Chainlink (LINK) is showing signs of a possible bull run today as it has been rising recently. Technical analysis indicates that the cryptocurrency is gaining momentum to move upwards. The LINK is likely to move up if it breaks the resistance level. The cryptocurrency is being closely monitored as it is moving up on the intraday charts.
At the time of writing on February 14, 2026, LINK is trading at $8.98, with a 24-hour trading volume of $468.85 million and a market capitalization of $6.32 billion. The token has gained 6.22% over the last 24 hours, signaling growing interest from investors and market participants.
On February 14, 2026, CRYPTOWZRD reported on a technical update on the price of LINK, which closed the day with a bullish candle; however, it still needs a strong push to confirm the rally.
CRYPTOWZRD explained that if the price breaks through the resistance of $9.20, it may open the door for more price increases and potential longs. The price of LINK/BTC is still undecided; however, a decrease in Bitcoin’s dominance below 59% may propel the rally of the coin.
On the intraday front, the price action of LINK has been volatile with a bullish bias. CRYPTOWZRD says that if the price crosses the $9.20 mark, it could reach the $10.00 level. Another option is the retest of the $8.25 level and a subsequent move upwards. Investors will be watching the lower timeframe charts to spot the entry points.
Also Read | Ethereum Foundation Announces Leadership Change
According to TradingView, as of Saturday, February 14, Indicators show a technical outlook of cautious optimism. The RSI on the 4-hour chart stands at 62.90, which shows that buyers are in control, but there is no sign of overbuying. The asset is trading above short-term moving averages at $8.50 and $8.63 but still below longer-term averages at $9.28 and $11.04.
MACD is also becoming bullish as the MACD line is above the signal line, and there is a positive histogram, which indicates increasing upward momentum. If LINK manages to trade past higher moving averages, it may be a sign of a stronger rally in the coming days. Investors are advised to be cautious of key resistances and supports, as well as risks.
Also Read | Solana Momentum Strengthens: Breakout Could Push the SOL Toward $88
Also read: China Unveils Blockchain Plan to Revolutionize Green Power Certification Nationwide
