AVAX and LINK Extend Weekly Losses as Key Technical Levels Come Into View
Crypto Daily flags consolidation in Avalanche and a leverage-driven Chainlink pullback as traders assess nearby technical levels.
Crypto Daily flags consolidation in Avalanche and a leverage-driven Chainlink pullback as traders assess nearby technical levels. Chainlink (LINK) is trading at $10.72. This is an original TLT brief based on reporting by Crypto Daily, with live market data added, as of Sun, 08 Nov 2026 08:30:04 UTC.
The moves place AVAX near $8 and LINK around $10.87, levels that could shape near-term momentum after a leverage flush. The wider crypto market remains flat, so the weakness is concentrated in these two assets rather than broad-based.
- AVAX trades at $8.18 after falling 8.12% over seven days.
- LINK stands at $10.73, down 8.63% over seven days.
- Crypto Daily highlighted $10.87 as Chainlink’s key swing point.
- Avalanche TVL is $135.61 million, up 0.8% over seven days.
- SHIB rebounds from October selloff as technical levels come into focus
- AVAX and LINK Extend Weekly Losses as Key Technical Levels Come Into View — this brief
Crypto Daily highlighted a consolidation phase in 
Avalanche while 
Chainlink approached a weekly technical swing point following a leverage flush. The outlet framed the setup as one that could expose Avalanche to a larger decline if the consolidation fails, with its headline pointing to a possible 15% drop. That 15% figure is Crypto Daily’s analytical framing rather than a confirmed outcome.
Live pricing places AVAX at $8.18, consistent with the outlet’s description of the asset hovering just above $8. Chainlink is quoted at $10.73, close to the $10.87 swing point identified by Crypto Daily. Both assets have recorded substantial weekly losses: AVAX is down 8.12% and LINK is down 8.63%, while their respective 24-hour declines stand at 2.06% and 1.44%.
Avalanche’s on-chain position provides a contrasting fundamental indicator. DeFiLlama reports AVAX total value locked at $135.61 million, up 0.8% over seven days, even as the token’s market price fell during the same period. LINK’s market capitalization is $8.23 billion, compared with $3.64 billion for AVAX.
The broader market appears comparatively stable. Total crypto market capitalization is $2.61 trillion, the overall market is flat, and 
Bitcoin is down 0.24% over 24 hours. The Fear & Greed Index stands at 28, within the “Fear” range. The immediate focus remains on whether AVAX can remain above $8 and whether LINK can regain its highlighted $10.87 swing point, without implying a direction for either move.
Since this brief published about 26 hours ago, Chainlink (LINK) has moved from $10.73 to $10.72 — -0.09%.
The chart plots LINK's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 LINK ≈ ₦14,776.98 (about $10.72), down 1.3% over 24 hours. The naira itself trades about 2.3% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · November 8, 2026.
TLT reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
AVAX and LINK Extend Weekly Losses as Key Technical Levels C — questions & answers
What levels did Crypto Daily highlight for AVAX and LINK?
Crypto Daily described AVAX as hovering just above $8 and identified $10.87 as a weekly swing point for LINK. Live prices are $8.18 for AVAX and $10.73 for LINK.
How much have AVAX and LINK fallen this week?
AVAX is down 8.12% over seven days, while LINK has fallen 8.63%. Over 24 hours, the declines are 2.06% and 1.44%, respectively.
What does Avalanche’s TVL indicate during the price decline?
DeFiLlama reports AVAX TVL of $135.61 million, up 0.8% over seven days. That is an increase despite AVAX’s 8.12% weekly price decline.
How much is 1 Chainlink worth in naira today?
About ₦14,776.98 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $10.72. The naira price moves with both LINK's US-dollar price and the USDT/NGN rate; use our Chainlink in naira page for any amount.
Has Chainlink's price moved since this brief was published?
LINK is down 0.09% since this brief first published — trading at $10.72 now versus $10.73 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from Crypto Daily. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.