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Chainlink rallies 14.7%, holds breakout above $9.60 amid whale activity and White House meeting buzz

Market News
16 Aug 2026
AMBCrypto
View Source
Bullish
pluang ai news

Chainlink (LINK) surged 14.7% this week, breaking above $9.60 after defending higher lows and expanding volume. A large whale's recent deposit of nearly 1 million LINK to Coinbase raises potential selling pressure, testing the breakout's strength. Meanwhile, Chainlink's upcoming White House meeting adds market interest, possibly encouraging traders to hold positions. The key levels to watch are $9.60 for continued upside and $8.90–$9.00 as support to avoid a deeper pullback.

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