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Chainlink price nears $8.80 amid bullish signals and rising whale activity, eyeing $11 resistance.

Technical Signals
14 Aug 2026
Blockonomi
View Source
Bullish
Chainlink price nears $8.80 amid bullish signals and rising whale activity, eyeing $11 resistance.

Chainlink (LINK) has gained nearly 8% over the past week, testing the $8.80 level within a broader consolidation channel. Key bullish indicators include an MVRV ratio golden cross with the 200-day average, increased whale transactions above $1 million, and a rise in active addresses from 2,450 to 4,800. Historically, similar MVRV crossovers preceded significant rallies of 155% and 85%. If LINK closes above $8.80 daily, it could target the $11 resistance level, with some analysts projecting even higher long-term prices due to growing institutional adoption and network expansion. Standard Chartered forecasts LINK reaching $13 by 2026 and $200 by 2030, supported by partnerships with major financial institutions and blockchain projects.

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