Chainlink’s LINK token has posted strong gains over the past 24 hours, climbing more than 10% as trading activity picks up and analysts watch key resistance levels closely.
At the time of writing, LINK is trading at $13.308 after surging 7.06% in just 30 minutes. The token hit a 24-hour low of $12.111 before pushing to its current high.
Trading volume over the past 24 hours reached approximately $503.90 million, up 25% from the previous day. Open interest in LINK derivatives rose 8.26% to $696.89 million, pointing to increased exposure among futures traders.
The LINK price broke out of a prolonged consolidation range between $7.20 and $8.50. It is now trading above the 20-day moving average of $11.39, with the Bollinger Bands widening to reflect growing price momentum.
The MACD indicator shows a brief pause, with the histogram slightly negative at -0.01822. However, both MACD lines remain well above zero, keeping the broader trend pointed upward.
Crypto analyst Michaël van de Poppe (@CryptoMichNL) said he does not expect LINK to stall. He posted that he sees a strong continuation toward $14.50–$15 as a near-term target. He also said he would look to buy dips, with entry zones at $11 and $10.
I don't think that $LINK will stall much.
I honestly think that we'll start to see a strong continuation here towards the next area at $14.50-15.00 as a potential target zone.
Overall, if there's a dip (and the lower the better), I'd be bidding this one.
First potential zone… pic.twitter.com/DdH5gwkDis
— Michaël van de Poppe (@CryptoMichNL) September 6, 2026
Another analyst, Investor Jordan, pointed to $12 as a key level to clear. If buying pressure holds, the next targets would be $15 and eventually $20.
Key resistance sits at $12.59 on the chart. A clean break above that level, backed by volume, could accelerate the move toward $15.
On the ecosystem side, Wyoming’s FRNT stablecoin has integrated Chainlink Proof of Reserve. This allows on-chain verification of the reserves backing the stablecoin.
NEW: @wyostable adopts Chainlink Proof of Reserve to set a new United States standard for digital asset transparency 🇺🇸
Via Chainlink, FRNT exceeds GENIUS Act requirements & becomes the first stablecoin issued by a U.S. public entity to publish verified reserve data onchain. pic.twitter.com/sk7gjRGzer
— Chainlink (@chainlink) September 2, 2026
FRNT is set to become the first stablecoin issued by a publicly owned American entity to publish its reserve data on-chain. The integration is said to go beyond the requirements set by the GENIUS Act.
Support is currently seen near $12. Traders are watching whether LINK can hold above that level as it tests the current resistance zone around $13.30.
The post Chainlink (LINK) Price: LINK Surges 10% and Eyes $15 Target as Volume and Open Interest Rise appeared first on CoinCentral.
