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Chainlink (LINK) Could Be Heading for $100, But This Level Stands in the Way
Aug 12, 2026
< 1 min read
by Chayanika Deka
for CryptoPotato
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AI Overview
Chainlink's token has climbed to $8.75 after a roughly 4% 24-hour increase, lifting monthly gains to about 10% following a period trading between $8.10 and $8.50. Traders are awaiting a confirmed breakout to validate the developing bullish structure, which could support price momentum, DeFi oracle adoption and market interest.
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Chainlink has picked up pace after spending much of the month moving between roughly $8.1 and $8.5. The token is currently trading at $8.75, after increasing by roughly 4% in the last 24 hours. The latest jump pushed its monthly gains to around 10%.
Traders are now waiting for a breakout to confirm the developing bullish structure.
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