Chainlink has gained 35% over the past 30 days, and renewed ETF inflows are reinforcing expectations that LINK can push above $15. The token is holding $11 support after a pullback, with traders now watching whether a close above $12 can reopen the path toward its recent high.
Chainlink price has gained 35% over the past 30 days, strengthening expectations for a move above $15. LINK is attracting attention as institutional flows improve market confidence ahead of major catalysts.
Bitcoin was trading under $78,000, Ethereum was close to $2,500, and XRP was trading around $1.36. Markets are now looking for CLARITY Act developments and the next FOMC meeting, and positive policy messages and sustained demand could sustain Chainlink's recent upward trend.
Chainlink ETFs rebound as September inflows reach $5.36 million
Chainlink price remained in focus as LINK exchange-traded funds returned to positive inflows following a subdued start to September. Bitwise's CLNK and Grayscale's GLNK attracted $1.09 million on September 9 and $4.27 million the following day, though the inflows were still light compared with several more robust sessions in August.
Net inflows for both funds were zero on September 11, and combined net inflows over the years have totaled $151.76 million. Total trading volume amounted to $4.92 million, and total net assets were $181.83 million, accounting for approximately 2.10% of Chainlink's market cap during the reporting period. Grayscale's GLNK remained the bigger product with $135.88 million in assets and $3.36 million in trading value, falling 0.39% to $10.27, while Bitwise's CLNK held $45.95 million in assets and $1.56 million in trading volume.
Can LINK rally 29% toward $15?
LINK traded at $11 on September 12, declining 0.73% during the latest four-hour period. The pullback brought LINK below $12, marking the first resistance point for a potential new rally, but Chainlink has repeatedly reacted near $11, confirming the area as important short-term support.
The MACD line was at -0.169 while the signal line was at -0.180, and a positive histogram reading of 0.011 suggests bearish momentum is slowly diminishing, though both remain below zero. The RSI is in the 38.65 range, above the oversold zone.
A four-hour close above $12 would reopen the way to the recent $13.30 high, and breaking that swing area may redirect attention to the next resistance at $14. The final upside target is $15, about 29% from the indicated entry area.
Source: CoinGape
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