Chainlink Breaks Below $14.50 Amid Broader Selloff; Reserve Adds 74K LINK Despite Losses

22 hours ago

Technical breakdown occurred contempt affirmative organization developments arsenic measurement surged during selloff

Nov 13, 2025, 6:55 p.m.

Chainlink’s LINK LINK$14.53 token extended its descent during Thursday, dropping astir 5% implicit the past 24 hours and breaking beneath $14.50 arsenic method sellers overpowered buyers.

LINK fell from $15.26 to $14.73 during the day, past continued lower, marking its weakest level since precocious October, CoinDesk information showed. The token underperformed the CoinDesk 5 Index, which declined 3.7% implicit the past 24 hours.

Trading measurement surged to 3.32 cardinal tokens, immoderate 118% supra the regular average, during the breakdown, confirming a decisive rejection of the $15.00–$15.26 absorption range, CoinDesk Research's method investigation exemplary said. A accelerated three‑wave liquidation cascade betwixt 17:05 and 17:41 UTC saw much than 360,000 tokens commercialized successful minutes, pushing LINK toward caller enactment adjacent $14.40 arsenic bearish momentum accelerated.

Even with the decline, onchain information shows continued protocol accumulation. The Chainlink Reserve purchased different 74,049 LINK connected Thursday, lifting full holdings supra 800,000 tokens, according to the reserve's dashboard. Its mean acquisition outgo sits adjacent $20, leaving the reserve astir 27% underwater.

With LINK slipping nether $14.50, traders present look a tighter hazard window: losing the $14.40–$14.50 portion could unfastened country toward $14.20, portion reclaiming $15.00 remains the threshold for stabilizing short‑term momentum.

Key method levels to watch

  • Support/Resistance: $14.40–$14.50 acts arsenic contiguous support; absorption sits astatine $15.00 and $15.26.
  • Volume Analysis: Breakdown measurement surged 118% supra average, signaling institutional‑driven merchantability pressure.
  • Chart Patterns: Clear trendline interruption confirms bearish reversal from caller highs.
  • Targets & Risk/Reward: Holding $14.40 keeps downside contained to $14.20; betterment requires a determination supra $15.26.

Disclaimer: Parts of this nonfiction were generated with the assistance of AI tools and reviewed by our editorial squad to guarantee accuracy and adherence to our standards. For much information, spot CoinDesk’s afloat AI Policy.

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