Chainlink Could Dip to $15 Support Before Potential Rally, Onchain Data Indicates

• Chainlink’s rising channel suggests a near-term test of $15 support.

• On-chain data shows declining exchange reserves, pointing to investor accumulation.

• Holder accumulation ratio hit 98.9%, a record high indicating strong bullish conviction among addresses.

Discover Chainlink LINK price prediction: Why it may dip to $15 before rallying on strong on-chain metrics. Stay informed on crypto trends and secure your portfolio today. (142 characters)

What is the Chainlink (LINK) price prediction for late 2025?

Chainlink (LINK) price prediction for late 2025 points to a short-term decline toward the $15 level, driven by ongoing bearish pressure within a rising channel pattern. However, this support zone could trigger a significant rebound, supported by favorable on-chain indicators like reduced exchange supplies and heightened holder accumulation. Analysts anticipate a potential upside extension to $46 if broader market conditions align positively with Bitcoin’s performance.

Do on-chain metrics support a potential Chainlink rally?

On-chain metrics for Chainlink reveal a compelling case for an eventual rally despite recent price pressures. Exchange reserves for LINK have steadily decreased, reaching multi-year lows similar to those observed in Bitcoin and Ethereum, which typically signals accumulation rather than distribution. According to data from Glassnode, this outflow reflects investors moving tokens to secure storage, reducing available supply on trading platforms and fostering upward price potential over time. Expert analysis from crypto researcher Ali Martinez highlights that such patterns often precede recovery phases, especially when combined with technical channel supports. Short sentences underscore the bullish undertone: accumulation is accelerating, and large holders are increasing positions amid the dip.

Do onchain metrics support the idea of a Chainlink rally?

Source: Glassnode

The decline in LINK’s exchange balances is a key indicator of shifting investor behavior. This trend mirrors broader cryptocurrency movements, where reduced availability on exchanges often correlates with price stabilization and growth. Glassnode reports confirm that LINK’s reserves have not been this low since earlier market cycles, providing a foundation for optimism among long-term holders.

Frequently Asked Questions

Why might Chainlink (LINK) price dip to $15 in the near term?

Chainlink (LINK) could dip to $15 due to bearish momentum testing the lower boundary of its rising channel, as noted in technical analysis from Ali Martinez. This level served as prior support, and current market pressures from Bitcoin’s volatility may push prices lower before a reversal occurs. On-chain data supports viewing $15 as a buying opportunity rather than a breakdown point.

Can on-chain accumulation lead to a Chainlink price recovery?

Yes, on-chain accumulation can drive Chainlink’s price recovery, as evidenced by the holder accumulation ratio reaching 98.9%, the highest on record per Glassnode. This means most active addresses are net buyers, signaling strong confidence. When spoken aloud, it’s clear: investors are stacking LINK amid dips, positioning for gains as exchange outflows continue and market sentiment improves with Bitcoin’s trends.

Key Takeaways

• Potential dip to $15 support: Chainlink’s price is approaching the bottom of a rising channel, where historical lows suggest a strong bounce opportunity based on technical patterns.
• Declining exchange reserves: LINK balances on exchanges have hit multi-year lows, indicating accumulation similar to Bitcoin and Ethereum, which bodes well for future price appreciation.
• Record holder accumulation: With a 98.9% ratio, addresses are aggressively adding positions, a bullish signal that could propel LINK toward $46 if support holds.

Conclusion

In summary, the Chainlink (LINK) price prediction highlights a tactical dip to $15 as a probable near-term event, balanced by robust on-chain metrics like elevated holder accumulation and shrinking exchange supplies that underscore growing bullish conviction. As top addresses increase their stakes to nearly 80% of supply, per Glassnode insights, the stage is set for a potential rally. Investors should monitor Bitcoin’s trajectory and channel dynamics closely; positioning at key supports could yield substantial returns in the evolving crypto landscape.

Even before broader market turbulence intensified in October 2025, Chainlink exhibited signs of mounting bearish pressure. The $22 mark, once a solid support in September, flipped to resistance by early October, prompting further downside. Crypto analyst Ali Martinez, in a detailed post on X, illustrated this trajectory using a price chart aligned with the rising channel framework, emphasizing the $15 level as the next critical juncture.

In a post on X, crypto analyst Ali Martinez showed a LINK price chart to asset why the altcoin is likely to dip to $15 soon. The idea was based on a rising channel.

LINK was headed toward the bottom of the channel at $15, which would likely see a strong bullish reaction.

Source: Ali Charts on X

Martinez’s analysis posits that upon reaching $15, LINK could encounter substantial buying interest, potentially reversing the downtrend. This projection aligns with historical price behavior at channel lows, where bounces have materialized in past cycles.

Accumulation spikes to record levels

Delving deeper into on-chain dynamics, the holder accumulation ratio for LINK has skyrocketed to unprecedented heights. Glassnode data indicates this metric at 98.9%, implying that virtually every address adjusting its balance is accumulating rather than selling. Such uniformity in holder behavior is rare and typically heralds significant price upswings, as it demonstrates widespread confidence in Chainlink’s fundamentals and oracle network utility.

Source: Glassnode

Furthermore, Martinez’s outlook includes a measured extension to the 1.272 Fibonacci level around $46, contingent on the $15 support proving resilient. This target represents a substantial gain from current levels, underscoring the asymmetric risk-reward profile for patient investors.

Source: Glassnode

Adding to the positive narrative, the percentage of LINK supply controlled by the top 1% of addresses has risen steadily, from approximately 73% at the end of 2024 to close to 80% by October 2025. This concentration among major players signals unwavering commitment, even as prices have retraced over the last six weeks. Such developments reinforce Chainlink’s resilience and its pivotal role in decentralized finance, where reliable oracle services remain in high demand. As the market navigates volatility, these metrics position LINK favorably for a sustained recovery in the coming months.