The post Chainlink’s Price Is Forming A Bearish Pennant As LINK ETF Inflows Decline appeared first on Coinpedia Fintech News
Chainlink has continued to be one of the prominent names within the cryptocurrency space, with mentions during a time of elevated market sentiment related to decentralized oracle networks. In line with the cautions witnessed within the world of crypto news, related technological indicators are now reflecting a change in momentum.
Within this environment, investors are watching LINK closely, while also tracking emerging blockchain technology projects that focus on real-world utility. One such project is Remittix (RTX), which has continued to surface in crypto analysis discussions due to its payments-focused PayFi model and steady product rollout.
Chainlink Technical Structure Signals Caution
Chainlink is trading at a price of $13.30, registering a moderate gain of 0.19% within the day. Its market cap remains close to $9.39 billion, but its daily trading volume crashed by over 20% to $588.53 million. The reduced trading volume correlates with decreased market sentiments for LINK.
Analysis reveals that Chainlink is establishing a bear pennant formation. The cryptocurrency had reached a price of $11.74 on December 18. This activity established a finishing point on this downward momentum. Since this period, Chainlink seemed to be in a period of stagnation. Decreases in ETF inflows due to exposure to Chainlink also contributed.
Despite this, Chainlink has been in an accumulation phase ever since late November. Such trading action in a range shows that the longer-term investors are still participating in the market, despite the fact that the shorter-term traders are not actively participating in the market. A breakout from the range might just determine what the next level of the market will be.
Why Remittix Is Gaining Attention Alongside LINK
As Chainlink is trying to break past some technical resistances, Remittix has been developing with a different target. Remittix (RTX) is a PayFi cryptocurrency platform working to seamlessly integrate crypto with traditional finance by enabling fast cryptocurrency to fiat money transactions.
The value of one RTX token is currently set at $0.119, with over $28.6 million raised in private funding and more than 697.1 million tokens sold.
The Remittix Wallet is now live on the Apple App Store, with video demonstrations of the wallet in action have already been shared publicly, including this beta wallet preview. The full PayFi platform is scheduled to go live on 9 February 2026, as confirmed in the official Remittix announcement.
Key Remittix Highlights
- Crypto wallet live on iOS, with Google Play release pending
- PayFi platform launching on 9 February 2026
- Crypto-to-fiat transfers built directly into the ecosystem
- Audited smart contracts and verified team via CertiK
- Designed for payments, remittances, freelancers, and businesses
Remittix has also been running a very limited 200% bonus, capped at 5 million tokens. Recent activity shows that a significant portion of this allocation was taken within a single day, pointing to strong short-term demand without relying on speculative price forecasts.
Security remains a central focus. Remittix has completed a full audit and team verification with CertiK, ranking it at the top of CertiK’s pre-launch assessments. The audit details and team KYC can be reviewed directly on the CertiK security profile.
Where This Leaves the Market
Chainlink is an essential blockchain technologies asset, but its present market pattern indicates that there is indecision in the cryptocurrency market at this time as there are fewer ETF inflows and transactions.
However, Remittix is also a project that points out another trend that has been happening with the adoption of cryptocurrency. This is because Remittix is not trying to compete on stories alone, as its wallet is already out, and its platform is soon to be launched.
Discover the future of PayFi with Remittix by checking out their project here:
Website:https://remittix.io/
Socials:https://linktr.ee/remittix
Frequently Asked Questions
What Is The Best Crypto To Buy Now During Uncertain Market Conditions?
There is no single answer, but many crypto investors focus on assets with clear utility, audited contracts, and active development during periods of market volatility.
How Does Chainlink Impact The Broader Crypto Market?
Chainlink supports smart contracts by providing reliable data feeds, making it a key component of decentralized finance and Web3 infrastructure.
Why Are Some Investors Watching Remittix As A New Crypto Project?
Remittix is drawing attention due to its focus on crypto-to-fiat payments, a live wall a live wallet product, verified security audits, and a scheduled PayFi platform launch in early 2026.
