{"id":69426,"date":"2026-03-10T13:51:56","date_gmt":"2026-03-10T13:51:56","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/chainlink-price-technical-analysis-link-strengthens-breakout-setup\/"},"modified":"2026-03-10T13:51:56","modified_gmt":"2026-03-10T13:51:56","slug":"chainlink-price-technical-analysis-link-strengthens-breakout-setup","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/chainlink-price-technical-analysis-link-strengthens-breakout-setup\/","title":{"rendered":"Chainlink price technical analysis: LINK strengthens breakout setup"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/03\/chainlink-link-price-traders-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/03\/chainlink-link-price-traders-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/03\/chainlink-link-price-traders-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/03\/chainlink-link-price-traders-smartcrop-363x181.png\" type=\"image\/jpeg\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li>Chainlink trades above $9 and could see a breakout amid a bullish technical setup.<\/li>\n<li>Market conditions and overall weakness may allow bears to eye support near $8.<\/li>\n<li>If bulls take control, LINK could rally towards past year highs.<\/li>\n<\/ul>\n<p>Chainlink price rose slightly on Tuesday as the latest gains pushed <a href=\"https:\/\/coinjournal.net\/news\/bitcoin-price-holds-above-70k-as-exchange-outflows-rise-and-iran-conflict-impact-eases\/\">Bitcoin to above $70,000<\/a> and altcoins showed strength amid easing investor jitters around the Iran war.<\/p>\n<p>While LINK price remains in a downtrend amid the crypto market\u2019s overall sentiment, bulls are holding steady above $9 and could extend upwards as a key technical setup strengthens.<\/p>\n<p>At the time of writing, LINK\u2019s price hovered around $9.13, up 3.4% in the past 24 hours and 6% in the past week as buyers pushed prices off lows of $8.40 reached on Monday, March 9.<\/p>\n<p>Notably, Chainlink is edging higher amid an 8% increase in daily trading volume.<\/p>\n<h2>LINK price today<\/h2>\n<p>Chainlink\u2019s latest price movement indicates resilience despite overall uncertainty around macro and geopolitical headwinds.<\/p>\n<p>However, the gains to intraday highs of $9.16 means bulls have a slight cushion after Monday\u2019s dip.<\/p>\n<p>Daily volume stands at over $721 million.<\/p>\n<p>A notable aspect of LINK price over the past month or so is the resilience shown through inflows into spot exchange-traded fund products.<\/p>\n<p>According to <a href=\"https:\/\/sosovalue.com\/assets\/etf\/us-link-spot\" target=\"_blank\" rel=\"noopener\">SoSoValue data<\/a>, Chainlink spot ETFs saw inflows of $2 million on March 9, up from $935k on March 6 and $1.93 million a day earlier.<\/p>\n<p>Cumulative inflows totaled $92.66 million, suggesting investor conviction. Prices may rebound hard amid further ETF action.<\/p>\n<h2>Chainlink price technical forecast<\/h2>\n<p>The daily chart shows Chainlink price poised near the upper boundary of a long-term descending channel.<\/p>\n<p>Bulls\u2019 gains in the past week have also pushed the token into a tightening consolidation pattern marked by a downtrend line from the highs of $27 hit in August 2025.<\/p>\n<p>As the chart shows, LINK has traded within a tight range between $7.84 and $9.55 since bouncing from the lows on February 5.<\/p>\n<p>The $8.10 level has acted as a key support level during this time.<\/p>\n<p>However, more importantly, LINK is near the resistance mark of both the parallel channel and the downtrend line.<\/p>\n<figure id=\"attachment_363370\" aria-describedby=\"caption-attachment-363370\" class=\"wp-caption alignnone\"><img loading=\"lazy\" fetchpriority=\"high\" decoding=\"async\" data-source=\"CoinJournal\" class=\"size-full wp-image-363370\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2026\/03\/chainlink-link-price-chart.png\" alt=\"Chainlink Price Chart\" width=\"1057\" height=\"613\"\/><figcaption id=\"caption-attachment-363370\" class=\"wp-caption-text\"><a href=\"https:\/\/www.tradingview.com\/symbols\/LINKUSD\/\" target=\"_blank\" rel=\"noopener\">Chainlink price chart<\/a> by TradingView<\/figcaption><\/figure>\n<p>While LINK price remains confined within the bearish structure, a breakout is likely to catapult prices to an initial supply zone around $12.<\/p>\n<p>Buyers may also fancy a short-term push to highs of $14, another support-turned-resistance level from November and December 2025.<\/p>\n<p>If a stronger uptick across crypto materializes, $19.85 would provide the next hurdle before bulls likely retest $27.<\/p>\n<p>On the downside, bears could have fresh momentum at the $8.32\u2013$8.50 zone.<\/p>\n<p>But if bulls manage to hold above this area, LINK\u2019s breakout structure will remain.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/chainlink-price-technical-analysis-link-strengthens-breakout-setup\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) Chainlink trades above $9 and could see a breakout amid a bullish technical setup. Market conditions and overall weakness may allow bears to eye support near $8. If bulls take control, LINK could rally towards past year highs. Chainlink price rose [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":69427,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/69426"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=69426"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/69426\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/69427"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=69426"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=69426"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=69426"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}