Chainlink LINK Price Falls Another 16%: How Further Can it Drop?
Chainlink (LINK) is in the midst of a strong downspell, falling 16% in the past week. Analysts are worried that a further 15% drop could be ahead for the altcoin. The Chainlink (LINK) cryptocurrency has dropped significantly in 2025 so far, with bears sending the asset down 32% in the past month alone. After a solid end to 2024, investors were bullish on LINK entering the new year. However, the cryptocurrency has failed to pick up any steam. Currently, analysts suggest that a fall to $12.60 is possible if LINK drops below $15. Chainlink hasn’t fallen below $14 in 2025 yet, but might be on its way to doing so. As a result, even crypto whales are selling off their assets seemingly. According to Ali Charts, a crypto analyst on X, whales have moved nearly 610,000 Chainlink (LINK) tokens to exchanges in the past 24 hours, signaling increased selling pressure. The selloff prompted the asset to drop further this week, creating more worry around the altcoin amongst investors. How Much Fur...