--- title: "Possible $9.50 or $7.80 for LINK as it hovers at $8.29 with MACD drained and stochastics at 17.51. Smart money 70.3% long." type: "News" locale: "en" url: "https://longbridge.com/en/news/294477549.md" description: "Trading at $8.29, LINK is currently experiencing a standstill, with technical indicators showing weakened momentum. The MACD momentum has been completely depleted, while the stochastics are registering at a significantly low 17.51, indicating oversold conditions. This suggests that any potential breakout could occur rapidly and forcefully. Institutional investors are holding a sizeable 70.3% long position in LINK, which may impact future price movements." datetime: "2026-07-31T07:56:01.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/294477549.md) - [en](https://longbridge.com/en/news/294477549.md) - [zh-HK](https://longbridge.com/zh-HK/news/294477549.md) generator: "portal-rs" --- # Possible $9.50 or $7.80 for LINK as it hovers at $8.29 with MACD drained and stochastics at 17.51. Smart money 70.3% long. Trading at $8.29, LINK is currently experiencing a standstill, with technical indicators showing weakened momentum. The MACD momentum has been completely depleted, while the stochastics are registering at a significantly low 17.51, indicating oversold conditions. This suggests that any potential breakout could occur rapidly and forcefully. Institutional investors are holding a sizeable 70.3% long position in LINK, which may impact future price movements. ### Related Stocks - [LINK.US](https://longbridge.com/en/quote/LINK.US.md) - [CLNK.US](https://longbridge.com/en/quote/CLNK.US.md) - [GLNK.US](https://longbridge.com/en/quote/GLNK.US.md) ## Related News & Research - [Wyoming expands Chainlink partnership with onchain reserve verification for FRNT](https://longbridge.com/en/news/297791714.md) - [Interlink Electronics Q2 revenue rises on higher force-sensing product shipments](https://longbridge.com/en/news/295805339.md) - [Chainlink Price Rally Accelerates — Can Bulls Flip $12 Into Support?](https://longbridge.com/en/news/298111674.md) - [20:17 ETBingX Launches "Connect What's Moving" to Bring Users Closer to Global Market Opportunities](https://longbridge.com/en/news/297711060.md) - [ONWARD Medical to Announce First-Half 2026 Results on September 9, 2026 | ONWRY Stock News](https://longbridge.com/en/news/297993957.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**