---
title: "LINK Price Forecast: $7.91 or $9.39 looming as Chainlink hits resistance at $8.64. Derivatives sell flow outpacing buyers. Possible 60% pullback to $8.04-$8.14 support."
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293182326.md"
description: "Chainlink is currently encountering strong resistance near $8.64, with a significant amount of derivatives selling activity suppressing buying pressure. There is a 60% likelihood of a potential pullback to the support range of $8.04 to $8.14 in the near future."
datetime: "2026-07-20T07:56:52.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293182326.md)
  - [en](https://longbridge.com/en/news/293182326.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293182326.md)
---

# LINK Price Forecast: $7.91 or $9.39 looming as Chainlink hits resistance at $8.64. Derivatives sell flow outpacing buyers. Possible 60% pullback to $8.04-$8.14 support.

Chainlink is currently encountering strong resistance near $8.64, with a significant amount of derivatives selling activity suppressing buying pressure. There is a 60% likelihood of a potential pullback to the support range of $8.04 to $8.14 in the near future.

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