Chainlink Price Prediction: Will LINK reclaim the $11.620?

Will LINK reclaim the $11.620 or slip toward the next support level?

This Chainlink price prediction begins with LINK trading under its broken early-November range, with the recent $10 level test now sitting overhead. Sellers keep pressing the price toward the lower line of a falling wedge, a narrowing pattern of lower highs and lower lows.

Chainlink Price Forecast: 24-Hour Snapshot

Per CoinGecko market data, LINK trades at $9.587, down 4.0% on the day. The 24-hour range spans $9.52 to $10.22.

Source: CoinGecko, captured Nov 14, 2026, 11:40 UTC

Market cap stands at $7.342B, and FDV, the value if every token were in circulation, reaches $9.5874B.

But a daily volume of $251.798M equals about 3.4% of market cap, so steady selling can push the price lower without a surge in trading.

LINK ETF Flows: $705.59K Outflow Hits Grayscale GLNK

Per SoSoValue ETF data, US spot LINK ETFs posted a $705.59K net outflow on the latest session. All of it came from Grayscale's GLNK, while Bitwise's CLNK saw no flow.

Source: SoSoValue, US LINK Spot ETF data for the Nov 13, 2026 session, captured Nov 14, 2026, 11:40 UTC

Cumulative net inflow, the running total of money added minus withdrawn, stands at $175.69M. Total net assets, the value of LINK the funds hold, reach $173.43M, or 2.27% of LINK market cap.

Two funds share those assets, with GLNK holding $123.32M and CLNK holding $50.11M.

Traders tracking the latest crypto news will note GLNK's outflow equals about 19% of the $3.75M traded. ETF data matters for any Chainlink price prediction this week.

LINK Liquidation Data: $1.20M in Longs Wiped Out in 24 Hours

Source: CoinGlass, LINK liquidations by window, captured Nov 14, 2026, 11:40 UTC

LINK liquidation data from CoinGlass Data shows $1.39M wiped out over 24 hours. Longs lost $1.20M of that, and shorts lost $183.70K.

Heavy selling at first glance, but the shorter windows say the pressure cooled fast. The 1h slice shows $3.97K and the 4h slice $6.60K.

But longs lost $910.32K in the 12h window, against $5.67K for shorts.

Long liquidations force sell orders into the market, which can push the price lower in thin moments. And shorts barely moved, so no squeeze is building.

LINK Open Interest Data: $429.79M Across Exchanges

Open interest is the total value of futures contracts still open. $LINK open interest totals $429.79M in the CoinGlass data, and most exchanges trimmed positions over 24 hours.

Source: CoinGlass, $LINK futures open interest by exchange, 24h, captured Nov 14, 2026, 11:40 UTC

Rising open interest during a drop means traders are adding positions, but only MEXC added here.

Futures volume totals $370.10M over 24 hours. Binance volume fell 15.6%, only KuCoin at +22.6% and WhiteBIT at +8.1% traded more than the prior day.

Source: CoinGlass, $LINK futures volume by exchange, 24h, captured Nov 14, 2026, 11:40 UTC

For this Chainlink price prediction, falling open interest and falling volume mean traders are exiting rather than adding bets.

Chainlink Technical Analysis: 50 EMA and RSI Levels

The Binance 4H chart for $LINK/USDT on TradingView frames this Chainlink price prediction. An early-November rally pushed $LINK up to the $11.620 resistance level before sellers took control.

Source: TradingView, $LINK/USDT, captured Nov 14, 2026, 11:40 UTC

One heavy red candle wiped out most of the rally. After that, LINK settled into a range, a sideways band held between a support level at $10.132 and a resistance level at $10.651.

A support level is where buyers tend to step in, and a resistance level is where sellers tend to cap gains. Buyers tried twice to reclaim $10.651 and failed both times.

The price broke down through $10.132 as the long liquidation flush forced longs out, and the old support level flipped into a resistance level. Trapped buyers now sell into bounces there.

From there, the price slid inside a falling wedge, a pattern of lower highs and lower lows between narrowing lines. A break above the upper line signals a recovery, and a break below the lower line extends the drop.

Right now, $LINK trades above the $9.431 support level, below the $10.132 resistance level and below the $10.350 50 EMA level too.

The 50 EMA  sits at $10.350. The EMA sits 8.2% above $LINK's $9.587 price, and the latest candle trades below it.

The EMA is the cleanest bull trigger, and the broken $10.132 level sits near it. A real recovery needs a candle trading above both.

The $LINK RSI reads 33.62 on the 14-period setting. The reading sits under 50, so sellers hold the edge. It's also above 30, so oversold conditions haven't formed and the price has room to fall. Under 30 would mean selling has gone too far and a bounce is possible.

Chainlink Support and Resistance Levels

$LINK support levels sit at $9.431 and $9.070, where buyers need to step in. LINK resistance levels begin at $10.132, with the $10.350 50 EMA just above it.

Chainlink Price Forecast: Bull, Base, and Bear Scenarios

A regulatory delay could stall fund demand for $LINK. ETF flows could also flip, since GLNK already posted a $705.59K outflow. Technical invalidation would come fast, with a daily candle above $10.132 ending the bearish case.

Chainlink Price Prediction: Expert Outlook 

As per CoinGabbar analysis, this Chainlink price prediction leans bearish while the price trades below the $10.350 EMA level. The RSI at 33.62 shows sellers still hold the edge.

The falling wedge keeps a bounce possible, but the pattern only turns bullish once price breaks the upper line. A daily candle trading below $9.431 would confirm the breakdown and point to $9.070.

Disclaimer: This article is for information only and isn't financial advice. Traders should do their own research and risk only what they can afford to lose.