• Chainlink LINK drops 8% but maintains strength above $21, signaling resilience despite short-term bearish pressure.
• LTC faces heavy selling, with risks pointing toward $100 if momentum fails to recover soon.
• SUI loses 7.5% and tests $3.30 support, with downside risks looming if $3.20 breaks.

The cryptocurrency market showed heightened volatility this week as leading altcoins recorded sharp corrections across daily charts. Chainlink dropped steeply but maintained long-term resilience. faced strong selling pressure while SUI continued to struggle near support levels, reflecting mixed market momentum.

Chainlink Maintains Resilience Despite Steep Losses

Chainlink faced a sharp pullback as price dropped 8% to close near $21.16. The token had rallied from $11 to $28.83 earlier this year, but profit-taking has weighed heavily in recent sessions. Despite the decline, the broader structure continues to show signs of resilience above long-term support.

                             Source: chart.ainvest

Moving averages remain supportive on higher timeframes, although near-term weakness has emerged. LINK now trades closer to mid-level averages, hinting at possible consolidation. The MACD also highlights bearish momentum, with negative alignment deepening and histogram bars strengthening in red.

Trading volumes reveal strong activity during earlier rallies but reduced participation during recent declines. If Chainlink holds above $21, buyers may regain control, while a slip below $20 could extend losses. The long-term trend still leans bullish, but near-term weakness remains evident.

Litecoin Struggles At $105 Support

Litecoin posted heavy losses in its latest session, falling over 8% to close around $105. The token previously peaked near $131 before retracing steadily over recent weeks. The correction signals intensified selling pressure and highlights fragility at current levels.

                                     Source: chart.ainvest

The moving averages reveal bearish alignment as short-term levels slipped under mid-term benchmarks. This shift confirms weakening sentiment and raises concerns about further downside risk. The MACD indicator also reflects fading momentum, with a bearish crossover nearing completion.

LTC may stabilize if it holds around $105, but a breakdown could expose the $100 level. Volume has yet to confirm significant buying interest, leaving momentum fragile. Unless market conditions improve, Litecoin may remain in consolidation or continue to slide further.

SUI Faces Persistent Selling Pressure

SUI also recorded notable declines, falling more than 7.5% in the daily session to settle near $3.33. The asset peaked earlier at $4.32, but sustained profit-taking has driven prices down consistently. Current action shows weakness near short-term support zones.

Moving averages confirm bearish alignment, with shorter-term levels trailing under longer-term benchmarks. This trend signals extended downside risk without renewed buying demand. MACD indicators support this view, showing lines leaning negative and histogram bars staying red.

Volume analysis highlights spikes during sell-offs, reflecting exits rather than accumulation. Stability may return if SUI holds above $3.30, though risks increase if it breaks under $3.20. Market momentum remains tilted toward sellers unless broader sentiment strengthens.

Market Outlook

Chainlink, Litecoin, and SUI are moving through corrective phases after earlier rallies. While Chainlink maintains long-term resilience, Litecoin tests critical support and SUI struggles near key levels. Analysts continue to highlight these tokens as major altcoins to monitor in September 2025.