Here's Why LINK Could Break Down | Credit: Hameem Sarwar
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Key Takeaways
Chainlink (LINK) is completing a bearish head-and-shoulders pattern.
The long-term Chainlink price prediction suggests that new lows are likely.
Can LINK initiate a bounce, or is the price doomed to fall to new lows?
Chainlink is flashing one of the most ominous technical setups traders watch for at market tops.
After a multi-year recovery rally, LINK is now forming a textbook bearish structure on the weekly chart, raising a critical question for investors: Is this just another pullback, or the start of a much deeper decline?
With momentum indicators rolling over and price compressing near key support, the next move could define Chainlink’s 2026 price prediction.
At the time, the LINK price ended a lengthy downward trend and was trading at single digits.
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However, once the LINK price breaks down, bears will take over and plunge the price to new lows.
Critical End to 2025
Chainlink is approaching a make-or-break moment.
The presence of a large head and shoulders pattern, combined with weakening RSI and MACD readings, suggests downside risk is growing fast.
If LINK breaks the $13 neckline, technical analysis predicts significantly lower prices.
That said, as long as short-term support holds, a relief bounce remains possible.
But unless Chainlink can reclaim resistance and invalidate its bearish structures, the broader trend favors sellers.
For now, LINK sits on a knife’s edge, and the subsequent breakdown or bounce is likely to decide whether this is a temporary scare or the start of a much larger move lower.
Disclaimer:
The information provided in this article is for informational purposes only. It is not intended to be, nor should it be construed as, financial advice. We do not make any warranties regarding the completeness, reliability, or accuracy of this information. All investments involve risk, and past performance does not guarantee future results. We recommend consulting a financial advisor before making any investment decisions.
Valdrin Tahiri is a cryptocurrency analyst and reporter at CCN, specializing in technical analysis with a focus on Elliott Wave theory, on-chain metrics, and fundamental research. He brings over seven years of experience in the crypto space as both a trader and writer.
He discovered cryptocurrencies in 2017 while earning his MSc in Financial Markets at the Barcelona School of Economics, which sparked a deep interest in blockchain and market dynamics. Since then, he’s contributed to top crypto outlets like BeInCrypto and CoinGape.
Valdrin also served as Community Manager of BeInCrypto’s Telegram group for three years, helping grow it into one of the largest crypto communities worldwide. His expertise in market structure and price patterns allows him to break down complex trends into clear, actionable insights.
He’s published thousands of articles covering altcoins, Bitcoin cycles, and macro trends.
