Chainlink Trades in a Tight $13–$26 Zone as Analysts Await Breakout Confirmation

Chainlink trades within a $13–$26 symmetrical triangle, signaling an upcoming decisive market move.

Analysts note strong accumulation between $13 and $18 as volatility compresses toward the 2026 apex.

Bitwise’s CLNK ETF listing boosts institutional interest while LINK awaits breakout from its long-term range.

Chainlink (LINK) continues to trade within a narrow consolidation range between $13 and $26, forming a symmetrical triangle on higher timeframes. Analysts describe this zone as a “no-trade” area, suggesting the next major market movement will occur once the price decisively breaks above or below this range. At the time of writing, Chainlink was trading at $15.10.

Chainlink Consolidates Within Symmetrical Triangle Pattern

Ali Charts, a well known market analyst noted that the Chainlink weekly chart shows a symmetrical triangle pattern formed by converging trendlines. The upper boundary connects lower highs since mid-2022, while the lower boundary aligns with higher lows. Price action demonstrates gradual volatility compression as LINK approaches the apex of the formation into 2026.

The range between $13 and $26 has acted as a neutral trading zone, where buyers and sellers maintain balance. The lower boundary near $13 has provided strong support, while resistance near $26 has repeatedly capped upward moves. Market activity remains subdued, reflecting investor caution as price trades near $16.09.

Source: RickBarber(X)

According to Rick Barber, LINK’s three-day chart also displays a symmetrical triangle, with price positioned near ascending support around $15.87. He noted that “volume profile data indicates strong accumulation between $13 and $18,” suggesting ongoing interest despite limited volatility. Oscillators remain neutral, showing mid-range momentum without clear direction.

Bitwise Chainlink ETF Listing Adds Institutional Interest

Chainlink gained attention after Bitwise listed its Chainlink ETF under the ticker CLNK on the DTCC pre-launch list. According to reports, this step confirms operational readiness for custody and settlement but does not indicate SEC approval yet. The listing is viewed as a procedural milestone ahead of a potential market launch.

The development has fueled optimism in the crypto community about increased institutional exposure to LINK. If approved, the ETF would allow broader access for both retail and institutional investors

Analysts believe that a confirmed breakout above $26 could attract stronger buying momentum, while a move below $13 might trigger renewed selling pressure. Traders continue to monitor Chainlink’s tightening structure closely, as the next major price move is expected once LINK exits the $13–$26 range.

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