The post Chainlink Price Analysis: When Will LINK Retest $19? appeared first on Coinpedia Fintech News
On-chain data analysis shows the overall demand for Chainlink by whale investors has gradually increased in the last week.
LINK price has depicted a high correlation with BTC price in the past 30 days, amid rising bullish sentiment.
Chainlink (LINK) price has been battling short-term bearish sentiment after recording an impressive bullish breakout in April 2025. The mid-cap altcoin, with a fully diluted valuation of about $13.4 billion and a 24-hour average trading volume of about $261 million, had dropped around 9 percent in the last seven days to trade at $13.43 on Tuesday, May 6, during the late North American trading session.
However, the gradual rebound of LINK’s Futures Open Interest (OI) to about $583 million at the time of this writing, signals the rerun of robust bullish sentiment.
Robust Fundamentals for Chainlink Network
The Chainlink Network has grown si
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