Chainlink Price at Risk of Breaking August Breakout

Chainlink's price prediction for October 2026 remains bullish above $13.25, according to recent analysis.

The analysis suggests that Chainlink needs to retake a rising trendline near $14.30 and hold above the 20-day EMA at $13.25 to keep its August breakout intact.

However, if Chainlink loses the SAR at $13.98 or the 20-day EMA at $13.25, it could expose the 100-day EMA at $10.84 and put the 50-day EMA at $11.95 in play.

The analysis also notes that Fulcrum, a tool launched by Chainlink on September 30, lets institutions run repo-style loans against tokenized collateral across different blockchains, but does not provide information on how it will affect demand for Chainlink.