{"id":50417,"date":"2025-04-09T09:55:10","date_gmt":"2025-04-09T09:55:10","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/chainlink-price-outlook-is-link-in-danger-of-crashing-to-7-50\/"},"modified":"2025-04-09T09:55:10","modified_gmt":"2025-04-09T09:55:10","slug":"chainlink-price-outlook-is-link-in-danger-of-crashing-to-7-50","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/chainlink-price-outlook-is-link-in-danger-of-crashing-to-7-50\/","title":{"rendered":"Chainlink price outlook: is LINK in danger of crashing to $7.50?"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<ul>\n<li>Chainlink price faces bearish pressure as markets crash on tariffs and trade war news.<\/li>\n<li>Could LINK crash to $7.50? An analyst suggests this is likely<\/li>\n<li>The prevailing market conditions do not help bulls in the short-term.<\/li>\n<\/ul>\n<p><a href=\"https:\/\/coinjournal.net\/chainlink\/\">Chainlink (LINK)<\/a> is facing significant bearish pressure, with a double digit dip in the past week seeing an analyst predict a potential crash to $7.50.<\/p>\n<p>This outlook for LINK aligns with broader market performance.<\/p>\n<p>With crypto and other risk assets markets choppy, Chainlink has accelerated its dump.<\/p>\n<p>Prevailing macroeconomic and geopolitical conditions have exacerbated the pain and do not favour bulls in the short-term.<\/p>\n<h2>Chainlink price today<\/h2>\n<p>Chainlink has already seen a sharp decline, shedding nearly 17% in a week.<\/p>\n<p>In the past two weeks, this altcoin has dumped nearly 30%, currently trading at approximately $11.28.<\/p>\n<p>As noted, this downward spiral comes amid broader market volatility, with tariffs and macroeconomic factors weighing heavily on cryptocurrencies. Bitcoin (BTC) and Ethereum (ETH) have also <a href=\"https:\/\/coinjournal.net\/news\/ethereum-plunges-as-donald-trumps-trade-war-batters-crypto-markets\/\">slumped heavily<\/a> in recent days.<\/p>\n<p>In that time, Chainlink&rsquo;s price has been in a notable downtrend, falling from highs of $16 on March 26, to about $10.21 on April 7, 2025.<\/p>\n<p>Despite bouncing off the support level, fresh profit taking has seen it hit resistance at $11.82.<\/p>\n<p>With the price struggling to find solid footing, crypto analyst Ali Martinez <a href=\"https:\/\/twitter.com\/ali_charts\/status\/1909805467418665109\" target=\"_blank\" rel=\"noopener\">says<\/a> LINK risks further dips.<\/p>\n<p>The deep correction, if markets plummet, could see Chainlink price fall below $10. An overall trend for the altcoin is one that mirrors risk assets &ndash; largely bearish.<\/p>\n<h2>Is LINK crashing to $7.50?<\/h2>\n<p>As Ali Martinez notes in a post on X, the outlook for Chainlink remains precarious.<\/p>\n<p>While markets can flip bullish with a shift in sentiment, the current predictions are more on the downside first before&nbsp; footing occurs.<\/p>\n<p><figure id=\"attachment_290349\" aria-describedby=\"caption-attachment-290349\" class=\"wp-caption alignnone\"><figcaption id=\"caption-attachment-290349\" class=\"wp-caption-text\">Chainlink price on chart by <a href=\"https:\/\/x.com\/ali_charts\/status\/1909805467418665109\" target=\"_blank\" rel=\"noopener\">Ali Martinez on X<\/a><\/figcaption><\/figure>\n<\/p>\n<p>Thus, LINK&rsquo;s dip below the trendline support and key Fibonacci retracement levels, suggests more pain could be devastating.<\/p>\n<p>Notably, Chainlink has already breached the 0.5 level.<\/p>\n<p>If it pierces the 0.618 level, a key threshold that traders often watch, it could mean a sharp drop below the psychological $10 mark.<\/p>\n<p>If selling pressure persists, the technical picture indicates a potential slip toward the 0.786 Fibonacci level, aligning with the $7.50 mark.<\/p>\n<p>Such a scenario means a staggering 35% decline from its current price just above $11.<\/p>\n<p>The lack of buyer momentum and the failure to reclaim the trend line will heighten the risk of this downward scenario unfolding.<\/p>\n<p>The level to watch remains the demand reload zone above $10. As well, important are events in the broader market.<\/p>\n<p>Recovery driven by BTC and ETH stabilizing above their key levels might offer LINK an upward thrust.<\/p>\n<p>The post <a href=\"https:\/\/coinjournal.net\/news\/chainlink-price-outlook-is-link-in-danger-of-crashing-to-7-50\/\">Chainlink price outlook: is LINK in danger of crashing to $7.50?<\/a> appeared first on <a href=\"https:\/\/coinjournal.net\">CoinJournal<\/a>.<\/p>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/chainlink-price-outlook-is-link-in-danger-of-crashing-to-7-50\/\">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 ) Chainlink price faces bearish pressure as markets crash on tariffs and trade war news. Could LINK crash to $7.50? An analyst suggests this is likely The prevailing market conditions do not help bulls in the short-term. Chainlink (LINK) is facing significant [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":50418,"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\/50417"}],"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\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=50417"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/50417\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/50418"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=50417"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=50417"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=50417"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}