Is Chainlink a Good Buy at Current Prices?
Chainlink trades at 8.78 USD, roughly 67 per cent below the 12-month high of 26.75 USD set on 23 August 2025, and about 22 per cent above the 12-month low of 7.19 USD from 1 July 2026. LINK has recovered almost 10 per cent over the past 30 days and remains the fifteenth-largest cryptocurrency by market value at 6.57 billion USD. Hence the question: is Chainlink a good buy at current prices, or is the market pricing the oracle network correctly after a year of heavy losses?
The price data in this article was collected by cryptoticker.io on 12 August 2026. Market data comes from CoinMarketCap. We used 365 daily closing prices up to and including 11 August 2026 and calculated the moving averages, the relative strength index and the 12-month extremes ourselves, using the standard formulas: exponential smoothing for the averages and Wilder's method for the RSI.
Chainlink price analysis: where LINK trades and which levels matter
At 8.78 USD, Chainlink sits in the middle of the range that has contained the market since early summer. The lower boundary is the 12-month low of 7.19 USD from 1 July 2026, which held on the first test and has not been challenged since. Above the current price, the 200-day exponential moving average at 10.01 USD marks the first significant hurdle. Between those levels lies the zone in which LINK has spent most of the past ten weeks.
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