Rise

Higher

bullish

Chainlink

<ul class="wp-block-list"><li>LINK climbed from around $11.00 to $12.20, with $12.40-$12.45 acting as the key near-term resistance zone.</li><li>Michael van de Poppe sees 1,600 sats as a major breakout level, potentially opening a move toward 2,200-2,400 sats.</li><li>Santiment reported a 43% rise in new LINK addresses, while positive MACD and sub-overbought RSI support the bullish setup.</li></ul><p>Chainlink (LINK) has <a href="https://x.com/CryptoMichNL/status/2096270884046819584?s=20" rel="noopener noreferrer nofollow">climbed</a> from about $7 to $12.20, with short-term momentum staying positive as traders watch $12.40-$12.45 resistance. Analyst Michael van de Poppe also identified a longer-term setup, with 1,600 sats as the next major level and 2,200-2,400 sats as his potential target range.</p><h2 class="wp-block-heading" id="strong-link-reclaims-12-as-buyers-push-higher-strong"><strong>LINK Reclaims $12 As Buyers Push Higher</strong></h2><p>LINK rose from the Sept. 2-3 lows near $11.00-$11.10 to $12.204. The move formed higher highs and higher lows, while price broke above the $12 psychological level. However, <a href="https://cryptofrontnews.com/chainlink-holds-11-30-as-link-tests-12-resis/" rel="noopener noreferrer nofollow">LINK</a> reached about $12.45 before pulling back.&nbsp;</p><p>The latest candle opened at $12.247, reached $12.286, fell to $12.132, and closed at $12.204. That pullback came as resistance appeared around $12.40-$12.45. Meanwhile, $12.00 now stands as near-term support, with $11.80-$11.60 below it.</p><h2 class="wp-block-heading" id="strong-michael-van-de-poppe-flags-1-600-sat-break-strong"><strong>Michael van de Poppe Flags 1,600-Sat Break</strong></h2><p>Michael van de Poppe said <a href="https://cryptofrontnews.com/chainlink-breaks-10-as-analyst-claims-link-bear-market-is-over/" rel="noopener noreferrer nofollow">LINK had downtrended</a> for an extended period before its trend turned bullish. He noted that previous resistance levels were becoming support. According to van de Poppe, a break above 1,600 sats could allow the move to continue toward 2,200-2,400 sats.&nbsp;</p><p>He described that range as a potential return opportunity. The dollar price setup also has a higher resistance zone ahead. A decisive move above $12.40-$12.45 could put $12.60 next, while rejection could send LINK toward $12.00.</p><h2 class="wp-block-heading" id="strong-santiment-tracks-43-growth-in-new-link-wallets-strong"><strong>Santiment Tracks 43% Growth In New LINK Wallets</strong></h2><p>Santiment reported a 43% increase in new LINK <a href="https://cryptofrontnews.com/ethereum-addresses-surge-as-eth-price-holds-near-1880/" rel="noopener noreferrer nofollow">addresses</a> during the past week. It compared the figure with activity recorded during the first half of August. UNI posted an 87% increase, while AAVE gained 46%.&nbsp;</p><figure class="wp-block-image size-large"><img src="https://cryptofrontnews.com/wp-content/uploads/2026/09/HROcUtoW8AEar4h-1-1024x569.jpeg" alt="" class="wp-image-47111"><figcaption class="wp-element-caption"> Source: Santiment </figcaption></figure><p>SOL followed with 32%, whereas ETH recorded an 8% decline. Santiment also noted that new addresses remain easy to create. Therefore, some growth can come from incentive-driven wallets rather than genuinely new users.Meanwhile, LINK’s RSI is at 59.51, above the neutral 50 level but below overbought territory.</p><figure class="wp-block-image size-large"><img src="https://cryptofrontnews.com/wp-content/uploads/2026/09/LINKUSDT_2026-09-06_10-20-11-1-1024x724.png" alt="" class="wp-image-47112"><figcaption class="wp-element-caption"> Source: TradingView </figcaption></figure><p>Its RSI moving average was 64.93. The MACD line remained above its 0.114 signal line at 0.120. The histogram stood at 0.006, keeping the indicator positive while showing limited acceleration.</p>

Chainlink Eyes $12.45 Break As New Wallets Rise 43%

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