Chainlink Rises Above $9.70 While LaINK BTC Pair Tests Key Levels

Chainlink moved higher on March 16, and traders tracked gains in both the dollar pair and the Bitcoin pair.

The move matters for short-term traders, swing traders, and holders because LINK has been trying to recover after a longer weak stretch.

Latest charts show what happened, when it happened, where the price paused, and how buyers tried to regain control. The rebound still sits inside a cautious setup, so traders are watching whether LINK can hold the latest gains.

LINK BTC Chart Shows Buyers Stepping In

LINK BTC intraday chart from Investing.com showed price at 0.00013170 at press time, up 0.00000260 or 2.01%, the pair started the session closer to the 0.00012700 area, and then built a gradual climb through March 15 and March 16, with only a mild evening dip before fresh buying returned.

According to the investment.com chart, the strongest push came early on March 16, when the pair broke above 0.00013000 and later spiked near 0.00013300. After that move, price eased back, yet it kept trading near 0.00013170, which showed buyers managed to defend most of the breakout zone. The chart ended close to the upper part of the day’s range.

Performance table added more detail for traders, LINK BTC was up 1.62% in one week and 1.54% in one month, however, it was still down 10.59% in three months, 34.51% in six months, and 18.65% in one year, that tells traders the latest bounce is real, but it is still working against a weaker medium term trend.

LINK/USD Chart Shows Stronger 24-hour Momentum

Additionally, the dollar chart placed Chainlink at $9.71, up 5.57% over 24 hours, with an intraday low of $9.14 and a high of $9.80, that means buyers lifted the token by $0.57 from the low to the high and kept the price close to the top of the range at press time.

The same BraveNewCoin chart showed a market cap of $6.89 billion, while 24-hour volume was listed above $500 million, and the chart panel showed $567.46 million. Available supply stood at 708.10 million LINK, and the token remained far below its all-time high of $52.70, with the ATH drawdown shown at 81.57%.

On one hand, that setup matters for the community around Chainlink because active traders often look for strong volume during rebounds. Moreover, a near-range high close suggests buyers stayed engaged late in the session; nevertheless, the large gap from the record high shows longer-term holders are still dealing with a much bigger recovery task.

LINK/BTC Rebounds as Technical Signals Begin to Stabilize

On the other hand, the TradingView LINK BTC daily chart showed an open at 0.0001305, a high at 0.0001332, a low at 0.0001301, and a close at 0.0001317, up 1.15%, volume stood at 15.16K LINK, and that close matched the stronger tone seen on the intraday chart, which supports the trader-driven rebound angle.

Diving further into the TradingView chart, the Bollinger Bands showed the upper band at 0.0001348, the middle band at 0.0001303, and the lower band at 0.0001258. The price closed above the middle band, but below the upper band, so LINK BTC moved into a firmer short-term position without reaching a stretched level. Additionally, this places the pair near a technical zone where traders often watch for follow-through.

The CMF reading was -0.03, which means money flow stayed slightly negative even as price improved, compared with the Investing intraday chart. TradingView shows the rebound more clearly inside a wider recovery attempt from February lows near 0.0001200; the weak CMF says traders still need stronger accumulation before calling it a full trend turn.