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Ethereum and Polkadot Rally, as LINK Emerges as the Best Crypto to Buy – Price Prediction Sparks Excitement

Ethereum and Polkadot Rally, as LINK Emerges as the Best Crypto to Buy – Price Prediction Sparks Excitement

Cryptonewsland2025/10/15 22:03
By: by Yasmin
ETH-2.15%DOT-2.39%LINK-2.11%
  • Ethereum, Polkadot, and Chainlink each faced 3–5% daily losses, signaling a coordinated downturn across the altcoin sector. 
  • Trading activity dropped sharply across all three assets ETH (-27.46%), DOT (-36.31%), and LINK (-31.67%) indicating a broad reduction in market participation. 
  • While prices declined, each project’s core fundamentals remain solid Ethereum’s DeFi dominance, Polkadot’s cross-chain ecosystem, and Chainlink’s oracle utility 

Ethereum (ETH) , Polkadot (DOT), and Chainlink (LINK) reveal a synchronized decline across the altcoin market, reflecting broader selling pressure and weakening sentiment within the crypto sector. Each asset has recorded daily losses ranging between 3% and 5%, with trading volumes also contracting significantly—signaling cooling momentum following recent rallies.

Ethereum (ETH) Market Overview

Ethereum is currently trading at $3,954.08, down 3.62% over the last 24 hours, with a market cap of $477.25 billion. The chart shows ETH struggling to maintain upward traction after peaking above $500 billion in market value earlier in the session. Trading volume fell by 27.46%, indicating reduced activity as market participants turned defensive.

Ethereum and Polkadot Rally, as LINK Emerges as the Best Crypto to Buy – Price Prediction Sparks Excitement image 0 Ethereum and Polkadot Rally, as LINK Emerges as the Best Crypto to Buy – Price Prediction Sparks Excitement image 1

The downtrend began mid-session, with ETH losing momentum amid broader market weakness. The decline suggests short-term profit-taking following recent price gains, while the $4,000 level remains a critical psychological threshold for traders. If ETH fails to reclaim this level soon, the asset could retest near-term support around $3,900 before attempting a rebound.

Despite the pullback, Ethereum maintains strong network fundamentals and utility dominance in decentralized applications and DeFi activity. Market sentiment remains stable in the long term, but near-term volatility may persist due to macroeconomic factors and risk-sensitive positioning across major cryptocurrencies.

Polkadot (DOT) Price Performance

Polkadot is priced at $3.12, marking a 3.08% daily decline, with a market capitalization of $5.08 billion. The price action shows DOT trading within a defined downward channel, struggling to sustain gains above the $5.3 billion mark seen earlier in the day. The 36.31% drop in trading volume suggests reduced short-term participation and fading momentum among active traders.

Ethereum and Polkadot Rally, as LINK Emerges as the Best Crypto to Buy – Price Prediction Sparks Excitement image 2 Ethereum and Polkadot Rally, as LINK Emerges as the Best Crypto to Buy – Price Prediction Sparks Excitement image 3

The overall market structure indicates mild bearish continuation as DOT consolidates near its current levels. Support appears around the $3.00 mark, while resistance sits near $3.30. If sentiment improves, the token could attempt a short-term recovery, but sustained weakness across the altcoin sector may keep it range-bound.

Polkadot’s decline also reflects reduced interest in cross-chain and interoperability-focused projects amid tightening liquidity. Nonetheless, the protocol’s strong technical foundation and growing parachain ecosystem continue to support its long-term value proposition.

Chainlink (LINK) Market Sentiment

Chainlink trades at $17.94, down 5.03% in the past day, with a market cap of $12.16 billion. The price chart highlights a steady downward trajectory throughout the session, as LINK fell from near $13 billion in market value earlier in the day. Daily trading volume dropped 31.67%, reinforcing the narrative of cooling market momentum and declining speculative interest.

Ethereum and Polkadot Rally, as LINK Emerges as the Best Crypto to Buy – Price Prediction Sparks Excitement image 4 Ethereum and Polkadot Rally, as LINK Emerges as the Best Crypto to Buy – Price Prediction Sparks Excitement image 5

Despite the correction, Chainlink remains one of the most active oracle networks, underpinning data integration across decentralized applications. The token’s 7.75% volume-to-market cap ratio suggests consistent engagement, even as prices decline. However, the market may require a resurgence in risk appetite before LINK can regain upward momentum.

Technically, LINK faces short-term resistance near $18.50 and support around $17.50. Holding above this support could prevent deeper losses, while a rebound toward $19 may signal renewed buying interest.

Overall Analysis

Ethereum, Polkadot, and Chainlink all exhibit correlated declines, underscoring broad-based weakness in the altcoin segment. The uniform drop in prices and volumes points to market-wide profit-taking rather than project-specific issues. Despite the temporary downturn, each asset remains supported by strong fundamentals—suggesting that current weakness may represent a consolidation phase before the next potential recovery wave.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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