In this video I break down the long-term outlook for Chainlink and assess whether it can reach new all-time highs in the next market cycle. I provide a detailed Elliott Wave analysis to help you navigate the current price structure and identify key support and resistance zones while we remain in a complex sideways range. Video by More Crypto Online.
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As of August 8, 2026, Chainlink (LINK) is trading at approximately $8.23, representing a slight 24-hour decline of about 1.48%. The token remains locked in a tight consolidation range between $8.00 and $8.50, heavily influenced by broader macroeconomic uncertainty and a prevailing bearish market sentiment.
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-Sei Network Integration: Sei Network integrated institutional-grade price feeds to enable 24/7 tokenized stock trading.
-LBank Integration: LBank implemented Data Streams to settle prediction markets within minutes.
-Exchange Outflows: Data shows 1.26 million LINK withdrawn from exchanges recently, pointing to potential holder accumulation and conviction.
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