---
title: "LINK is currently trading at $8.42, with 70% long positions. Breaking $8.60 can lead to $9.24; failure may drop it to $8.18."
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293840975.md"
description: "The cryptocurrency Chainlink is currently trading at $8.42. Smart money investors are heavily positioned with nearly 70% long on this asset. The MACD indicator is at a neutral inflection point, indicating a potential shift in momentum. If Chainlink surpasses the $8.60 mark, there is a clear path for it to reach $9.24 quickly. However, if it fails to break through this level, the next key support stands at $8.18."
datetime: "2026-07-26T08:52:20.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293840975.md)
  - [en](https://longbridge.com/en/news/293840975.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293840975.md)
generator: "portal-rs"
---

# LINK is currently trading at $8.42, with 70% long positions. Breaking $8.60 can lead to $9.24; failure may drop it to $8.18.

The cryptocurrency Chainlink is currently trading at $8.42. Smart money investors are heavily positioned with nearly 70% long on this asset. The MACD indicator is at a neutral inflection point, indicating a potential shift in momentum. If Chainlink surpasses the $8.60 mark, there is a clear path for it to reach $9.24 quickly. However, if it fails to break through this level, the next key support stands at $8.18.

### Related Stocks

- [CHNL.US](https://longbridge.com/en/quote/CHNL.US.md)
- [GLNK.US](https://longbridge.com/en/quote/GLNK.US.md)
- [CLNK.US](https://longbridge.com/en/quote/CLNK.US.md)

## Related News & Research

- [Wyoming expands Chainlink partnership with onchain reserve verification for FRNT](https://longbridge.com/en/news/297791714.md)
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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**