Can LINK hold $10.635 after a sharp wick shook out late longs? This Chainlink price prediction starts at $11.18, the CoinMarketCap reading at 09:00 UTC on November 4, 2026, and the bias stays
Can LINK hold $10.635 after a sharp wick shook out late longs?
This Chainlink price prediction starts at $11.18, the CoinMarketCap reading at 09:00 UTC on November 4, 2026, and the bias stays bearish below $11.376. Sellers still lead, though the rebound took some of their momentum, and the widerNovember 2026 view frames the month.
The LINK price today is $11.18, up 0.97% in 24 hours, at 09:00 UTC. The 24-hour range runs from $10.65 to $11.25.
Volume reads $296.03M, a 3.53% ratio to the $8.36B market cap, and rank holds at 14th. Circulating supply is 748.09M of 1B.
Price still trades 78.84% under the $52.88 all-time high, per CoinMarketCap data. But the 90-day gain of +37.04% hasn't vanished, even after a -21.77% month.
For 4 weeks, the price has stepped down a descending channel, two parallel lines sloping lower, from the $14 area toward the floor.
On the TradingView 4-hour chart, the latest dip tagged $10.65 and traded back to $11.125 by the next candle. RSI jumped from the low 30 to 48.24. And price now sits right on the 20 EMA at $11.199, an exponential moving average that weights recent trading more.
Overhead, the 50 EMA at $11.376 comes first, then the 100 EMA at $11.659. The 200 EMA waits far above at $12.008.
Bearish felt like the only read. Scratch that. A rebound this fast earns respect, so the call is bearish with a bounce path to $11.376 first.
LINK support and resistance are easy to read here. Buyers defend $10.635 first, 5.0% below spot, and the $10.273 wick low sits 8.2% down.
$9.825 waits 12.2% lower. If sellers reach it. Then the whole channel is broken.
Sellers wait at $11.262 overhead, just 0.6% away, then $11.963 at +6.9%. Beyond that, $12.809 sits 14.4% higher, near where an earlierchannel breakout attempt faded.
Fresh adoption news hit the feed. APAC equities streams just widened. Coverage now spans $40T+ of equity markets across China, Japan, South Korea, Taiwan, and Hong Kong.
TSMC, Tencent, Samsung, SK Hynix, and BYD are in the mix. Lighter and Jupiter already run the data, per theofficial APAC announcement.
Price barely flinched, up 0.97%, with spot volume thin at $83.06M.
A second post carried a Link:NYC panel clip. Speakers from Bitwise and Coinbase said CCIP, the cross-chain messaging protocol, matters for real-world finance because it splits confirming a transaction from executing it, perLink:NYC panel remarks.
Good for the story, weak as a trigger.
Longs paid the bill. Long liquidations and forced exits when a margin position runs out of funds hit $1.57M of the $1.64M wiped out in 24 hours, perCoinGlass LINK data.
In the last 4 hours, shorts took $40.27K of $41.65K, so the bounce squeezed a few. Open interest, the value of live futures contracts, sits at $544.32M.
Futures volume is $600.23M against $83.06M in spot. And Binance accounts run 1.8711 longs per short, and OKX 2.4, so crowded longs still carry risk below $11.028.
Chainlink ETF flows went quiet. Daily net inflow reads $0.00 in the latestSoSoValue ETF data, with cumulative inflow at $177.46M.
Net assets stand at $194.65M, 2.29% of market cap, with Grayscale's GLNK at $139.17M and Bitwise's CLNK at $55.48M. Nobody's selling. Nobody's buying either.
Etherscan holder data counts 915,417 holders. Whale wallets number 3,992, just 0.44% of holders, yet they hold 90.45% of the market cap tier.
The community staking pool holds 4.0876% of supply, and Binance cold wallets hold 5.65%.
Bitcoin trades at $78,324.42, up 2.08% in 24 hours, per CoinMarketCap data at 09:00 UTC. Volume rose 14.92% to $28.32B, a 1.82% ratio to the $1.57T market cap.
That lift matches the $LINK bounce, yet $LINK gained only 0.97%, so it's lagging. Altcoins rarely rally without Bitcoin, and a BTC slip would hit the $10.635 floor first.
This table covers the next 7 days to 30 days, set against the widermarket dip analysis where altcoins tend to follow Bitcoin lower.
Scenario
Trigger
Target
Invalidation
Liquidity Condition
Bullish
4-hour trading above $11.376, then $11.659
$11.963, then $12.008
Trading under $11.199 (20 EMA)
Volume above $296.03M, ETF inflows return
Base
Chop between $11.028 and $11.376
Range holds
Either edge breaks on volume
Volume near $296.03M, flat ETF flows
Bearish
4-hour trading under $10.635
$10.273, then $9.825
Reclaim of $11.376
Long liquidations rise, and spot outflows persist
Bearish is the lead call in this Chainlink price prediction. Price trades under 3 of the 4 EMAs, so every bounce meets sellers hunting a break-even exit. Above $11.376, though. Then the story shifts. So who's left to buy above $11.376?
The nearest Chainlink price target is $11.262, then the 50 EMA at $11.376. A 4-hour trade above $11.376 turns the bias neutral.
RSI at 48.24 has room both ways, unlike theRSI oversold breakdown setup. But below $10.635, then $10.273 arrives fast.
Dip buyers decide this stretch, as thereserve buy bounce showed. Bulls need a trade above $11.963 on rising volume to open at $12.008, the 200 EMA.
And a trade under $10.273 extends the -21.77% monthly slide toward $9.825.
Enterprise adoption, like theLG CNS partnership, feeds the story slowly. A hold above $12.008 opens $12.809, then $13.497, which sits 20.6% higher.
A 4-hour trade under $10.635 removes the floor.
Whale moves are the wildcard, a theme thewhale holder analysis covered. And a 4-hour trade above $12.008 with volume behind it is the only thing that flips this bearish Chainlink price prediction.
Disclaimer: This article is for information only and isn't financial advice. Crypto prices swing fast, and scenarios aren't guarantees. Research independently before any trade.
