Chainlink trades at $9.855, pressing into the Keltner Channel upper band at $10.132. A daily close above it would be the first real technical signal on the daily chart since the downtrend began in September 2025. Two pieces of news this week give that level more weight than usual.
Daily Chart: Eight Months Of Downtrend Compress Into $10
$LINK peaked near $28 in September 2025 and has not looked back since. The Keltner Channel has been contracting since February with price now testing the upper band from below. The 20-day EMA at $9.237, 50-day at $9.631, 100-day at $10.985, and 200-day at $13.027 are all above price. A close above $10.132 is the first domino.
Key levels:
- Keltner lower band: $8.341
- Channel midline: $9.237
- Upper band resistance: $10.132
- 100-day EMA: $10.985
- 200-day EMA: $13.027
TPLUS: Chainlink’s Biggest Institutional Deployment Of The Year
EPOCH Digital Credit launched TreasuryPlus on March 18, a tokenized private credit fund distributed across 22 channels in six markets from day one, powered by Chainlink CCIP and SmartData for cross-chain interoperability and onchain NAV reporting. It runs on Ethereum, Solana, and Stellar with Ascent Fund Services handling traditional fund administration.
EPOCH’s credit team has executed nearly $9 billion in receivables without a single default. The fund supports fiat and stablecoin subscriptions across Singapore, Hong Kong, the US, UK, Europe, and the UAE. For Chainlink, this converts infrastructure into direct protocol revenue rather than just integration announcements.
The $XRP Ghost Chain Fight
The bizarre retail thesis of $XRP is that it will become the global reserve currency that everything trades against, the so-called “$XRP standard”
— Zach Rynes | CLG (@ChainLinkGod) March 15, 2026
Rather than trading Dollars for Euros directly, you would trade USD for $XRP, and then $XRP for EUR, because this makes payments…
Chainlink’s Zach Rynes called XRPL an obsolete ghost chain this week, citing its under 1% share of the RWA market and less than 0.01% of stablecoin supply. He also argued that Ripple’s $750 million share buyback was funded through $XRP token sales, questioning whether holders benefit from the company’s growth.
Ripple CTO David Schwartz called it logically flawed. The sharpest counter came from $XRP community voice xrpmickle, who argued the $LINK token has no economic necessity and that Chainlink’s oracle network would run fine without it. Rynes hit back pointing to $1.1 million in weekly $LINK buybacks funded by protocol revenue, a direct contrast to the $XRP sales model.
Worth noting: Ripple’s RLUSD stablecoin already uses Chainlink price feeds, and Garlinghouse and Nazarov have publicly appeared on good terms. The feud is entirely community-driven. $XRP’s market cap is $91 billion against $LINK’s $7 billion, though $LINK is down 81% from its peak versus $XRP’s 59%.
Outlook: Will Chainlink Go Up?
- Bullish case: Daily close above $10.132 breaks the Keltner upper band, targeting the 100-day EMA at $10.985. TPLUS adoption and continued enterprise deployments support the move.
- Bearish case: Upper band rejection sends price back to the $9.237 midline. A break below the Keltner lower band at $8.341 puts $LINK at new multi-year lows.
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