Chainlink (LINK) is gaining bullish momentum, trading near $8.98 with a notable 6.22% increase over 24 hours. Analyst CRYPTOWZRD reports the token is approaching a critical resistance level at $9.20, and a break above could open the door for a rally toward $10. Technical indicators, including a 4-hour RSI of 62.90 and a positive MACD, suggest buying pressure is in control without triggering overbought signals.
Chainlink (LINK) is exhibiting signs of a potential upward move as its price gains momentum. The cryptocurrency is currently trading at $8.98 with a market capitalization of $6.32 billion.
On February 14, 2026, analyst CRYPTOWZRD reported that LINK closed with a bullish candle but requires a strong push to confirm a rally. “If the price breaks through the resistance of $9.20, it may open the door for more price increases and potential longs,” the analyst stated.
Intraday price action shows volatility with a bullish bias, according to the analysis. A break above $9.20 could see the price target the $10.00 level, while an alternative scenario involves a retest of the $8.25 support before moving upward.
Technical indicators from TradingView present a cautiously optimistic outlook. The 4-hour RSI sits at 62.90, indicating buyer control without overbought conditions.
The asset trades above short-term moving averages but below longer-term ones, with the MACD showing a bullish crossover and positive histogram. This suggests increasing upward momentum for LINK if it can surpass key resistance levels.
