Key highlights:
- Analyst identifies $10.65-$11.25 and $9.23-$9.78 as key dip-buying zones for the LINK price
- Spot ETFs recorded seven consecutive days of net inflows and now hold about 1.99% of Chainlink's circulating supply
- CoinCodex's 1-month forecast places the LINK price at $13.33, with analysts watching a potential move toward $14.50
The LINK price has pulled back after a powerful breakout, but crypto analyst Michaël van de Poppe believes the move higher may not be over. Instead of buying at current levels, he is watching for potential dip-buying opportunities around $10.50 and $9.50 before the next leg of the rally unfolds.
At the same time, institutional interest in Chainlink continues to grow. Spot LINK ETFs have now recorded seven consecutive days of net inflows, giving traders another reason to keep an eye on the asset.
Analysts identify two key LINK price areas to watch
We had a look at the LINK chart and found that the asset spent much of June through mid-August trading in a relatively tight range between $8.00 and $9.50. That quiet stretch ended when buyers showed up hard around August 20.
LINK ran from about $9.50 to a local high of $12.646 in just a few days. Volume was heavy, confirming real demand behind the move. Since then, it's pulled back to around $11.49 and entered a consolidation phase.
I'm looking at dips to be bought on many #Altcoins as I don't think that this run is over.
For $LINK I'm looking at the same picture.
Expecting to see a continuation towards $14.50 in the coming period, and that's why I've got two areas of potential dip buying: $10.50 and… pic.twitter.com/hJrV1U5Row— Michaël van de Poppe (@CryptoMichNL) August 25, 2026
The bigger trend hasn't been damaged, but it raises a key question, where will buyers step in if the correction keeps going?
Van de Poppe says to watch two support zones. The first one is between $10.65 and $11.25. This is the more aggressive buy-the-dip region and is close to where the LINK price is trading now. A bounce from this area would indicate buyers remain active even after the recent rally.
Chainlink ETF demand continues to grow
The bullish case is not based on chart patterns alone. Data shared by BSCN shows spot LINK ETFs have now recorded seven straight days of net inflows. The products added $2.68 million in net inflows at the start of the week after attracting $13.35 million during the previous week.
Seven straight days of net inflows to spot $LINK ETFs.
Spot @Chainlink ETFs now hold 1.99% of $LINK's current supply - That's basically 1 in every 50 $LINK tokens.
The products started this week with +$2.68M in net inflows, following a +$13.35M performance throughout last week.… pic.twitter.com/GF4zvereUZ— BSCN (@BSCNews) August 25, 2026
The numbers become even more interesting when looking at supply. Spot LINK ETFs now hold about 1.99% of Chainlink's circulating supply. In practical terms, that means nearly one out of every 50 LINK tokens is held through ETF products.
Steady inflows can help reduce available supply on the market and provide a consistent source of demand for the LINK price.
Where could the LINK price go next?
The technical setup still leans bullish, as long as those key support levels hold. The breakout from the $8.00-$9.50 range came with strong volume, and momentum indicators are still positive even with the current cooldown.
The pullback from $12.646 looks more like consolidation than a trend reversal. Traders are watching the same zones Van de Poppe pointed out. If LINK finds support between $10.65 and $11.25, or even deeper at $9.23 to $9.78, the path to $14.50 stays open.
According to CoinCodex’s 1-month LINK price prediction, the price is projected to reach $13.33, which is above the current trading range near $11.40-$11.50 and would bring the LINK price closer to the analyst's $14.50 upside target if that forecast is achieved.
