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Chainlink (LINK) drops 17.7% from late-September high, trading near $13 amid mixed trend signals

Technical Signals
13 Oct 2026
Tokenpost
View Source
Neutral
Chainlink (LINK) drops 17.7% from late-September high, trading near $13 amid mixed trend signals

Chainlink (LINK) fell 17.7% from its late-September high of about $15.74, trading near $13 on October 13. The token remains above its 50-day and longer-term moving averages but below its 20-day average, indicating a weaker short-term trend. Key resistance is around $13.75 to $15.74, while support levels range from $12.59 down to about $10.50. LINK faces a critical decision point as it bounces over horizontal support and nears a local downtrend, with potential gains up to 27% to 51% if it breaks resistance levels.

Chainlink's LINK token shows a slight decline of 0.82% on Pluang, trading at Rp231.575 as of Oct 13, 2026 23:22 WIB. The market cap stands at Rp173.04 trillion with a 24-hour trading volume of Rp7.24 trillion, while most Pluang users (93%) are buying and holding LINK for an average of 63 days.

More News (LINK)

Chainlink price rebounds near $13, eyeing $16.50–$19.50 with key support at 50-day average.

Chainlink price rebounds near $13, eyeing $16.50–$19.50 with key support at 50-day average.

Chainlink's price has bounced back to around $13 after falling from its late-September high near $15.74, supported by the 50-day moving average at $12.59. Despite a recent correction, weekly buying pressure remains positive, and analysts see potentia...

Technical Signals
Neutral
5 hours ago
Chainlink (LINK) drops 3.05% as Binance futures open interest rises amid mixed market signals

Chainlink (LINK) drops 3.05% as Binance futures open interest rises amid mixed market signals

Chainlink (LINK) fell 3.05% to $13.08 while Binance futures open interest increased by 5.91% to about $110.2 million, indicating more derivatives activity despite a weaker spot price. The mixed signals leave uncertainty about whether traders are addi...

Technical Signals
Bearish
13 hours ago
Chainlink hosts Link:NYC event on Oct 29 targeting banks and institutions amid staking cooldown.

Chainlink hosts Link:NYC event on Oct 29 targeting banks and institutions amid staking cooldown.

Chainlink will hold its Link:NYC event on October 29 in New York, focusing on topics like institutional assets, interoperability, and stablecoins. The event targets banks, market infrastructure operators, and institutional investors, not developers, ...

Market News
Neutral
20 hours ago
Chainlink (LINK) rises nearly 5% but stays below key resistance levels around $13.70-$13.90

Chainlink (LINK) rises nearly 5% but stays below key resistance levels around $13.70-$13.90

Chainlink (LINK) increased by 4.91% to $13.49 on Binance spot trading but did not surpass resistance levels at $13.72 and $13.94. The token showed mixed momentum indicators and traded within a range of $12.84 to $13.51 during the session. Key support...

Technical Signals
Neutral
1 day ago
Chainlink's LINK token rebounds above $13 as large holders increase their share of supply.

Chainlink's LINK token rebounds above $13 as large holders increase their share of supply.

Chainlink's LINK token recovered to about $13.34 on October 12 after dipping to $12.09 the previous week. Notably, wallets holding between 1 million and 100 million LINK increased their share of the circulating supply to 65.6% from 65.38% on October ...

Technical Signals
Bullish
1 day ago
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