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Chainlink (LINK) Price Surge: Bullish Momentum Targets $16 Resistance Level in 2026

Chainlink (LINK) Price Surge: Bullish Momentum Targets $16 Resistance Level in 2026

Author:
Tronweekly
Published:
2026-01-03 14:00:00
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Chainlink's oracle network just flipped the switch—and the price action shows it.

The $16 Threshold

LINK bulls are eyeing that $16 mark like a finish line. It's not just a number—it's the next major resistance level that could either confirm the uptrend or send traders back to the drawing board. The momentum suggests a serious test is coming.

Why Oracles Matter Now

Smart contracts are only as good as their data feeds. Chainlink's decentralized oracle network provides the critical off-chain data that DeFi, insurance, and gaming protocols desperately need. When the ecosystem grows, LINK demand typically follows—simple tokenomics, really (though most traditional finance types still struggle with the concept).

The Technical Setup

Chart patterns show accumulation, breakout signals, and volume confirming the move. This isn't random volatility—it's structured momentum building toward a clear objective. The path to $16 looks technical, not speculative.

Market Context

While some crypto assets chase memes, Chainlink's value proposition remains stubbornly utilitarian. It's infrastructure—the plumbing of Web3. Boring? Maybe. Essential? Absolutely. And in a market that occasionally forgets fundamentals, that reliability attracts capital looking for more than just hype.

The Bottom Line

Watch the $16 level closely. A clean break could open higher targets, while rejection would force a reevaluation. Either way, Chainlink continues proving that in crypto, the most valuable things often aren't the shiniest—they're the ones that actually work. (Take that, Wall Street spreadsheet jockeys still trying to value blockchain projects with discounted cash flow models.)

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Source: CoinMarketCap

Chainlink Shows Strong Bullish Momentum

Popular crypto analyst, CRYPTOWZRD, pointed out that LINK had a strong close. The LINK/BTC market also broke above the lower high trendline in the daily charts, which indicated a chance of a further push up in the short-term charts. According to the report, a test of support at the $12.80 level, which holds as new support, may serve as a possible long trade entry point.

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Source: X

The charts for both LINK and LINK/BTC are also positive. This is because LINK/BTC has closed positively for the second day consecutively. This translates to increased momentum. Therefore, if this pattern continues, it is expected that it may reach $16, while $12 is the key support. People will also monitor the activity on the intraday charts.

Chainlink Range Signals Potential Rally

LINK has been ranging inside a certain boundary. Breakouts above $13.50 WOULD be a positive signal for buyers, and a fall below this point may keep prices bound inside a certain range. A slight retracement at $12.80, which supports prices, may be a good buying point.

Anything below $12.80, on the other hand, will be the bears’ territory. The future movements of Bitcoin, particularly the fact that it is approaching the fill of the CME gap, will likely lead to significant developments in the short-term future of LINK.

Overall, the outlook on Chainlink appears to be positive, with major levels being seen at $12.80 in support and $16, while the price action on the price chart on Bitcoin continues to be closely monitored.

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