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CoinOtag 2026-01-01 19:14:23

Chainlink Price May Stay Range-Bound Near $12 Amid Fading Whale Demand

Chainlink price shows technical compression near $12 with fading momentum due to weaker whale demand and muted trading volume. After an ABC corrective decline from December highs to $11.8 support, it remains range-bound, awaiting confirmation above $13.80 or below $11.80. Chainlink price consolidates sideways post-recovery from $11.8–$11.9 lows, aligning with 78.6%–88.7% Fibonacci retracement. Technical resistance [...]

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