LINK Drops 4% as Chainlink ETF News Fails to Push Break of Technical Resistance

The value of LINK, the cryptocurrency associated with Chainlink, has experienced a decline of 4% in market trading. This downturn comes after recent news surrounding the launch of a Chainlink exchange-traded fund (ETF), which many investors had hoped would propel the price beyond a significant level of technical resistance. However, despite the optimistic sentiment surrounding the ETF announcement, the anticipated push to break through this critical price barrier did not materialize, leading to the observed drop in LINK's value. source: https://www.coindesk.com/markets/2025/11/12/link-drops-4-as-chainlink-etf-news-fails-to-push-break-of-technical-resistance