ChainLink Nears $15 Support Amid Deepening Bearish Momentum and Selling Pressure

• LINK experiences 46% decline from September 2025 peaks, driven by heavy distribution near $15 support.

• Technical indicators such as MACD show negative histogram and bearish crossover, signaling sustained downward momentum.

• RSI at 34.02 approaches oversold levels, with trading volume spiking to 5.42 million LINK, indicating strong selloff activity.

Discover why ChainLink price is dropping to $15 in 2025 amid bearish trends and key support tests. Explore technical analysis and market levels for informed trading decisions—stay updated on LINK’s future moves today.

What is Causing the ChainLink Price Drop in November 2025?

ChainLink price is under heavy selling pressure, trading at $15.12 as of November 4, 2025, down 0.85% for the day. This decline stems from aggressive distribution following a 46% drop from September highs near $28, with momentum indicators like MACD and RSI confirming bearish trends across timeframes. The session opened at $15.25, hit a high of $15.51, and a low of $14.52, with volume at 5.42 million LINK signaling capitulation.

How Are Momentum Indicators Influencing ChainLink’s Current Market Position?

Momentum indicators are pivotal in assessing ChainLink’s trajectory amid the ongoing price correction. The MACD line remains well below the signal line, with a negative histogram reflecting deepening bearish sentiment and no immediate bullish divergences visible. According to data from Crypto Rank, this setup indicates sustained weakness, as the indicator has not shown signs of reversal.

Similarly, the RSI has declined from 41.68 to 34.02, edging closer to oversold territory without stabilization. This drop aligns with increased trading volume that exceeds earlier 2025 averages, underscoring strong selling activity. Experts note that such readings often precede potential bounces if support holds, but current patterns suggest continued pressure until key levels are breached or reclaimed.

Source: Crypto Rank

Volume spikes confirm the intensity of the selloff, as prices hover near the psychological $15 mark. A failure to hold $14.52 could accelerate declines toward $12–$13, levels last tested earlier in 2025. Conversely, resistance at $16.61 and the $18–$20 zone presents hurdles for any short-term recovery. Broader resistance at $28 echoes the double-top formation from prior peaks, per analysis from Dollarcurrency21.

The weekly LINK/USDT chart reveals a converging pattern from 2021 to 2026, with a descending red resistance line capping upside since early 2021, labeled as high-liquidity zones. An ascending green support line has contained downside since 2023, creating a tightening channel. Between 2022 and 2024, LINK built a base around $8–$12, where accumulation occurred during past cycles.

Source: Dollarcurrency21

High-supply areas between $28.78 and $53.00 act as formidable barriers for bullish moves. Trading remains confined within these narrowing boundaries, limiting volatility but heightening the risk of a decisive breakout or breakdown. Long-term, the structure hints at an accumulation phase transitioning to expansion, provided momentum flattens and support holds firm.

In the broader context, ChainLink’s role as a decentralized oracle network continues to underpin its utility in smart contracts, yet market sentiment remains cautious. Data from major exchanges shows consistent outflows, contributing to the price stagnation. Analysts from established platforms emphasize monitoring on-chain metrics, such as active addresses and transaction volumes, which have dipped alongside price action.

Despite the bearish tilt, historical patterns suggest that prolonged consolidations often precede significant moves. For instance, similar setups in 2023 led to a 150% rally once support was validated. Current levels align with multi-year lows, potentially attracting value buyers if external factors like regulatory clarity or ecosystem adoption improve.

Frequently Asked Questions

What Are the Key Support and Resistance Levels for ChainLink Price in 2025?

ChainLink price faces immediate support at $14.52, with further downside to $12–$13 if breached. Resistance starts at $16.61, followed by $18–$20, and extends to $28 from prior highs. These levels, drawn from weekly charts, represent high-liquidity zones critical for directional bias.

Is ChainLink Price Oversold Based on RSI and MACD in November 2025?

Yes, ChainLink’s RSI at 34.02 nears oversold conditions below 30, while MACD’s negative histogram confirms bearish momentum without reversal signals. This combination suggests exhaustion in selling, potentially setting up for a rebound if volume eases and support holds at $15.

Key Takeaways

• Heavy Selling Pressure Dominates: LINK’s 46% drop from September 2025 highs reflects aggressive distribution, with volume confirming the trend.
• Bearish Indicators Persist: MACD and RSI show no bullish divergence, keeping price pinned near $15 support amid converging chart patterns.
• Monitor Breakout Signals: A hold above $14.52 could target $16.61 resistance; below risks $12–$13, advising caution for traders.

Conclusion

The ChainLink price drop to $15 in November 2025 underscores deepening bearish momentum, with technical indicators like RSI and MACD reinforcing weakness near key supports. As distribution eases and liquidity zones are tested, a stabilization could signal the end of this correction phase. Investors should track volume and on-chain activity closely, positioning for potential recovery in the evolving crypto landscape.