AVAX and LINK Near Key Levels After a Leverage-Flush Selloff
Avalanche and Chainlink are trading below the levels highlighted in the latest technical analysis as broader crypto conditions remain subdued.
Avalanche and Chainlink are trading below the levels highlighted in the latest technical analysis as broader crypto conditions remain subdued. Chainlink (LINK) is trading at ₹1,009 ($10.72), down 0.3% since this brief published. This is an original Token Times brief based on reporting by Crypto Daily, with live market data added, as of Sun, 08 Nov 2026 07:00:01 UTC.
The drawdown has put Avalanche and Chainlink near the support areas highlighted by Crypto Daily, while Avalanche’s reported TVL growth shows network capitalisation moving differently from AVAX’s price.
- AVAX traded at $8.17, down 1.73% over 24 hours and 5.74% over seven days.
- LINK traded at $10.75, down 0.39% over 24 hours and 7.15% over seven days.
- Crypto Daily highlighted $8 for AVAX and $10.87 for LINK after a leverage flush.
- DeFiLlama reported Avalanche TVL of $135.67 million, up 1.5% over seven days.
- Chainlink Gains Support as AVAX Faces Resistance at Key Levels
- AVAX and LINK Near Key Levels After a Leverage-Flush Selloff — this brief
Crypto Daily’s latest market note places 
Avalanche just above $8 and 
Chainlink close to a weekly swing point at $10.87 following a leverage-driven flush. The publication framed those prices as the levels that could determine the next directional move, although the live snapshot shows AVAX at $8.17 and LINK at $10.75.
Both assets have declined over the past week. AVAX is down 5.74% on a seven-day basis and 1.73% over 24 hours, while LINK has fallen 7.15% over seven days and 0.39% over 24 hours. Their respective market capitalisations stand at $3.64 billion and $8.24 billion, placing LINK at more than twice AVAX’s market value.
The broader market is comparatively stable, with total crypto capitalisation at $2.61 trillion and little overall movement. 
Bitcoin is down 0.07% over 24 hours, while the Fear & Greed index is at 28, indicating a fearful reading. 
JUST provides a contrasting seven-day performance, gaining 6.36% and rising 1.12% over 24 hours to $0.144143.
DeFiLlama reports Avalanche TVL of $135.67 million, up 1.5% over seven days despite AVAX’s price decline. That divergence gives the network’s on-chain capitalisation context beyond the token chart. The immediate variables to monitor are the cited $8 AVAX area, the $10.87 LINK level, and whether selling pressure or on-chain activity changes from current readings.
Since this brief published about 24 hours ago, Chainlink (LINK) has moved from ₹1,011.73$10.75 to ₹1,008.91$10.72 — -0.28%.
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 Token Times'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 ≈ ₹1,114.83 (about $10.72), down 1.2% over 24 hours. The rupee itself trades about 10.5% above the official rate on the P2P market, so a Indian 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.
Token Times 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 Near Key Levels After a Leverage-Flush Selloff — questions & answers
What levels did Crypto Daily highlight for AVAX and LINK?
Crypto Daily highlighted Avalanche near $8 and Chainlink near $10.87 as the levels determining their next moves after a leverage flush.
How have AVAX and LINK performed over seven days?
AVAX is down 5.74% and LINK is down 7.15% over seven days, according to the live market data.
Is Avalanche TVL rising despite AVAX’s decline?
Yes. DeFiLlama reports Avalanche TVL of $135.67 million, up 1.5% over seven days while AVAX fell 5.74%.
How much is 1 Chainlink worth in rupee today?
About ₹1,114.83 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $10.72. The rupee price moves with both LINK's US-dollar price and the USDT/INR rate; use our Chainlink in rupee page for any amount.
Has Chainlink's price moved since this brief was published?
LINK is down 0.28% since this brief first published — trading at ₹1,009 ($10.72) now versus ₹1,012 ($10.75) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times 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 Token Times 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.