Chainlink is trading at about $24.19, which is an extension of the sharp rise that started in early August from the $14.00 area. The move has broken through a downward trendline that has kept the price from going up since November 2024. It has now reached a key resistance zone between $24.20 and $24.64. Strong volume profile support at $21.04 and bullish on-chain flows are keeping the momentum going.
Chainlink Price Forecast Table: August 14, 2025
| Indicator/Zone | Level / Signal |
| Chainlink price today | $24.19 |
| Resistance 1 | $26.46 (Fib 0.786) |
| Resistance 2 | $30.93 (2024 high) |
| Support 1 | $23.00 |
| Support 2 | $21.04 (Volume Profile Node) |
| Trendline Structure | Bullish breakout |
| RSI (4H) | Elevated, bullish |
| Supertrend (4H) | Bullish above $21.12 |
| EMAs (20/50/100/200, 1D) | Bullish stack, 20 EMA at $19.47 |
| DMI (14,14) | +DI 52.78, ADX strong |
| Spot Netflow (Aug 13) | $12.61M inflow |
| Smart Money BOS | Above $22.95 |
What’s Happening With Chainlink’s Price?
LINK has broken through several resistance levels on the daily chart, including the Fibonacci zones at $18.00 and $20.50, and is now testing the 0.786 retracement at $26.46.
The breakout from the symmetrical consolidation in July has broken the previous lower-high structure, which means that the market is now in bullish control. Support is now at $21.00, which is also where there is a high-volume node in the visible range profile.
Smart Money Concepts highlight a Break of Structure (BOS) above $22.95, with price now challenging the “weak high” marked near $24.18. If cleared on strong volume, the path toward $26.46 becomes more open.
Why Is Chainlink Price Going Up Today?
The rally in Chainlink price today is driven by the confluence of technical and liquidity factors. Spot netflow data shows $12.61M in net inflows on August 13, indicating increased exchange buying pressure. This follows a multi-day period of negative netflows, suggesting a capital rotation back into LINK.
From a momentum standpoint, the 4-hour chart shows price trading well above the Supertrend support at $21.12, with the Directional Movement Index (DMI) confirming a strong uptrend (+DI at 52.78, ADX elevated, and -DI subdued). This reflects sustained bullish drive.
On the weekly Fibonacci chart, LINK is trading between the 0.618 retracement at $22.95 and the 0.786 level at $26.46. Breaking above $26.46 would put the $30.93 high in focus.
EMAs, Volume Profile, and Trend Confirmation
The daily EMAs (20, 50, 100, and 200) are stacked in a bullish way. The 20 EMA is at $19.47 and the 200 EMA is at $16.06, which gives them layered support. Price has gone above the $21.04 level, which was an important pivot point in previous consolidation zones. The visible range volume profile shows that there is a lot of buying between $16.00 and $21.00, which gives bulls a strong base.
The 4-hour Supertrend remains firmly bullish, and the DMI structure supports continuation. Any pullbacks toward $22.50–$23.00 could see strong demand.
LINK Price Prediction: Short-Term Outlook (24H)
If Chainlink price holds above $24.00, the immediate upside target is $26.46 (Fib 0.786). A break above this level could lead to $30.93, last seen in early 2024. On the downside, support rests at $23.00, followed by $21.04. Loss of $21.04 would risk a deeper retracement toward $19.47.
Given the bullish EMA structure, strong spot inflows, and favorable DMI readings, the near-term bias remains to the upside, with $26.46 as the primary target for August 14.
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