Chainlink LINK Rally Watch: MVRV Golden Cross, Whale Surge, Breakout Levels
Chainlink (LINK) is flashing renewed bullish momentum as on-chain activity and key technical triggers align.
In the latest update, analyst Ali Martinez points to a rare MVRV Ratio “golden cross” versus the 200-day SMA—first seen in over a year. Similar MVRV crossovers previously preceded sharp rallies (+155% in Nov 2024, +85% in Jul 2025), increasing the odds that LINK could enter an upside expansion cycle.
Whale and network metrics have also strengthened. Over the last 96 hours, whale transactions above $1M rose from ~1 to ~15, and active addresses nearly doubled from ~2,450 to ~4,800. Martinez further flagged a TD Sequential buy setup on the monthly chart, interpreted as a macro shift from bearish to bullish.
On the daily timeframe, LINK is testing the channel mid-range near $8.80. A daily close above $8.80 may set up a roughly 30% move toward the upper channel area around ~$11.
Earlier analysis emphasized a higher-timeframe breakout plan: a close above $10.87 would confirm bullish structure and potentially extend targets toward $25, $50, and even $100. Key invalidation was also cited via a breakdown level near $4.761.
Trade context: rising institutional adoption and tokenization tailwinds are mentioned as longer-term sentiment support, while the improved whale activity and active addresses may reduce near-term selling pressure—supporting directional bias for LINK if levels hold.
Bullish
This news is net bullish for LINK because it combines (1) a historically meaningful MVRV Ratio “golden cross” versus the 200-day SMA, (2) improving whale transaction intensity and active address growth, and (3) actionable technical levels for traders—$8.80 for a near-term daily trigger and $10.87 for higher-timeframe confirmation.
Short-term, a daily close above ~$8.80 could attract momentum buying toward ~$11, while continued whale activity may help sustain demand and limit sell pressure.
Long-term, confirmation above $10.87 would strengthen the bullish structure case and keep upside scenarios toward $25/$50/$100 on the table. The cited invalidation near $4.761 provides a clear risk boundary: if LINK breaks down, traders would likely reassess the setup. Overall, the combination of “cycle-style” on-chain signals and clear breakout triggers supports a bullish bias for LINK.