Chainlink Price Today Holds $12.67 as Crypto Market Cap Slides 3.47%

On September 8, 2026, the total crypto market cap dropped 3.47% after a Bitcoin-related security incident rattled sentiment. The Chainlink price today holds at $12.67, caught between a firmly bullish daily structure and short-term momentum that is visibly losing steam.
Key takeaways
- Chainlink trades at $12.67, just below the daily pivot of $12.68, with the full daily EMA stack aligned bullishly.
- Daily RSI14 at 66.9 and a thinning MACD histogram suggest upward acceleration is slowing.
- The 1-hour chart flips bearish: RSI at 43.72 with MACD fully in negative territory.
- Total crypto market cap fell 3.47% in 24 hours, yet the Fear & Greed Index remains at 69 (Greed).
- Bollinger Bands place price near the upper band at $12.89, with daily ATR14 of $0.66 highlighting meaningful swing potential.
Daily Chart: Bullish Structure Remains Intact
Zooming out to the daily timeframe, the Chainlink price today still reflects a textbook bullish structure. LINK trades at $12.67, comfortably above its EMA20 at $11.53, EMA50 at $10.35, and EMA200 at $9.75. This is a classic bullish stack โ short-term above medium-term, above long-term โ confirming the uptrend has been building steadily rather than erupting in a single spike.
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