Chainlink (LINK) price has long been a favorite among crypto enthusiasts for its role in powering decentralized oracle networks. But after weeks of sideways price action and a recent struggle to stay above $13, traders are now asking: is LINK price about to wake up and deliver a breakout? With fresh signs of momentum brewing on the daily chart, a potential rally towards the $16–$18 zone is on the radar — if key technical levels hold and the market aligns. In this analysis, we break down the latest LINK price daily chart, decode what the indicators are hinting at, and run the numbers to see where Chainlink price could realistically go next.Chainlink Price Prediction: What Does the Current LINK Price Daily Chart Reveal?LINK/USD Daily Chart- TradingViewThe daily chart for Chainlink (LINK) price shows a tight consolidation phase just above the $13 mark, with recent candles hovering around $13.43. Notably, the Heikin Ashi candles display a reduction in bearish momentum compared to the strong downtrend visible during June. This suggests selling pressure has weakened and the market is undecided, setting the stage for a breakout.The RSI (Relative Strength Index) sits near 50 (49.98), a clear sign that LINK price is neither overbought nor oversold. This neutral momentum hints that buyers and sellers are currently balanced but also signals that any catalyst could tip the scale sharply in either direction.Is LINK Price Building Momentum for an Upside Move?One striking technical clue is the alignment of Fibonacci retracement levels drawn on the right side of the chart. The visible levels highlight potential upside targets clustered around $15.50 to $18.00. If LINK price can push above its recent range high near $13.57 (today’s high), it could quickly retest the first key level at $15.50.To estimate this, let’s do a quick projection:
If Chainlink price breaks above $13.57 and rallies to $15.50, that’s an upside of about 14%: A clean close above $15.50 could open the door to the next level at $18, implying a potential gain of about 32% from the current $13.57 pivot.What Does RSI Say About Trend Reversal?The RSI reading hovering around 50 with a slight upward slope suggests that the coin is trying to recover from its oversold conditions during mid-June. In June, RSI dipped near 30, and the bounce since then shows buyers stepping in gradually. If RSI breaks above 55–60, it would strengthen the bullish case, hinting at momentum acceleration and higher price targets.Where Are the Critical Support Levels?On the downside, if LINK price fails to hold the $13.00 zone, there’s a visible cluster of support near $12.20–$12.50. If bears push below that, the next significant support sits around the psychological $10 level. However, given the flattening RSI and sideways candles, a sharp drop appears less likely unless there’s a major market shock.Chainlink Price Prediction: What Happens Next?In the short term, the technicals lean slightly bullish but need confirmation. For a solid bullish breakout, Chainlink price must break and close above $13.57 on a daily basis with increasing volume. A move beyond $15.50 could quickly push LINK price to retest the $18 level.If Bitcoin and the broader market maintain stability or show strength, LINK price could benefit and ride the momentum wave. On the flip side, if Bitcoin corrects sharply, Chainlink price could struggle to hold above $13 and slip back to the $12–$10 zone.As of now, Chainlink price shows signs of ending its downtrend with the potential to stage a rally towards $15.50–$18. Traders should watch for a daily close above $13.57 and rising RSI to confirm momentum.Looking to Buy LINK? Try OKXOKX is a top choice to buy LINK. With low trading fees, extensive token listings, and an intuitive interface, it’s a preferred platform for many crypto traders across Europe.Special Promotion – Limited TimeUntil September 14, 2025, OKX is hosting an exclusive McLaren F1 Team giveaway:--> Receive a complimentary McLaren F1 Team cap<--Enter to win a VIP trackside experience in Zandvoort (Aug 29–31)This offer is open to all new European users who haven’t yet traded on OKX. Don’t wait – claim your reward today!$LINK, $Chainlink, $LINKPrice, $ChainlinkPrice
Chainlink (LINK) is trading at $13.36, following a 3% drop in the past 24 hours, which places the altcoin approximately 74% below its all-time high of $52.70, recorded in May. Despite this short-term dip, LINK has held onto weekly gains of around 2.4%, suggesting broader market participants may still be weighing its long-term potential. While price remains rangebound, recent on-chain data indicates that LINK’s price action could be the result of diverging behavior between retail and institutional investors. Chainlink Institutional Accumulation and Supply Pressure CryptoQuant contributor “Banker” highlighted a growing structural dynamic in the LINK ecosystem in a recent QuickTake analysis titled “LINK’s Accumulation Standoff: Whales Build, Retail Waits.” The report outlines how LINK is currently in a consolidation phase between $12 and $15, where institutional actors have been steadily accumulating tokens, while retail users remain largely passive. This discrepancy may be playing a key role in capping upward momentum despite persistent LINK outflows from centralized exchanges. According to Banker, exchange netflows for LINK have remained negative at roughly -100,000 LINK per week, signaling that more tokens are being withdrawn from trading platforms than deposited. This behavior is typically associated with accumulation activity, particularly from larger holders or “whales” who may be positioning for longer-term appreciation. Historical spikes in retail deposits, such as the +5 million LINK deposited in March 2025, have proven to be exceptions rather than the norm, as retail activity has since remained subdued. Supporting this view, active LINK addresses have hovered consistently between 28,000 and 32,000 per day, while transaction counts average around 9,000 daily. These figures have not rebounded from previous activity peaks seen in late 2024, even as Chainlink’s oracle usage has expanded. Meanwhile, elevated levels of exchange withdrawals, peaking at over 3,000 per day in Q4 2024, remain a dominant force. With leverage metrics staying neutral, whales have been able to withdraw LINK without introducing significant price volatility, resulting in a 40% year-to-date drop in exchange reserves. Market Outlook Hinges on Retail Reentry or Whale Fatigue As LINK’s consolidation persists, the path forward may depend on a shift in market dynamics. Banker points out that a meaningful breakout will likely require renewed participation from retail traders, as evidenced by a spike in active wallet addresses and transaction volume. If these metrics rise and price breaks above the $15 price mark, momentum could build for a stronger upward trend. On the other hand, a decline in whale-driven withdrawals or an increase in exchange inflows could weaken accumulation, potentially pushing LINK back down toward the $10 level. Banker added: Until catalysts emerge, whales silently build positions, echoing Bitcoin’s 2023 consolidation before its 2024 surge. Featured image created with DALL-E, Chart from TradingView
Chainlink (LINK) price is making headlines again after posting a sharp 7% rebound from recent lows, sparking renewed interest among traders and long-term holders. Once a market leader in the oracle space, LINK price had been under selling pressure throughout June, dropping to multi-week lows near $11. However, fresh momentum has pushed the price back above $13, raising questions about whether this marks the beginning of a broader trend reversal. With technical indicators starting to shift and support levels holding firm, all eyes are now on Chainlink price next big move. Could $16 be the next stop—or is this just a temporary bounce?Chainlink Price Prediction: Why is LINK price suddenly up today?LINK/USD Daily Chart- TradingViewChainlink’s price surge today can be directly linked to a sudden shift in global sentiment following a major geopolitical breakthrough. U.S. President Donald Trump announced that Israel and Iran have agreed to a ceasefire after weeks of escalating military action. The truce, which comes after Israel claimed to have “eliminated the Iranian nuclear threat,” has been welcomed by global markets, triggering a rally across risk-on assets.Cryptocurrencies, which were under pressure during the conflict, are now rebounding sharply as war fears subside and investor confidence returns. LINK, like other altcoins, is benefiting from this risk reversal, gaining nearly 7% on renewed buying momentum.The timing of LINK’s bounce aligns closely with the ceasefire announcement, signaling that macro-driven relief is playing a strong role in the current price action. Over the past week, the crypto market had been rattled by geopolitical uncertainty, with LINK dipping below $12. But the easing of war tensions has reversed that trend, pushing LINK above key resistance levels. This bounce is not just technical—it reflects a broader market rotation back into digital assets now that fear-driven outflows have stopped. If geopolitical calm persists, we could see further upside in LINK as sentiment stabilizes and risk appetite grows.Chainlink (LINK) price is showing signs of a potential reversal after a sharp bounce of 6.79%, closing the daily candle at $13.05. This upward momentum came after several days of declining candles, indicating that buyers may be stepping in at key support levels. The price action rebounded strongly from around $11.30, a historical demand zone close to the S2 Fibonacci pivot support.Is this a short-term bounce or start of a new uptrend?The Heikin Ashi candles on the daily chart now show a solid green candle after a series of red bodies—an early signal of trend change. This bounce occurred just below the key horizontal support range between $11.20–$11.60, which has held firm through multiple tests in June. The current resistance to watch is the $13.20 level (R1 pivot), where sellers could re-enter.Momentum indicators support the bullish case. The Relative Strength Index (RSI), which had dipped to oversold territory near 39, is now pointing upward and nearing 45.27. A cross above 50 could indicate a confirmed momentum shift. Moreover, the price reclaimed the S2 level, which could now act as short-term support if the rally continues.Can LINK Price hit $16 again?Let’s calculate the potential upside.If this bounce mimics the previous recovery pattern in April (which saw a move from $12.30 to $16.20), LINK price could be aiming for a 30% rally from its bounce point:
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Chainlink (LINK) ended its latest session in a holding pattern, with indecisive candles and choppy intraday action pointing to a lack of clear direction. Traders now look to Bitcoin’s next move for guidance; any meaningful shift in BTC dominance could quickly tilt LINK’s price action. Until the market leader shows its hand, LINK remains on standby, hovering near key support while waiting for a decisive cue. Falling Wedge Holds The Key To Chainlink Next Big Move In a recent X post, CRYPTOWZRD provided an update on Chainlink’s daily technical outlook, noting that the daily candles for both LINK and LINKBTC closed indecisively. This indecision reflects uncertainty in the market as traders await clearer direction. The lack of a strong trend suggests a pause before the next significant move. The analyst highlighted that LINKBTC is currently forming a falling wedge pattern, which is generally considered a bullish formation, especially when it appears in oversold conditions. He stressed that a breakout from this wedge is essential for Chainlink to trigger the next impulsive move upward, signaling a potential shift in momentum. CRYPTOWZRD explained that this breakout is more likely to occur once Bitcoin dominance begins to decline. As Bitcoin’s grip loosens, altcoins like LINK tend to gain strength and follow suit. Therefore, monitoring Bitcoin dominance will be key in anticipating LINK’s next move. Regarding support levels, CRYPTOWZRD identified $12.50 as the critical next support target. A strong reversal from this point could ignite a rally toward the $16 resistance level or higher. This level will serve as a crucial testing ground for bullish momentum. He concluded by mentioning that his focus remains on lower-timeframe charts to identify quick scalp opportunities. While the broader trend is developing, CRYPTOWZRD is looking to capitalize on shorter-term movements, keeping a close eye on price action and volatility. Choppy Intraday Action Keeps Bulls Cautious Wrapping up the analysis, the analyst highlighted that LINK’s intraday chart remained sluggish and choppy, offering little in terms of clear directional bias. A possible retest of the $12.85 support level—or even a minor dip below it—could still present a bullish reversal opportunity, potentially paving the way for a push toward the $14.40 resistance target. However, the analyst warned that if Chainlink holds below the $12.85 level, it could slip into prolonged sideways movement. This uncertain behavior will likely hinge on Bitcoin’s overall market direction, which continues to heavily influence altcoin performance. With no clear trade setup currently in play, the analyst concluded that it’s best to remain patient for a cleaner structure to emerge before making any decisive moves.
The token’s exchange outflows have totaled over $66 million in two weeks, suggesting investor accumulation. LINK’s price recently broke above […]