In the midst of continuous volatility, link, the native token of kin link, ready for a remarkable price decrease in the coming days. Based on the current price action, a prominent crypto expert today shared a message about X (formerly Twitter), April 10, 2025, which suggests that link to the level of $ 7.50 could be.
Expert views at the coming level
In a message about X, the expert emphasized that Link seems to be testing the recent breakdown of a rising trendline that has been in force since June 2023. This prediction will only be valid if the clutch price remains under the trend line; Otherwise it will be invalid.
Link the current price momentum
At the time of the press, it is traded in the vicinity of $ 11.95 and has registered a price drop of more than 6% in the last 24 hours. In the same period, trade volume fell by 40%, indicating a lower participation of traders and investors.
This decrease in trade volume may have been caused by the considerable price fluctuations that the link holders and traders have experienced over the past 24 hours.
Chainlink (link) Price promotion and key levels
According to the technical and price analysis of Coinpedia, link is in a downward trend in a falling wig pattern. The price has already experienced resistance at the upper limit of the pattern and is now going to the lower limit. Due to the prevailing Bearish market sentiment, the Neerwaartse Momentum is probably in the coming days.
Based on recent price momentum and historical patterns, if the clutch price remains below the level of $ 13.25, there is a strong possibility that it could fall by 20% to reach the level of $ 9.50. In the meantime, if the market sentiment remains unchanged and the price closes a daily candle below the level of $ 9.50, the following support can be tested at the level of $ 7.50.
On the other hand, if the link price breaks out of the falling wig pattern and a daily candle closes above the level of $ 13.25, a huge upward rally of 35% is also possible in the coming days.