal time to position oneself before a new Chainlink rally<\/strong>, or does the market have one last bear trap in store for us?<\/p>\n\n\n\n To conclude, Chainlink (LINK)<\/strong> remains one of the most solid projects in the crypto ecosystem thanks to its essential role as a decentralized oracle. With its CCIP<\/strong> (Cross-Chain Interoperability Protocol), it facilitates secure transfers between blockchains and is rapidly gaining institutional adoption: Coinbase uses it for its wrapped assets, while Swift and several major banks (JPMorgan, UBS, etc.<\/strong>) are testing or deploying Chainlink-based solutions for real-world asset (RWA<\/strong>) tokenization and cross-border payments.<\/p>\n\n\n\n In the short term, LINK is suffering like most altcoins<\/strong> during this phase of Bitcoin dominance and massive dilution, but it stands out as a high-quality safe-haven infrastructure.<\/p>\n\n\n\n In the longer term (2027-2029), if the RWA narrative and interoperability explode with the next bull run, Chainlink has serious potential to break its ATH and target much higher zones, around $100<\/strong>, thanks to its real-world utility and dedicated technical community. It is therefore a conviction play rather than a short-term speculative trade.<\/p>\n\n\n\n Sources:<\/strong><\/p>\n\n\n\n Related Articles:<\/strong><\/p>\n\n\n\n Chainlink (LINK) is showing signs of strength despite recent dips. Discover 2 key reasons why a rally could be on the horizon. Read now!<\/p>\n","protected":false},"author":32,"featured_media":27904,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_yoast_wpseo_focuskw":"Chainlink LINK","_yoast_wpseo_title":"Chainlink (LINK) price: 2 reasons why a bottom could be near","_yoast_wpseo_metadesc":"Chainlink (LINK) is showing signs of strength despite recent dips. Discover 2 key reasons why a rally could be on the horizon. Read now!","footnotes":"","faq_titre":"","questions_frequentes":"","custom_permalink":"crypto-news\/chainlink-link-bottom-analysis"},"categories":[11,10],"tags":[],"class_list":["post-27905","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins","category-crypto-news"],"acf":[],"yoast_head":"\n
<\/figure>\n\n\n\nAre whales secretly accumulating LINK on a massive scale?<\/h2>\n\n\n\n


Can the Chainlink (LINK) price break the $10 resistance this year?<\/h2>\n\n\n\n
<\/figure>\n\n\n\nShould you buy?<\/h3>\n\n\n\n
\n
\n