LINK rebounds 4% to trade near $14, leading gains as sentiment improves across cryptocurrencies.

Chainlink’s LINK token extended its recent momentum on Tuesday, climbing 4.17% to just below $14 amid rising institutional appetite for oracle infrastructure assets. Analysis from CoinDesk Research suggests that if this strength continues, LINK could be positioned to challenge the $14.50 level in the near term.

The token’s move stood out in a market that has struggled for direction, with LINK outperforming both bitcoin (BTC$84,842.08) and the broader CoinDesk 5 Index. Its advance cut through several resistance zones, signaling renewed technical conviction following a period of muted price action.

A key catalyst for the surge was a clean breakout above the $13.58 resistance level, which coincided with a notable jump in trading activity. Volume surged 95% above the daily average, according to CoinDesk Research’s tool, indicating sustained buying pressure rather than short-term speculation. The persistent accumulation throughout the day reinforced the bullish tone behind the rally.

LINK’s chart has formed a well-defined staircase pattern, marked by higher lows and measured breakouts—typically a sign of strengthening market structure. A decisive move above the psychological $14 threshold could open the door to further gains, with technical models identifying targets between $14.25 and $14.50 if momentum holds.

Key Technical Levels

Support/Resistance: Initial support sits at $13.30–$13.40; resistance emerges at $14.00 and again at $14.25.
Volume Trends: The breakout was validated by a 95% surge in volume, with per-minute trading activity exceeding 65K.
Chart Pattern: LINK is trending within an ascending setup, stepping higher from a $13.11 base.
Targets & Risk: Upside targets are clustered between $14.25 and $14.50, while downside risk appears limited by support around $13.70.