The Chainlink price today is trading around $21.25. This is after a big breakout from the $18.00 resistance zone earlier this month. This move was a clear break above several descending trendlines on the daily chart, which pushed LINK to test the $22.00 area before it stopped. The token is at a crucial decision point after the rally, with both market flows and momentum indicators giving mixed signals about what to do next.
Chainlink Price Forecast Table: August 13, 2025
| Indicator/Zone | Level / Signal |
| Chainlink price today | $21.25 |
| Resistance 1 | $22.00 |
| Resistance 2 | $22.98 (Fib 0.618) |
| Support 1 | $20.00 |
| Support 2 | $18.80 |
| EMA20 / EMA50 (4H) | $21.15 / $19.82 (Bullish alignment) |
| EMA100 / EMA200 (4H) | $18.80 / $17.71 |
| Bollinger Bands (4H) | $20.64 lower / $22.53 upper |
| Supertrend (4H) | Bullish above $20.07 |
| DMI (+DI/-DI) | 51.14 / 21.97 (Bullish but easing) |
| Spot Netflow (24h) | -$7.72M (profit-taking outflows) |
| Fib Key Levels (Weekly) | 0.5: $20.52 / 0.618: $22.98 / 0.786: $26.48 |
What’s Happening With Chainlink’s Price?
On the daily chart, LINK has climbed out of a multi-month downtrend channel, confirming a bullish structure shift with consecutive closes above $19.64 (LuxAlgo trendline resistance) and $18.09 (SR channel breakout). The breakout surged into the $21.70–$22.00 resistance This zone is located just below the 0.618 Fibonacci retracement level of $22.98, which is based on the high from November 2024. This region has historically triggered profit-taking, making it a significant hurdle for bulls.
The previous breakout zone around $19.60 is now support, and the $18.06 Fibonacci level adds to that support. If the price stays above $20.00 for a long time, the market structure will stay bullish. If it drops below $18.00, the breakout could be invalid.
Why Is The Chainlink Price Going Down Today?
A mix of technical and on-chain factors are to blame for the short-term drop. At $21.58, LINK is trading just below the midline of its Bollinger Bands on the 4-hour chart. The upper band resistance at $22.53 is keeping the price from going higher. The EMA20 ($21.15) and EMA50 ($19.82) are still pointing up, but the price has dropped slightly below EMA20, which could mean that momentum is slowing down.
Supertrend support on the 4-hour timeframe sits at $20.07, aligning closely with the first major liquidity pool visible on the daily Smart Money Concepts chart. DMI readings show +DI at 51.14, dropping from recent highs, while -DI rises to 21.97, indicating fading bullish pressure.
Spot market flows reinforce this cooling effect. The latest data shows a net outflow of $7.72 million from exchanges in the past 24 hours. While outflows typically reduce immediate sell pressure, the magnitude here signals traders locking in profits after the rally.
Price Indicators Signal Slowing Momentum
The weekly Fibonacci retracement shows that LINK is stuck just below the 0.618 level ($22.98) after getting back to the 0.5 retracement level at $20.52. From an SMC (Smart Money Concepts) perspective, price action confirms a Break of Structure (BOS) above the June swing high at $18.00, signaling a bullish continuation phase. The recent rally swept liquidity above prior equal highs (EQH) near $20.50 before printing a weak high at $22.00. This weak high indicates that the upside move may not be fully exhausted and could be targeted again if buyers defend lower supports.
Key demand zones appear at $16.00–$16.20 and $13.80–$14.20, where previous BOS and liquidity grabs occurred. As long as LINK trades above the most recent bullish CHoCH (Change of Character) around $18.00, the market structure remains bullish.
LINK Price Prediction: Short-Term Outlook (24h)
In the next 24 hours, the Chainlink price is likely to oscillate between $20.00 and $22.00 as traders decide whether to extend the rally or lock in gains. A bullish push through $22.00, confirmed with volume, could trigger a quick move to $22.98 and then $26.48 (Fib 0.786). On the downside, losing $20.00 would shift focus toward $18.80 and $18.06 support zones.
Because the DMI is getting weaker, the Bollinger Bands are getting narrower, and the price is flirting with the EMA20, LINK may need to consolidate for a short time before it can go up again. To stay ahead, bulls will want to see Supertrend support stay above $20.07.
Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
