The tumultuous year of 2025 has concluded, bringing relief to weary investors, and the new year begins on a positive note. Although Bitcoin’s upward movement has paused momentarily, its test at $98,000 was a promising indication. As we look ahead, the elimination of uncertainty around tariffs might further improve conditions. But what does the coming weekend hold for Chainlink (LINK), Avalanche (AVAX), and Shiba Inu (SHIB)?
Chainlink (LINK)
Chainlink stands out for its leading role in blockchain-based oracle services, yet the spotlight isn’t entirely on LINK Coin. Despite ETF approval offering a lucrative investment avenue for those interested in capitalizing on the company’s success, demand hasn’t surged dramatically. A total of $92 million in ETF inflows has been observed so far, but inflows on January 15th were capped at half a million dollars. A few million-dollar entries occur, but ETF inflows can cease for 2-3 days, hinting at a limited capital influx without widespread excitement. Investors with long-term outlooks have not yet seen LINK’s market value capture 1% in ETF channels.
LINK Coin dipped at $11.75 and rallied past $14. However, as Bitcoin retreated from $98,000, LINK also pulled back from its local resistance. This weekend, resistance tests are expected, or a retreat to $13 is possible, depending on overall market sentiment. The price movement for LINK Coin remains modest, as recent news hasn’t significantly impacted its chart.
AVAX and SHIB
Avalanche (AVAX) has made its presence felt in the real-world asset (RWA) space after a recent Galaxy partnership, stating its noteworthy participation. Token inflation significantly affected AVAX over the past few years, leading to its distinctive departure from Solana. This was somewhat anticipated during the years leading up to 2023, as double-digit inflation and weak adoption posed challenges for AVAX.
With a refusal at $14.6, AVAX sits again at $13.5 support. Despite intensifying competition within the Layer1 domain, interest in Avalanche remains subdued, and a deeper test might occur at $12.3. Considering the swift decline seen yesterday, a move to deeper lows may require Bitcoin to breach $94,000.
Following a year-long decline, Shiba Inu (SHIB) bottomed out at $0.00000693 and experienced a commendable surge in the new year. Although beginning to form lower lows again is concerning, SHIB currently holds a favorable position above the $0.00000829 support level and may return to $0.00000897.
