{"id":7365,"date":"2026-03-10T13:49:39","date_gmt":"2026-03-10T13:49:39","guid":{"rendered":"https:\/\/cryptonews.uk.com\/?p=7365"},"modified":"2026-03-10T13:49:39","modified_gmt":"2026-03-10T13:49:39","slug":"chainlink-price-technical-analysis-link-strengthens-breakout-setup","status":"publish","type":"post","link":"https:\/\/cryptonews.uk.com\/?p=7365","title":{"rendered":"Chainlink price technical analysis: LINK strengthens breakout setup"},"content":{"rendered":"

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\n\"Chainlink\n<\/picture> <\/div>\n<\/p><\/div>\n
    \n
  • Chainlink trades above $9 and could see a breakout amid a bullish technical setup.<\/li>\n
  • Market conditions and overall weakness may allow bears to eye support near $8.<\/li>\n
  • If bulls take control, LINK could rally towards past year highs.<\/li>\n<\/ul>\n

    Chainlink price rose slightly on Tuesday as the latest gains pushed Bitcoin to above $70,000 and altcoins showed strength amid easing investor jitters around the Iran war.<\/p>\n

    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

    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

    Notably, Chainlink is edging higher amid an 8% increase in daily trading volume.<\/p>\n

    LINK price today<\/h2>\n

    Chainlink\u2019s latest price movement indicates resilience despite overall uncertainty around macro and geopolitical headwinds.<\/p>\n

    However, the gains to intraday highs of $9.16 means bulls have a slight cushion after Monday\u2019s dip.<\/p>\n

    Daily volume stands at over $721 million.<\/p>\n

    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

    According to SoSoValue data, 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

    Cumulative inflows totaled $92.66 million, suggesting investor conviction. Prices may rebound hard amid further ETF action.<\/p>\n

    Chainlink price technical forecast<\/h2>\n

    The daily chart shows Chainlink price poised near the upper boundary of a long-term descending channel.<\/p>\n

    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

    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

    The $8.10 level has acted as a key support level during this time.<\/p>\n

    However, more importantly, LINK is near the resistance mark of both the parallel channel and the downtrend line.<\/p>\n

    \"Chainlink
    Chainlink price chart by TradingView<\/figcaption><\/figure>\n

    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

    Buyers may also fancy a short-term push to highs of $14, another support-turned-resistance level from November and December 2025.<\/p>\n

    If a stronger uptick across crypto materializes, $19.85 would provide the next hurdle before bulls likely retest $27.<\/p>\n

    On the downside, bears could have fresh momentum at the $8.32\u2013$8.50 zone.<\/p>\n

    But if bulls manage to hold above this area, LINK\u2019s breakout structure will remain.<\/p>\n

    \n
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    Markets,Chainlink News#Chainlink #price #technical #analysis #LINK #strengthens #breakout #setup1773150579<\/p>\n","protected":false},"excerpt":{"rendered":"

    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 slightly on Tuesday as the latest gains pushed Bitcoin to above $70,000 and altcoins<\/p>\n","protected":false},"author":1,"featured_media":7366,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":{"0":"post-7365","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-eurozone"},"yoast_head":"\nChainlink price technical analysis: LINK strengthens breakout setup - Crypto News: Latest Cryptocurrency News and Analysis<\/title>\n<meta name=\"description\" content=\"Chainlink price hovered above $9 on March 10 as bulls targeted a potential breakout despite the current market conditions\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptonews.uk.com\/?p=7365\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Chainlink price technical analysis: LINK strengthens breakout setup\" \/>\n<meta property=\"og:description\" content=\"Chainlink price hovered above $9 on March 10 as bulls targeted a potential breakout despite the current market conditions\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptonews.uk.com\/?p=7365\" \/>\n<meta property=\"og:site_name\" content=\"Crypto News: Latest Cryptocurrency News and Analysis\" \/>\n<meta property=\"article:published_time\" content=\"2026-03-10T13:49:39+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/03\/chainlink-link-price-traders-1024x683.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"683\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"\u884c\u653f\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"\u884c\u653f\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=7365\",\"url\":\"https:\/\/cryptonews.uk.com\/?p=7365\",\"name\":\"Chainlink price technical analysis: LINK strengthens breakout setup - 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