#LINK: Chainlink Price News 21-12-2025 - What's Next for Chainlink? Detailed LINK Elliott Wave Price Analysis | Key Support Levels. Video by More #Crypto Online.
Chainlink (LINK) is trading at approximately $12.56 on December 21, 2025, reflecting a slight decrease in the last 24 hours amid broader market weakness and general negative technical sentiment. The price has been consolidating around key support levels, with various predictions for the near future.
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Key Insights
Current Price Action: LINK has seen some selling pressure, with current technical analysis indicating a generally bearish short-term sentiment. The price on December 21, 2025 opened at $12.55 and reached a high of $12.58.
Recent News: In mid-December, Coinbase announced it would use Chainlink's Cross-Chain Interoperability Protocol (CCIP) to power a $7 billion wrapped asset bridge, a major institutional endorsement for the protocol. However, the broader crypto market's macroeconomic concerns have weighed on the price, preventing a sustained rally from this news.
Support & Resistance: Key support is identified around the $11.61 level, while significant resistance exists at the $14.50 mark. A breakout above the resistance level with increased volume could signal a change in momentum.
Analyst Predictions: Short-term predictions for the end of December 2025 vary, with some analysts forecasting a potential target around $20.50 if resistance is broken, while more conservative outlooks suggest the price may stay within a range of $12.39 to $12.87.
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