Chainlink price, just like other cryptos, has a habit of surprising traders, both on the way up and on the way down. According to Ali (@ali_charts), one of the clearest signals of a coming correction isn’t on the price chart itself. Instead, it shows up in social media chatter.
Ali explained that when positive sentiment spikes on platforms like X and Telegram, LINK often hits a local top shortly after. His chart shows this pattern repeating. For example, when optimism surged last December, LINK soon corrected by nearly 57%. Similar bursts of enthusiasm in March and May were followed by 37% and 49% drops.
Spikes in positive sentiment across social media towards Chainlink $LINK often mark local tops and steep corrections follow! pic.twitter.com/BNsqvpErSp
— Ali (@ali_charts) August 19, 2025
What this suggests is that the crowd’s excitement sometimes comes too late. By the time social sentiment peaks, much of the rally has already happened, leaving little room before a reversal kicks in. For traders, Ali’s insight is a reminder that social volume isn’t always fuel, sometimes it’s a warning light.
This naturally raises the question: is LINK price about to roll over again? Ali’s observation is useful, but the charts don’t yet confirm another sharp drop is coming. Price action tells its own story, and right now it’s not one of weakness.
MoonBitz Sees Strength in LINK Price Action
MoonBitz (@MoonBittz) offered a different view, pointing out that LINK is showing real strength rather than signs of a top. His analysis highlights four key factors: LINK is testing the $26 to $30 resistance zone, wallet growth is hitting yearly highs, Chainlink Data Streams are expanding into stocks and ETFs, and the chart is forming a rounded cup pattern with higher lows since June.
On his chart, LINK has carved out a large cup structure and is now pressing into the purple demand zone between $26 and $30.
This area acted as heavy resistance earlier in the year, but the steady higher lows suggest buyers are gaining control. The 50-day EMA, currently around $18.87, has held as strong support throughout the summer.
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MoonBitz also notes that if LINK breaks cleanly above $30, the technical setup could unlock a move toward $52. For him, the trend looks more bullish than bearish at this stage, especially given the fundamental growth around Chainlink’s ecosystem.
This tug-of-war shows that LINK’s path isn’t simple. Traders who only look at social buzz might prepare for another fall, while those focused on the chart may see a breakout in the making.
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