The post Chainlink Price Prediction After 24/5 Stock Data Launch: What’s Next For LINK? appeared on BitcoinEthereumNews.com. Chainlink (LINK) price is currentlyThe post Chainlink Price Prediction After 24/5 Stock Data Launch: What’s Next For LINK? appeared on BitcoinEthereumNews.com. Chainlink (LINK) price is currently

Chainlink Price Prediction After 24/5 Stock Data Launch: What’s Next For LINK?

Chainlink (LINK) price is currently holding above the $12 support level as the crypto market faces a significant pullback. 

In the past 24 hours, the crypto market fell by 3.8%, and this trend has been on the downward trend in the last one week by 2.65%.

Nevertheless, the introduction of 24/5 on-chain data feeds of U.S. stocks and ETFs by Chainlink recently may potentially open the path to a potential rally.

Despite the recent market struggles, LINK has still managed to gain 1% over the past month. Meanwhile, Bitcoin price crashed below the $90,000 mark, and Ether price remains under $3,000, reflecting broader market corrections. 

This decline can be partially explained by the reluctance of the U.S. Supreme Court to deliver the verdict on the Trump tariffs issue that has increased the risk of trade tensions between the U.S. and the European allies.

Consequently, investors are shifting their funds to safe-haven assets such as gold and more than $150 million in BTC long liquidation surpassed the selling pressure.

Chainlink has launched its 24/5 U.S. Equities and ETF data feeds, making the $80 trillion U.S. stock market accessible on-chain. These data feeds give real-time data on before-market, normal hours, after-hours, and overnight trading.

The service provides important information, such as the stock prices, bid/ask spreads, volume, and market status. The data is available in the 40-plus blockchains and is already utilized in Lighter, BitMEX, ApeX, and Orderly Network.

This new capability facilitates the work of a decentralized finance (DeFi), such as stock perpetuals, synthetic stocks, and prediction markets. It plays a crucial role in the growth of mixing conventional finance with blockchain that expands the levels of transparency and enables new possibilities in DeFi.

The latest LINK price plunged to $12.31 as selling pressure intensified in the market.  The Relative Strength Index (RSI) stands at 21, showing that LINK is oversold.

The MACD also indicates a strongly negative value, with the value of MACD below the signal line. At present, Chainlink price experiences a heavy resistance at the prices of $14 and $15. These levels have, in the past, been a major obstacle to upward mobility.

If the Future Chainlink outlook manages to hold support at $12, it could aim to test these resistance zones again. A breakout above $13 would be significant to cause a bullish reversal. In case the price does not support at $12, there is more room to go down to $11.20.

Source: LNK/USD 4-hour chart: Tradingview

To sum up, Chainlink price has a bright future as it introduces 24/5 U.S. stock data feeds, which may lead to the further adoption of DeFi and transparency. Although LINK is facing market challenges at the moment, the situation of overselling implies that the company can experience a recovery in the near future, as long as it can be supported over the next few weeks.

Source: https://coingape.com/markets/chainlink-price-prediction-after-24-5-stock-data-launch-whats-next-for-link/

Market Opportunity
Union Logo
Union Price(U)
$0.001581
$0.001581$0.001581
+1.86%
USD
Union (U) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

⁉️ Epstein, a convicted pedo, invested in Coinbase

⁉️ Epstein, a convicted pedo, invested in Coinbase

The post ⁉️ Epstein, a convicted pedo, invested in Coinbase appeared on BitcoinEthereumNews.com. The latest Epstein Files release has placed a variety of powerful
Share
BitcoinEthereumNews2026/02/07 04:07
North America Sees $2.3T in Crypto

North America Sees $2.3T in Crypto

The post North America Sees $2.3T in Crypto appeared on BitcoinEthereumNews.com. Key Notes North America received $2.3 trillion in crypto value between July 2024 and June 2025, representing 26% of global activity. Tokenized U.S. treasuries saw assets under management (AUM) grow from $2 billion to over $7 billion in the last twelve months. U.S.-listed Bitcoin ETFs now account for over $120 billion in AUM, signaling strong institutional demand for the asset. . North America has established itself as a major center for cryptocurrency activity, with significant transaction volumes recorded over the past year. The region’s growth highlights an increasing institutional and retail interest in digital assets, particularly within the United States. According to a new report from blockchain analytics firm Chainalysis published on September 17, North America received $2.3 trillion in cryptocurrency value between July 2024 and June 2025. This volume represents 26% of all global transaction activity during that period. The report suggests this activity was influenced by a more favorable regulatory outlook and institutional trading strategies. A peak in monthly value was recorded in December 2024, when an estimated $244 billion was transferred in a single month. ETFs and Tokenization Drive Adoption The rise of spot Bitcoin BTC $115 760 24h volatility: 0.5% Market cap: $2.30 T Vol. 24h: $43.60 B ETFs has been a significant factor in the market’s expansion. U.S.-listed Bitcoin ETFs now hold over $120 billion in assets under management (AUM), making up a large portion of the roughly $180 billion held globally. The strong demand is reflected in a recent resumption of inflows, although the products are not without their detractors, with author Robert Kiyosaki calling ETFs “for losers.” The market for tokenized real-world assets also saw notable growth. While funds holding tokenized U.S. treasuries expanded their AUM from approximately $2 billion to more than $7 billion, the trend is expanding into other asset classes.…
Share
BitcoinEthereumNews2025/09/18 02:07
Solana Crashes Below $100: Could $73 Be the Next Key Support?

Solana Crashes Below $100: Could $73 Be the Next Key Support?

Solana (SOL) slipped to $85.73 on Friday, February 6, 2026, marking a 26.49% decline over the past week, according to CoinMarketCap data. Trading volume surged
Share
Tronweekly2026/02/07 04:30