Investment
Features
FeesSafety
Academy
More
Pluang+

Chainlink price dips nearly 5% amid cooling momentum despite new institutional products launch.

Technical Signals
07 Oct 2026
Crypto news
View Source
Neutral
Chainlink price dips nearly 5% amid cooling momentum despite new institutional products launch.

Chainlink's price fell about 4.74% to around $13.35, with a weekly loss of over 7%, as traders reacted to cooling momentum despite the launch of new institutional products like CCIP 2.0 and Fulcrum. While the token saw a roughly 24% price increase in September, new Ethereum-based LINK addresses grew less than 2%, indicating limited new user adoption on Ethereum. Analysts see resistance levels at $15–16 and support near $12, with Chainlink focusing on expanding institutional use through cross-chain financing and compliance tools. The market awaits whether these infrastructure advances will translate into sustained price recovery.

Chainlink is trading at Rp238,494 on Pluang, down 4.89% as of Oct 07, 2026 19:32 WIB, showing a similar decline to the article's reported 4.74% drop. The token's market cap stands at Rp179.25 trillion with a 24-hour trading volume of Rp5.74 trillion. Despite the recent price fall, Pluang users show a slight buying preference with 56% buy orders and a typical hold time of 63 days, indicating some investor confidence amid the price volatility.

More News (LINK)

Chainlink holds steady near $13.84 after update and eyes $15 resistance for next move

Chainlink holds steady near $13.84 after update and eyes $15 resistance for next move

Chainlink (LINK) is trading around $13.84 after pulling back from a brief surge above $15. The token maintains an ascending support line from August near $13, signaling ongoing bullish momentum. The network launched CCIP 2.0, enhancing security and s...

Technical Signals
Bullish
1 day ago
Chainlink's LINK token faces resistance near $14.60; surpassing it could target $15.60 next.

Chainlink's LINK token faces resistance near $14.60; surpassing it could target $15.60 next.

Chainlink's LINK token is encountering a resistance range between $14.15 and $14.60, with a potential upside target of $15.60 if it breaks above this level. Key support is identified at $13.58, and a drop below this could weaken the short-term outloo...

Technical Signals
Neutral
2 days ago
Chainlink rallies without typical exchange supply spike, eyes $14.40 with $13.80 as key support level.

Chainlink rallies without typical exchange supply spike, eyes $14.40 with $13.80 as key support level.

Chainlink (LINK) broke out of its $7-$10 range, rising above $15 before settling near $13.89. Unlike previous rallies, LINK's exchange reserves stayed steady around 124 million, near multi-year lows, suggesting limited selling pressure. The price is ...

Technical Signals
Bullish
2 days ago
Chainlink price rallies from $9 to $15.50 without typical exchange reserve spikes, signaling unique market behavior.

Chainlink price rallies from $9 to $15.50 without typical exchange reserve spikes, signaling unique market behavior.

Chainlink (LINK) broke out of a seven-month trading range between $7 and $10 in September, rallying from around $9 to a peak above $15.50 before pulling back slightly. Unlike previous rallies, this price surge was not accompanied by a sharp increase ...

Technical Signals
Bullish
3 days ago
Chainlink's LINK rises above $14, boosted by CCIP 2.0 launch and ETF inflows, up 18% YTD.

Chainlink's LINK rises above $14, boosted by CCIP 2.0 launch and ETF inflows, up 18% YTD.

Chainlink's token LINK traded at $14.44, gaining 0.95% recently and maintaining above $14, supported by a 10% rally after the CCIP 2.0 upgrade. ETFs tracking LINK saw $2.62 million inflows, pushing total assets to $244.34 million, about 2.27% of LINK...

Market News
Bullish
4 days ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App