{"id":47706,"date":"2025-02-18T13:00:08","date_gmt":"2025-02-18T13:00:08","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/analyst-predicts-a-high-volatility-move-is-imminent-for-chainlink-link\/"},"modified":"2025-02-18T13:00:08","modified_gmt":"2025-02-18T13:00:08","slug":"analyst-predicts-a-high-volatility-move-is-imminent-for-chainlink-link","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/analyst-predicts-a-high-volatility-move-is-imminent-for-chainlink-link\/","title":{"rendered":"Analyst predicts a high-volatility move is imminent for Chainlink (LINK)"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1675696473855-f084cd0e-5bf9-44f4-860d-f75f24eb5fac-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1675696473855-f084cd0e-5bf9-44f4-860d-f75f24eb5fac-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1675696473855-f084cd0e-5bf9-44f4-860d-f75f24eb5fac-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1675696473855-f084cd0e-5bf9-44f4-860d-f75f24eb5fac-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li>The Bollinger Bands indicator on Chainlink (LINK) is contracting predicting a major volatility phase could be imminent.<\/li>\n<li>High correlation with Bitcoin suggests LINK could decline further before a bullish move.<\/li>\n<li>Chainlink has witnessed a strong growth despite price drop with 22 new integrations.<\/li>\n<\/ul>\n<p>Chainlink (LINK) has been a focal point for traders and analysts alike since its sudden drop at the beginning of February.<\/p>\n<p>Since February 3, LINK has been oscillating between $17 and $22 with indicators signaling a possible breakout amid weeks of consolidation.<\/p>\n<h2>Bollinger Bands squeeze signaling a possible breakout<\/h2>\n<p>One of the most telling signs of an impending price shift for Chainlink has been the squeeze in its Bollinger Bands on the 12-hour chart.<\/p>\n<p>The Bollinger Bands technical indicator, which measures volatility, has tightened significantly around LINK\u2019s price, a pattern that historically precedes major market movements.<\/p>\n<p>As noted by prominent analyst Ali Martinez, this squeeze could mean that LINK is on the cusp of either a sharp rally or a significant drop, depending on the market\u2019s next move.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">The Bollinger Bands are squeezing on the <a href=\"https:\/\/twitter.com\/hashtag\/Chainlink?src=hash&amp;ref_src=twsrc%5Etfw\">#Chainlink<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24LINK&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$LINK<\/a> 12-hour chart, signaling that a high-volatility move could be imminent! <a href=\"https:\/\/t.co\/nP4yjvAnyK\">pic.twitter.com\/nP4yjvAnyK<\/a><\/p>\n<p>\u2014 Ali (@ali_charts) <a href=\"https:\/\/twitter.com\/ali_charts\/status\/1891511422359859443?ref_src=twsrc%5Etfw\">February 17, 2025<\/a><\/p>\n<\/blockquote>\n<h2>A surge in Chainlink (LINK) trading activity<\/h2>\n<p>The market has also witnessed a surge in LINK trading activity, with spot inflows and outflows showing active engagement from both bullish and bearish traders.<\/p>\n<p><a href=\"https:\/\/www.coinglass.com\/currencies\/LINK?type=spot\">Data from Coinglass<\/a> reveals fluctuations in LINK\u2019s net inflows and outflows, pointing to an increase in market activity.<\/p>\n<p><img loading=\"lazy\" fetchpriority=\"high\" decoding=\"async\" data-source=\"CoinJournal\" class=\"alignnone size-full wp-image-272151\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2025\/02\/Chainlink-net-inflow-and-outflow.jpg\" alt=\"Analyst predicts a high-volatility move is imminent for Chainlink (LINK)\" width=\"1578\" height=\"448\"\/><\/p>\n<p>This active trading, coupled with the Bollinger Bands squeeze, suggests that traders are positioning themselves for what they believe could be a significant market shift.<\/p>\n<p>While there is a surge in market activity, on-chain metrics from Santiment indicate a 78% drop in whale transactions since November, with these large holders controlling 67% of LINK\u2019s supply. This reduction in activity by significant players suggests a cooling off of buying pressure, which could exacerbate the downward price movement in the short term.<\/p>\n<p>However, with 59% of holders still in profit, there\u2019s underlying confidence in LINK\u2019s fundamentals.<\/p>\n<h2>Chainlink\u2019s correlation with Bitcoin<\/h2>\n<p>Interestingly, Chainlink maintains a 0.97 correlation with Bitcoin\u2019s price movements, according to IntoTheBlock\u2019s analysis.<\/p>\n<p>Given Bitcoin\u2019s current trajectory, which hints at a further correction towards the $92k support level, LINK is expected to follow suit, potentially experiencing another 30% decline before any rally towards its all-time high.<\/p>\n<p>This correlation underscores the interconnectedness of the crypto market, where major assets like Bitcoin can significantly influence the performance of others like LINK.<\/p>\n<h2>Chainlink network growth despite price drop<\/h2>\n<p>Despite the price correction phase, the <a href=\"https:\/\/coinjournal.net\/chainlink\/what-is-chainlink\/\">Chainlink network<\/a> has seen substantial growth with 22 new integrations across various blockchains like Arbitrum and Base. This expansion solidifies Chainlink\u2019s role as a leader in providing real-world asset tokenization through its reliable oracle services.<\/p>\n<p>The commitment to interoperability and practical use cases through products like Data Feeds and Cross-Chain Interoperability Protocol (CCIP) suggests a robust foundation for future growth.<\/p>\n<p>In addition, the re-election of Donald Trump, dubbed the first pro-crypto president, could ultimately push Chainlink (LINK) back on a bullish trend especially with its continued network expansion.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/analyst-predicts-a-high-volatility-move-is-imminent-for-chainlink-link\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) The Bollinger Bands indicator on Chainlink (LINK) is contracting predicting a major volatility phase could be imminent. High correlation with Bitcoin suggests LINK could decline further before a bullish move. Chainlink has witnessed a strong growth despite price drop with 22 [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":47707,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/47706"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=47706"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/47706\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/47707"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=47706"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=47706"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=47706"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}