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Chainlink price set for 30% surge after bullish MVRV golden cross signal

Analyst Insights
13 Aug 2026
Coingape
View Source
Bullish
Chainlink price set for 30% surge after bullish MVRV golden cross signal

Chainlink's price rose 10% this week, reaching $8.85, driven by a bullish MVRV golden cross—a key on-chain indicator crossing above its 200-day moving average. Historically, this signal preceded significant rallies, including a 155% surge in 2024 and an 85% rise in 2025. Analysts predict a potential 30% price increase if Chainlink breaks above the $9.00 resistance level, with targets at $9.50 and $10. Despite mixed signals from trading volume and open interest, momentum remains strong, suggesting further gains are possible if key resistance levels are surpassed.

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