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Chainlink (LINK) price rises 6.2% to $12.11, eyeing $13 resistance amid strategic reserve buying.

Technical Signals
21 Sep 2026
Blockonomi
View Source
Bullish
Chainlink (LINK) price rises 6.2% to $12.11, eyeing $13 resistance amid strategic reserve buying.

Chainlink's (LINK) price increased by about 6.2% to $12.11 after bouncing from support near $11, with technical analysis suggesting a completed five-wave rally that could lead to further gains toward $13 and possibly $15. The Chainlink strategic reserve recently bought 97,500 LINK tokens worth $1.1 million, increasing its holdings to nearly 6 million LINK, signaling strong institutional interest. Analyst Quinten François highlighted LINK's previous peak of $55 in 2021 before key integrations and partnerships, indicating potential for long-term growth. Market participants are now focused on overcoming resistance around $12.80-$13 for the next upward move.

As of Sep 21, 2026 15:01 WIB, Chainlink (LINK) trades at Rp223.815 on Pluang, showing a 5.19% increase over the past day. The market cap stands at Rp166.92 trillion with a 24-hour trading volume of Rp7.68 trillion, reflecting active investor interest. Despite the article's note of LINK surpassing $12, on Pluang the price is expressed in rupiah, highlighting local market dynamics. The typical hold time of 63 days indicates a moderate-term investment horizon among Pluang users.

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