Chainlink rises 7% on Infosys partnership and technical breakout
Chainlink (LINK)
Editor:
Eugene Serbin
tradersunion.com reports that Chainlink (LINK) gained 7.41% on 24 September 2026, trading at $13.17 above key moving averages. The asset rose following a strategic partnership with Infosys to standardize six products, including CCIP, CRE, ACE, Proof of Reserve, Data Streams, and specialized Data Feeds. This integration embeds Chainlink technology into infrastructure supporting over 1.7 billion accounts, expanding enterprise reach.
According to Thecoinrepublic, Infosys clients can settle fees in stablecoins or fiat, which may delay immediate demand for the LINK token while strengthening the ecosystem. On the hourly chart, LINK sits above the MA-20 at $12.42 and the MA-50 at $12.63. The daily chart places the price firmly above the MA-200 at $9.29, with the Ichimoku Kijun at $12.53 serving as immediate support.
Momentum indicators show mixed signals, with an RSI of 65.06 and an ADX supporting a bullish bias. MACD and the Awesome Oscillator are neutral, while Stoch RSI and CCI remain overbought. The expected trading range is between $12.73 and $13.88, with a 76% probability of further upside if the price breaks above $13.88. A drop below $12.53 could prompt corrective action and test lower levels.
How the market reacted
Whalio's own Binance spot order flow for LINK, measured when this story was written up on 24 September 2026. Not the outlet's figures.
Whalio data shows LINK trading at $12.36, with a 1-hour buy ratio of 48.0% and a 4-hour buy ratio of 54.5%. The 24-hour buy ratio stands at 48.7%, indicating that buying pressure is fading compared to the 4-hour timeframe. The 1-hour volume delta is -$166,580, suggesting net selling in the short term, while the 4-hour delta is +$1,904,726, showing net buying over a longer period. The 24-hour volume delta is -$1,256,817, contrasting with a positive CVD of +$3,093,780 at the close. This divergence suggests that while cumulative buying has been strong, recent flows have turned slightly bearish. Spot volume for the 24-hour period was $54,181,103 across 522,398 trades.
The latest daily buy ratio of 49.4% sits at the 56th percentile of the last 322 days, against a median of 48.8% - ordinary for this coin.
Was that an ordinary day?
The same Binance spot measurements for LINK, averaged over the days leading up to the story.
Over the preceding week, the 7-day average buy ratio was 51.3%, making today's 24-hour ratio of 48.7% 2.6 points lower than the average. Volume was 1.51 times the average, indicating significantly higher activity than usual. The coin saw net buying on 6 of the last 7 days, with a total volume delta of +$6,544,092 over 8 days. Price increased by 11.7% over this 8-day period. This represents an unusual day for the coin, characterized by volume 1.51 times the average despite a lower buy ratio than the weekly mean.