Chainlink price Elliot Wave points to a rebound as catalysts mount

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Jan 17

Chainlink price remained in a narrow range this year, but the Elliot Wave pattern points to a rebound amid rising catalysts. Summary Chainlink price has remained in a narrow range this year. The ...

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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChainlink price Elliot Wave points to a rebound as catalysts mount\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-01-17 00:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://crypto.news/chainlink-price-elliot-wave-points-to-a-rebound/><strong>cryptonews</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Chainlink price remained in a narrow range this year, but the Elliot Wave pattern points to a rebound amid rising catalysts.\n\n\nSummary\n\n\n\nChainlink price has remained in a narrow range this year.\nThe ...</p>\n\n<a href=\"https://crypto.news/chainlink-price-elliot-wave-points-to-a-rebound/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4157","symbol_name":"电子设备和仪器","start_time":0,"source_url":"https://crypto.news/chainlink-price-elliot-wave-points-to-a-rebound/","article_id":"2604799082","we_media_id":null,"thumbnails":[],"rights":{"source":"crypto_news_highlight","url":"https://crypto.news/chainlink-price-elliot-wave-points-to-a-rebound/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2604799082","pubTimestamp":1768579835,"columns":[],"sourceInfo":{"source_id":"crypto_news_highlight","name":"Crypto News"},"weMediaInfo":null,"summary":"Chainlink price remained in a narrow range this year, but the Elliot Wave pattern points to a rebound amid rising catalysts.Chainlink price has remained in a narrow range this year.The spot LINK ETFs have accumulated over $92 million in assets.The Elliott wave suggests that the coin has more upside.Chainlink  token was trading at $13.7 on Friday, down sharply from its highest point last year. Its market capitalization has moved to nearly $10 billion.LINK has several catalysts that may boost its performance in the near term. Bitwise launched the CLNK ETF this week, joining Bitwise’s GLNK fund. It has now gained over $2.5 million in inflows and nearly $5 million in assets.The two funds have accumulated over $66 million in inflows and have $92 milion in assets. These net assets are equivalent to 0.96% of the market cap, meaning that they have more room to go.Dogecoin bulls watch key inverse head-and-shoulders setup near resistance","collect":0,"end_time":0,"defaultTopTitle":"crypto.news","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4157":"电子设备和仪器","LINK":"Interlink Electrs Inc"},"translate_title":"随着催化剂的增加，Chainlink价格艾略特波浪预示着反弹","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"LINK":1},"content_text":"Chainlink price remained in a narrow range this year, but the Elliot Wave pattern points to a rebound amid rising catalysts.\n\n\nSummary\n\n\n\nChainlink price has remained in a narrow range this year.\nThe spot LINK ETFs have accumulated over $92 million in assets.\nThe Elliott wave suggests that the coin has more upside.\n\n\n\nChainlink (LINK) token was trading at $13.7 on Friday, down sharply from its highest point last year. Its market capitalization has moved to nearly $10 billion. \nLINK has several catalysts that may boost its performance in the near term. Bitwise launched the CLNK ETF this week, joining Bitwise’s GLNK fund. It has now gained over $2.5 million in inflows and nearly $5 million in assets. \nThe two funds have accumulated over $66 million in inflows and have $92 milion in assets. These net assets are equivalent to 0.96% of the market cap, meaning that they have more room to go.\nMeanwhile, CME Group, the biggest futures company in the United States, will launch LINK futures products. Such a launch will make it possible for more American investors to trade it with leverage.\nThe Strategic LINK Reserve has continued to accumulate assets. It now has 1.59 million LINK tokens worth $22 million, a figure that will likely continue growing over time. It added 82,057 coins this week.\nAll this is happening as the supply of LINK tokens in exchanges has continued moving downwards. Data compiled by CoinGlass shows that the supply has dropped to 120 million, down from last year’s high of nearly 160 million.\nChainllink price prediction: technical analysis \nLINK price chart | Source: crypto.news\nThe weekly chart shows that the LINK price has stalled in the past few weeks. This stalling happened near the lower side of the rising broadening wedge pattern, a common bullish continuation sign.\nAn Elliot Wave analysis shows that the token may be ripe for a bullish breakout in the near term. It recently completed forming the CD phase, which happened between December 2024 and November last year.\nTherefore, it may be about to start the DE phase, which is usually bullish. If this happens, the next key level to watch will be at $27, its highest level in August last year. Such a move would be a 100% jump above the current level.\nOn the other hand, a move below the lower side of the broadening wedge will invalidate the bullish outlook.\n\n\n\n\n\n                You might also like:\n            \n\n                Dogecoin bulls watch key inverse head-and-shoulders setup near resistance","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}