Chainlink's LINK token rallied above $15 as spot inflows reached roughly $6 million, but repeated outflows accompanied the token's subsequent decline, leaving LINK to stabilize in the $14.1–$14.2 range in recent sessions.

Spot flow data covering September 22 to October 4 shows shifting capital activity as LINK struggles to regain its late-September highs following a strong inflow-driven rally. Such readings track the value of capital moving into and out of spot markets each hour, a measure commonly used to gauge short-term buying and selling pressure. The $14 level stands as near-term support, with $15–$15.5 forming the key resistance zone.

Investor Jordan Calls LINK the Most Undervalued Token

Investor Jordan described LINK as the most undervalued token, pointing to Chainlink's technology, growing corporate adoption, and the number of companies working with the network. Jordan said the market had not yet fully priced in what the network is becoming.

Chainlink operates a decentralized oracle network that connects blockchains to off-chain data such as market prices, with LINK serving as the network's native token — the technology and corporate adoption Jordan highlighted.

Inflows Drove the Late-September Advance

The one-hour spot inflow and outflow chart shows LINK trading around $12.8–$13.0 early in the observed period, before outflows accelerated. On September 23, outflows reached approximately $5 million as the token declined toward $12.

However, positive flows returned between September 24 and 28. The largest inflow totaled roughly $ million around September 28, alongside another spike near $4 million. These inflows coincided with LINK's advance toward the $15–$15.5 range.

Outflows Followed the Rally

LINK struggled to hold above $15 after its sharp advance, and the price subsequently retreated toward $14 while negative hourly flows appeared more frequently. Several outflow readings reached approximately $2 million to $3 million during the decline, and on October 2, another major outflow approached $4 million as LINK briefly fell toward $13.8–$14.0.

The repeated withdrawals followed the late-September inflows, during which LINK climbed from around $12 to above $15. The flow data records capital movements but does not independently identify the reasons behind each transaction.

LINK Holds Near $14 as Flows Moderate

More recently, LINK has stabilized and recovered modestly toward the $14.1–$14.2 range, while hourly inflows and outflows have become smaller and more balanced.

The $14 level now represents near-term support, with $15–$15.5 remaining the main resistance zone. Sustained inflows of approximately $1 million to $2 million could support renewed upward momentum, while persistent outflows could expose the $13–$13.5 range. The $14 zone has already shown some durability, holding after the October 2 dip toward $13.8–$14.0.

LINK's recent price stabilization follows the significant inflows and subsequent profit-taking recorded during the observed period.