Chainlink surges 51% as bullish breakout points to $18
Chainlink (LINK)
Editor:
Eugene Serbin
bitcoinethereumnews.com reports that Chainlink gained approximately 51% over the past seven days, outperforming the broader market amid new U.S. SEC regulatory proposals. The rally is underpinned by a 33% increase in total value secured, which rose from $43 billion in June to nearly $57 billion by the end of August. This growth in TVS indicates expanding demand for Chainlink’s oracle infrastructure across decentralized finance.
LINK has broken above the $12 resistance level, confirming a bullish flag pattern that projects a target of approximately $18. The token also moved above its 200-day exponential moving average in late August, signaling improving long-term momentum. A partnership with Bottomline aims to connect traditional banking infrastructure with blockchain networks for over 600 banks.
Additionally, the Wyoming Stable Token Commission selected Chainlink for reserve verification of the Frontier Stable Token. The Relative Strength Index stands at 64, showing strong momentum without yet being overbought. Sustained holding above $12 is required to preserve this bullish setup and the projected 44% upside.
How the market reacted
Whalio's own Binance spot order flow for LINK, measured when this story was written up on 9 September 2026. Not the outlet's figures.
LINK is currently trading at $12.52 with a 1-hour buy ratio of 57.4% and a 4-hour buy ratio of 54.8%, indicating that buying pressure is currently stronger than the 24-hour average of 49.6%. The 1-hour volume delta is positive at +$162,299, while the 4-hour delta is +$939,939, suggesting immediate inflows are building. However, the 24-hour volume delta is negative at -$198,210, showing that net buying has faded over the longer timeframe. A positive volume delta means more money is flowing into buys than sells, while a negative delta indicates the opposite. The spot volume for the last 24 hours was $27,766,056 across 347,917 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 average buy ratio was 50.7%, making today’s 24-hour ratio of 49.6% slightly below the weekly norm by 1.0 percentage points. Trading volume was 0.77x the weekly average, indicating a quieter day than usual. The coin saw a price change of +11.4% over the eight-day period, with a total volume delta of +$6,158,200. This suggests that while immediate buying has cooled compared to the recent average, the broader weekly trend remains net positive. The current session represents a consolidation phase within a generally bullish weekly structure.