Among continuous volatility, LINK, the basic token of ChainLink, is preparing for a drop in price for the next few days. Based on the current price measures, prominent encryption experts share posts on X (previous Twitter) on April 10, 2025, suggesting that the link can turn to $ 7.50.
Expert at the upcoming level link
In the post on X, the expert stressed that the link seems to be testing the recent classification of the upward trend line after June 2023, which is valid only when the link price is maintained below the trend line. Otherwise, it will be invalidated.
Connect the current price momentum
In the press time, LINK has a $ 11.95 deal and has fallen more than 6% over the last 24 hours. During the same period, trading volume decreased by 40%, reducing the participation of traders and investors.
This reduction in trading volume has been caused by significant price fluctuations experienced by link holders and traders in the last 24 hours.
Chain Link (link) price measures and major levels
According to COINPEDIA’s technology and price analysis, the link is moving to a downward downtake pattern. The price has already faced resistance at the top of the pattern and is now heading to the lower limit. However, due to the general Bearish market sentiment, there will be disadvantages in the future.
Depending on the recent price momentum and historical patterns, if the link price is maintained below $ 13.25, it is likely to decrease by 20% to reach the $ 9.50 level. On the other hand, if the market feelings do not change and the price is less than $ 9.50, the next support link is $ 7.50.
On the other hand, if you close the candle of more than $ 13.25 and close the candle over $ 13.25, you will be able to rise from the wedge pattern.