Chainlink Price Targets $15 as LINK ETF Inflows Rebound

Chainlink price has climbed roughly 35% over the past 30 days, fueling expectations that LINK could extend its rally toward the $15 level. Improving institutional demand and upcoming U.S. policy and monetary catalysts are supporting market confidence despite broader crypto volatility.

LINK traded near $11 on September 12 after falling 0.73% during the latest four-hour period. Meanwhile, Bitcoin remained below $78,000, Ethereum hovered near $2,500, and XRP traded around $1.36. Investors are closely watching developments surrounding the CLARITY Act and the upcoming FOMC meeting for potential market-moving signals.

Institutional interest in Chainlink has also shown signs of recovery. Bitwise's CLNK and Grayscale's GLNK recorded inflows of $1.09 million on September 9 and $4.27 million on September 10, bringing September inflows to $5.36 million. However, both products reported zero net inflows on September 11.

Combined historical net inflows for the two Chainlink investment products reached $151.76 million. Their total trading volume stood at $4.92 million, while net assets totaled $181.83 million, representing about 2.10% of Chainlink's market capitalization during the reporting period.

Grayscale's GLNK remained the larger product, holding $135.88 million in assets with $3.36 million in trading volume. Bitwise's CLNK held $45.95 million in assets and generated $1.56 million in trading activity.

From a technical perspective, $11 has emerged as an important short-term support level for Chainlink price. Holding this area could allow LINK to stabilize before attempting another breakout above $12. A sustained drop below $11, however, could weaken the recovery outlook.

Momentum indicators are showing early signs of improvement. The MACD stood at -0.169 compared with a signal line of -0.180, while the positive 0.011 histogram suggested bearish pressure was easing. The RSI was around 38.65, remaining above oversold territory.

A four-hour close above $12 could open the path toward the recent $13.30 high. Breaking that level may put $14 in focus before LINK targets $15, representing approximately 29% upside from the indicated entry zone.