# Chainlink Price Falls 3.79% to $11.37 in 24-Hour Trading

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/46251
Published: 2026-11-02T08:59:26.000Z
Updated: 2026-11-02T08:59:26.000Z
Section: Investing

> LINK’s latest price was below the $18.40 resistance marker from earlier coverage of its five-year chart pattern.

Chainlink (LINK) traded at $11.37 at 3:50 a.m. ET (08:50 UTC) Nov. 2, down 3.79% over 24 hours. LINK remained below the $18.40 resistance line in [Don Wedge’s five-year triangle analysis](<https://www.tokenpost.com/news/investing/29749>).

Market analyst Don Wedge identified $18.40 as the descending edge of a five-year symmetrical triangle. LINK was also below $18.40 in the earlier price snapshots.

Chainlink’s decentralized oracle network supplies blockchain applications with agreed values drawn from outside data. LINK pays for Chainlink services and supports the network’s staking security.



## Links in this article

- [Don Wedge’s five-year triangle analysis](https://www.tokenpost.com/news/investing/29749)
