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Chainlink Price Prediction: Is LINK’s Push to $9.50 the Start of a Run to $20?


Chainlink Price Prediction: Is LINK’s Push to $9.50 the Start of a Run to $20?

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  • LINK trades at $9.447 on August 17, up 0.70%, clearing the 200-day EMA at $9.533 with OBV rising to confirm the move
  • A wallet moved 289,760 LINK worth $2.74M to a Gnosis Safe self-custody wallet after accumulating from Binance over the past month
  • LINK ETFs logged $1.47M in daily inflows on August 14, the highest single day since July 22’s $2.68M outflow, led entirely by Bitwise’s CLNK

The Chainlink price prediction just picked up its most convincing signal in months, with LINK clearing the 200-day EMA at $9.533 today for the first time since May, backed by rising volume rather than a quick, thin spike that fades by the next session.

LINK Price Action (Source: TradingView)

The daily chart shows LINK breaking above the 200-day EMA at $9.533, a level it has not closed above since May. Today’…

Read The Full Article Chainlink Price Prediction: Is LINK’s Push to $9.50 the Start of a Run to $20? On Coin Edition.

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