---
title: "LINK price at $7.91 consolidates near $8.12 resistance; a close above $8.12 could lead to a rise to $8.94."
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/292292359.md"
description: "The cryptocurrency LINK is currently trading at $7.91, displaying a pattern of consolidation. There is a significant bullish sentiment among large investors, although there is a noticeable selling pressure from current market participants. If LINK manages to close above the 50-day Simple Moving Average (SMA) at $8.12, it is likely to reach a target price of $8.94."
datetime: "2026-07-10T08:16:16.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/292292359.md)
  - [en](https://longbridge.com/en/news/292292359.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/292292359.md)
generator: "portal-rs"
---

# LINK price at $7.91 consolidates near $8.12 resistance; a close above $8.12 could lead to a rise to $8.94.

The cryptocurrency LINK is currently trading at $7.91, displaying a pattern of consolidation. There is a significant bullish sentiment among large investors, although there is a noticeable selling pressure from current market participants. If LINK manages to close above the 50-day Simple Moving Average (SMA) at $8.12, it is likely to reach a target price of $8.94.

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**