Chainlink’s LINK token remained up about 10% over seven days on September 9, despite pulling back over the latest 24-hour period. CoinMarketCap showed LINK trading near $12.06, with a market capitalization of roughly $9.04 billion and 24-hour volume around $472 million. The weekly advance keeps LINK’s recent bullish breakout in focus.
The move has brought the $18 level into view as the next major upside reference highlighted by the current setup. LINK’s short-term retreat shows that the path higher is not linear, but holding recent gains would keep the broader seven-day recovery intact as traders assess whether demand can extend the move.
The immediate test is whether LINK can stabilize after its latest pullback and preserve the momentum built over the past week. A sustained advance toward $18 would require buyers to maintain control, while renewed weakness could interrupt the breakout and delay an attempt to reach that higher price level.
Source: CoinMarketCap.
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