Chainlink Price Hits $11.46, But Overbought RSI Raises Warning Flags

Chainlink's price reached $11.46 on August 26, 2026, marking a strong advance above its three major moving averages.

The daily chart shows that LINK is trading far above all three EMAs, with the 20 EMA at $10.23, the 50 EMA at $9.29, and the 200 EMA at $9.60.

However, this overextension has put Chainlink in deep overbought territory, with a daily RSI of 72.86, leaving it vulnerable to a sharp pullback or pause.