LINK bullish move could send price to $100 after $10.87 breakout

NewsWed, 12 Aug 2026 09:10:02 UTC2 hours ago
LINK bullish move could send price to $100 after $10.87 breakout

Bitcoin is stuck in a familiar holding pattern, Ethereum keeps drifting inside a tight band, and yet all eyes in the altcoin corner of the market are fixed on one token: LINK. Chainlink’s native asset is sitting on what analysts describe as a critical support zone, and the setup has traders asking whether a genuine LINK bullish move is finally taking shape after years of underwhelming altcoin performance.

Key takeaways

  • BTC trades sideways in the $63,000-$65,000 range while Ethereum holds between $1,800 and $1,900.
  • LINK sits on a critical support zone that previously triggered a massive bounce under a similar chart pattern.
  • A confirmed high time frame close above $10.87 could open the door to targets of $25, $50, and $100.
  • A drop below $4.761 would invalidate the bullish structure and could trigger a fast decline.
  • NEAR, SUI, and FET are flashing similar bullish signals alongside LINK despite a largely absent altseason.

Current Crypto Market Overview

The broader market is quiet on the surface, but the calm is masking a build-up of tension in select altcoins. Bitcoin continues to trade sideways, and that stability is giving traders room to focus on where the next real move might come from.

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