Chainlink's LINK token closed the week at $14.04, its highest weekly close since November 2025 and a move above the $13.70 resistance level, according to analyst Quinten. Attention now turns to $15, identified as the next major resistance, while $14.50 remains a nearby hurdle after the recent rally. Separately, analyst Michael van de Poppe highlighted LINK as an older cryptocurrency that could perform better this cycle.

Weekly Close Clears Key Resistance

Quinten said the $14.04 weekly close marked LINK's highest weekly close since November 2025. Weekly closes carry added weight in chart analysis because they set the reference level on weekly timeframes, where a close through resistance is generally treated as more meaningful than a brief intraweek touch. The close also moved above the Aug. 30 weekly close and formed a higher high, a peak that sits above the previous swing point on the chart. He pointed to resistance around $15 — a zone where earlier advances have stalled — which also represents the biggest monthly resistance level, noting that clearing that area could precede a stronger move.

The latest Santiment chart data places LINK near $13.718 after a pullback from its peak around $14.50. The retreat followed an advance that began after the token broke above $10 in August. On the upside, $14.50 remains the nearest resistance, while $14.59 marks the chart's upper displayed boundary.

Van de Poppe Points to Ecosystem Growth

In a post on X, van de Poppe identified LINK among older cryptocurrencies that could perform better than during the previous cycle. He cited continued innovation and growth across the Chainlink ecosystem and described an S-curve pattern developing for LINK, a reference to growth that starts gradually and steepens as adoption compounds. Chainlink operates a decentralized oracle network that connects blockchains with off-chain data, a profile that fits van de Poppe's description of LINK as an older cryptocurrency.

Price Recovery From June Lows

LINK's price history shows a recovery from roughly $7.06 in June. The token traded within a broad range from late March through early June before the recovery gained pace. Momentum accelerated in August after the breakout above $10, and trading activity increased during the August breakout and subsequent September advances, with the latest displayed volume reading at approximately 435.89 million LINK. At its recent peak near $14.50, LINK stood at roughly double its June low.

Moving Averages Define Nearby Support

LINK trades above both its 50-day and 200-day moving averages, which stand at $13.25 and $12.08, respectively. Moving averages smooth price data over a set window and are widely used to gauge trend direction, with shorter windows reacting more quickly to recent price changes. The 50-day average at $13.25 is the nearer support area. If LINK falls below that level, the 200-day moving average at $12.08 becomes the next support level shown on the chart.

The current price action follows the August move above $10 and the subsequent rise toward $14.50. Quinten specifically identified $15 as the next major resistance area, with the latest weekly close now above the $13.70 level.