Chainlink Bears Push Toward $12.50 As Weekend Volatility Looms
NewsBTCSunday, June 22, 2025 at 12:00:01 AM
Chainlink (LINK) is facing downward pressure, dipping close to a critical support level of $12.50 as traders brace for a potentially bumpy weekend. With thinner trading volumes typical of weekends, price swings could get wild, so investors should keep an eye on short-term volatility. Analysts suggest this zone might hint at LINK’s next big move—whether it bounces back or keeps sliding. Meanwhile, some are watching for signs of an oversold rebound, especially against Bitcoin (LINK/BTC).
Editor’s Note: For crypto traders, weekends can be tricky—liquidity dries up, and prices often swing harder on less volume. Chainlink’s test of $12.50 is a make-or-break moment; if it holds, bulls might regain footing, but a breakdown could mean more pain ahead. This isn’t just about LINK—it’s a snapshot of how altcoins are wrestling with market uncertainty right now. Whether you’re trading or just watching, this weekend could set the tone for the week ahead.
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