Chainlink (LINK) is displaying early bullish momentum, trading above the $9.50 daily resistance level. As of March 17, 2026, LINK’s price is $9.78, with steady volume and intraday rebounds suggesting potential upward movement. Analysts note that holding the $9.55 support could open a path toward higher resistance levels near $10.20, though market conditions remain subject to change.
Chainlink is trading at $9.78 with a 24-hour volume of $803.9 million and a market capitalization of $6.9 billion. The asset shows a modest 0.13% increase, indicating early signs of bullish momentum.
Analyst CRYPTOWZRD noted that LINK closed bullish, trading above daily resistance. “A retest of the $9.55 intraday support, followed by a bullish reversal, could provide traders with a potential long position targeting the $10.20 resistance level” the analysis stated.
Against Bitcoin, LINK’s daily chart shows a 1.15% increase in trading value. Trading volume has reached 15,160 LINK, suggesting a potential bounce in intraday levels.
Technical indicators present a mixed short-term picture. According to a TradingView chart, the price was above the Bollinger Bands middle line but below the upper band.
The Chaikin Money Flow figure was noted at -0.03, indicating slightly negative money flow. This situation does not yet show enough accumulation for the asset according to the analysis.
Cautious bullish momentum is evident through intraday rebounds and technical setups. Traders are advised to monitor the $9.55 intraday support level closely.
