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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.

More News (LINK)

Chainlink (LINK) shows signs of a pullback after a 95% rally amid declining whale activity.

Chainlink (LINK) shows signs of a pullback after a 95% rally amid declining whale activity.

Chainlink (LINK) surged nearly 95% from $7 to $13.77 but now faces potential pullback risks as the TD Sequential indicator signals a sell on the weekly chart. Large transactions over $1 million have dropped sharply, indicating reduced whale activity,...

Technical Signals
Neutral
12 hours ago
Chainlink nears $12 as trading volume surges amid bullish momentum and key resistance test.

Chainlink nears $12 as trading volume surges amid bullish momentum and key resistance test.

Chainlink (LINK) is approaching the critical $12 resistance level with a sharp rise in trading volume following recent market volatility. After climbing from $8 to over $13.50 in August-September, LINK corrected to around $11 but maintained a bullish...

Technical Signals
Bullish
16 hours ago
Chainlink (LINK) trading volume surges 65%, eyeing a breakout above $12 resistance level.

Chainlink (LINK) trading volume surges 65%, eyeing a breakout above $12 resistance level.

Chainlink (LINK) has seen a 65% increase in trading volume within 24 hours as it attempts to recover from a recent price correction. The asset is currently trading around $11.40, with the $12 resistance level in focus after a strong rally from $8 to ...

Technical Signals
Bullish
18 hours ago
Chainlink (LINK) jumps 35% in a month, eyeing $15 after strong whale buying and ETF inflows.

Chainlink (LINK) jumps 35% in a month, eyeing $15 after strong whale buying and ETF inflows.

Chainlink (LINK) has surged 35% over the past month, driven by significant purchases from large holders who bought about 10.36 million tokens during a recent price dip. Institutional interest also rose, with Chainlink-focused ETFs like Bitwise CLNK a...

Technical Signals
Bullish
1 day ago
Whales buy $120M in Chainlink after 17% price drop, showing strong confidence in LINK's future.

Whales buy $120M in Chainlink after 17% price drop, showing strong confidence in LINK's future.

After a 17% price correction from $13 to around $11.50, large Chainlink holders (whales) accumulated approximately 10.36 million LINK, worth about $120 million. This buying activity coincides with Chainlink's network reaching $30 trillion in cumulati...

Technical Signals
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1 day ago
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