Chainlink in danger: price decline threatens – experts warn of 15% loss!

Chainlink in danger: price decline threatens – experts warn of 15% loss!

Chainlink (LINK) is under pressure as the token trades above $18.00 on Wednesday, October 15, 2025, registering a 10% decline since Monday. This bearish trend reinforces the bearish outlook for the token. Analysts warn that the situation could worsen further and Chainlink could potentially fall another 15% to $15.00 levels if buyers continue to wait. The volatile crypto market contributes to the fact that the LINK price could be under pressure for longer.

What was particularly noticeable was the massive deleveraging that Chainlink experienced on Friday, with $167 million in long positions and $16 million in short positions being liquidated. Although liquidations have decreased in recent days, the current volatility could lead to further losses. According to FXStreet, the futures open interest (OI) in the derivatives market is initially slightly at around Up $737 million before falling to $704 million. Sustained risk could put further pressure on OI and reinforce the bearish outlook.

Technical indicators and market sentiment

Technically, Chainlink is trading below critical moving averages: the 200-day EMA at $19.08, the 100-day EMA at $20.59, and the 50-day EMA at $21.40. This indicates continued bearish sentiment. The MACD indicator is signaling a sell signal despite the market rally since Friday, while the Relative Strength Index (RSI) is at 38, indicating increasing bearish momentum.

A decline of the token to $15.00 seems possible if the current technical situation does not improve. Nevertheless, there are hopes for a possible recovery. A pullback above $20.00 could be supported by dip buying. Important marks for Chainlink include the break above the 200-day EMA, 100-day EMA and 50-day EMA.

In an increasingly challenging market environment, it is crucial to keep an eye on market developments and technical indicators to make informed decisions.