bullish

Chainlink

<h2 id="tldr">TLDR</h2><ul><li>LINK trades near $11.89, up 5.11% over the last 24 hours</li><li>A bullish pennant pattern points to a possible breakout toward $15</li><li>The $11 level is acting as key support for the current structure</li><li>Charles Schwab plans to add LINK, SOL, and AVAX to its crypto platform</li><li>Schwab holds 39.8 million brokerage accounts and $13.1 trillion in client assets</li></ul><p>Chainlink is trading at $11.89 at the time of writing. The token has gained 5.11% over the past 24 hours.</p><p>Trading volume over the same period reached $449.77 million. LINK’s market capitalization stands at $8.89 billion.</p><p>The price chart shows LINK holding above $11. This level has become a key support zone for traders watching the token.</p><p>A pattern known as a bullish pennant has formed on the chart. This shape often appears after a strong price move and can signal more upside.</p><p>Crypto analyst Crypto With Gopal shared this setup in a post on X. He pointed out that LINK is consolidating above the $11 support after a strong rally.</p><div class="embed-x"><blockquote class="twitter-tweet"><p><a href="https://x.com/search?q=%24LINK&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$LINK</a> printing a textbook bullish pennant <img src="https://s.w.org/images/core/emoji/17.0.2/72x72/1f440.png" alt="👀" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/17.0.2/72x72/1f4c8.png" alt="📈" class="wp-smiley" style="height: 1em; max-height: 1em;"></p><p>After a strong rally, price is consolidating above $11.00 with buyers defending support. A breakout above the pennant could unleash the next momentum wave toward $15 <img src="https://s.w.org/images/core/emoji/17.0.2/72x72/1f525.png" alt="🔥" class="wp-smiley" style="height: 1em; max-height: 1em;"></p><p>Bulls are holding control — sentiment remains bullish.<a href="https://x.com/search?q=%24LINK&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$LINK</a>… <a href="https://t.co/xBWkpmkzQd" rel="noopener noreferrer nofollow">pic.twitter.com/xBWkpmkzQd</a></p><p>— Crypto With Gopal (@cryptowithgopal) <a href="https://x.com/cryptowithgopal/status/2092865770497921478?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">August 27, 2026</a></p></blockquote></div><p>According to Gopal, buyers are absorbing selling pressure while keeping control of the price. Holding the $11 level could keep the setup intact for another move higher.</p><h2 id="breakout-target-sits-at-15">Breakout Target Sits at $15</h2><p>A clear break above the top line of the pennant would confirm the pattern. If that happens, traders are watching $15 as the next target for LINK.</p><figure id="attachment_205449" style="width: 100%" class="wp-caption aligncenter"><img class="size-full wp-image-205449" src="https://blockonomi.com/wp-content/uploads/2026/08/Screenshot-2026-08-28-at-11-20-21-Chainlink-Price-LINK_USD-Live-Price-Chart-Market-Cap-News-Today-CoinGecko.png" alt="Chainlink Price on CoinGecko" width="857" height="648"><figcaption id="caption-attachment-205449" class="wp-caption-text"><a href="https://www.coingecko.com/en/coins/chainlink" rel="noopener noreferrer nofollow">Chainlink Price on CoinGecko</a></figcaption></figure><p>Volume will play a role in confirming any breakout. Low volume moves can turn into fake-outs that reverse quickly.</p><p>If the breakout does not happen right away, holding the $11 support remains the main focus. Losing that level could weaken the current structure.</p><h2 id="charles-schwab-adds-link-to-its-platform">Charles Schwab Adds LINK to Its Platform</h2><p>Chainlink shared news on X that Charles Schwab plans to add three new tokens to its Schwab Crypto platform. The tokens are Chainlink (LINK), Solana (SOL), and Avalanche (AVAX).</p><div class="embed-x"><blockquote class="twitter-tweet"><p>NEW: Charles Schwab to add LINK to its Schwab Crypto platform.</p><p>As the largest brokerage in the U.S., Charles Schwab serves 40 million brokerage accounts and manages $11.77 trillion in client assets. <a href="https://t.co/dC2IIcaScA" rel="noopener noreferrer nofollow">pic.twitter.com/dC2IIcaScA</a></p><p>— Chainlink (@chainlink) <a href="https://x.com/chainlink/status/2093022871727514072?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">August 27, 2026</a></p></blockquote></div><p>This move expands the list of cryptocurrencies Schwab offers beyond Bitcoin and Ethereum. It gives more traditional investors a way to access these tokens through a platform they already use.</p><p>Schwab reported 39.8 million active brokerage accounts in the second quarter of 2026. The firm also held $13.1 trillion in total client assets during that period.</p><p>Not all of these assets will move into crypto markets right away. Still, the listing could raise LINK’s visibility among a wider group of investors.</p><p>The next moves for LINK depend on two things. One is whether buyers protect the $11 support level, and the other is whether the pennant breakout confirms with volume.</p><p>The post <a href="https://blockonomi.com/chainlink-link-price-holds-11-support-as-bullish-pennant-forms/" rel="noopener noreferrer nofollow">Chainlink (LINK) Price: Holds $11 Support as Bullish Pennant Forms</a> appeared first on <a href="https://blockonomi.com" rel="noopener noreferrer nofollow">Blockonomi</a>.</p>

Chainlink (LINK) Price: Holds $11 Support as Bullish Pennant Forms

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