Chainlink Signal
Strong price increase: LINK at $12.95, up 5.06% in 24 hours, driven by whale accumulation
Technical analysis: RSI at 71.87 (overbought), MACD shows bullish momentum, price near the upper Bollinger band
Driving factors: Strategic reserve accumulation, major institutional partners, and ecosystem expansion
Market situation
Chainlink (LINK) is currently trading at $12.95, up 5.06% in 24 hours and up 6.23% in 7 days.
Market capitalization reached approximately $9.12 billion, making LINK the 13th largest cryptocurrency.
24-hour trading volume reached $577.8 million, indicating increased market activity.
Major investors, also known as "whales", added approximately $4.46 million worth of LINK to their portfolios on New Year's Day 2026.
Chainlink reserves have increased to over 1.4 million LINK, with a recent addition of 94,267.77 LINK.
Trading strategy
The 12-period RSI at 71.87 indicates that LINK is currently in the overbought zone, signaling a potential short-term pullback.
The MACD chart shows a positive value of 0.0288, with the MACD line above the signal line, confirming bullish momentum.
The 7-period EMA ($12.84) is above the 25-period EMA ($12.62) and the 99-period EMA ($12.45), indicating a strong upward trend in the short and medium term.
The current price is near the upper Bollinger Band ($13.04), which may act as immediate resistance; the main support is identified around the middle Bollinger Band at $12.62.
Trading volume has increased significantly, supporting the recent price increase, but volume needs to be maintained for further breakout.
Driving factors
Chainlink is expanding its reach by partnering with ICE, the parent company of NYSE, to bring forex and precious metals market data to the blockchain.
FTSE Russell is partnering with Chainlink to first announce major global indices on the blockchain.
The launch of the Chainlink Running Environment (CRE) and the Automated Compliance Engine (ACE) aims to support tokenization for organizations and regulatory compliance.
Strong acceptance from institutions is reflected through partners such as Mastercard, Swift, DTCC, Euroclear, and many major banks in data initiatives and tokenization on-chain.
Chainlink has launched a new bridge to connect the Base and Solana ecosystems, enhancing cross-chain connectivity.
Campaign information
An "Instant Altcoin Trading Festival" with trading pairs LINK, BNB, XPL, CAKE, and ASTER with USDT and USDC took place from December 10 to 19, 2025, with a prize pool worth 4,270,000 XPL
