Will The Coinbase Integration Finally Push LINK Back Above $10?
The post Will The Coinbase Integration Finally Push LINK Back Above $10? appeared on BitcoinEthereumNews.com.
LINK trades at $9.18, down 2.06%, with the daily SAR at $9.87 overhead and Bollinger Bands compressing after months of decline. Coinbase integrated Chainlink’s DataLink to bring its exchange data powering billions in trading volume on-chain for the first time. On the 2h chart, LINK trades above all four EMAs inside an ascending channel, with the 0.5 Fibonacci level at $9.57 as the next target. Months of relentless selling have pushed LINK from $29 in August to a low near $7.19 in early February. The chart has been quietly building a base since then, and a partnership announcement that puts Coinbase’s institutional-grade exchange data on Chainlink’s infrastructure landed Tuesday morning. Price has not broken out yet, but the setup is closer than it has been since October. Can LINK Escape Eight Months Of Decline? LINK Daily Price Action (Source: TradingView) The daily chart tells the full story of the damage. LINK peaked near $29 in late August and has printed lower highs and lower lows almost without interruption since. The Bollinger Bands, which were wide and expanding through the entire downtrend, have started to compress over the past six weeks as price found a floor near $8.10 and began consolidating. Price currently trades at $9.18, pressing into the upper Bollinger Band at $9.79 while the SAR sits at $9.87 just above. The middle band at $9.12 has flipped to support, and the lower band at $8.44 is rising. Band compression after a prolonged downtrend often precedes a directional move. The descending trendline from the August highs crosses near $9.80 to $10.00, which puts the SAR, upper band, and trendline all converging at the same level. That is the zone LINK has to clear. Key levels: Middle Bollinger Band support: $9.12 Lower Bollinger Band: $8.44 SAR resistance: $9.87 Upper Bollinger Band:…
Filed under: News - @ March 26, 2026 9:27 am