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Chainlink Price Surges 10% Amid On-Chain Signal and Rising Open Interest

Guavy AI Editorial Team
Instruments
LINK
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Chainlink's price has increased by 10% over the past week, reaching $8.85 after a 2.14% daily gain.

Analyst Ali Charts pointed out that an MVRV golden cross, which has historically preceded major LINK rallies, has appeared for the first time in over a year.

The same signal was seen before a 155% rally in November 2024 and an 85% rally in July 2025, according to Ali Charts' tweet on August 13, 2026.

In addition to this on-chain signal, Chainlink's open interest has climbed 4.58% to $568.75 million despite a decline in trading volume of 12.86% to $367.59 million.

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Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

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