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Chainlink price prediction for October stays bullish above $13.25, the level LINK needs to hold to keep its August breakout intact
LINK first needs to retake a rising trendline near $14.30, since it trades at $14.15, just under the line after a spike to about $15.75 in late September. The line runs up from the May high and stopped an early-September rally near $13.65 before price broke above it
The 20-day EMA at $13.25 and the Parabolic SAR at $13.98 are the nearest supports, with the 50-day EMA at $11.95 further down. LINK trades above all four averages, and the 100-day EMA at $10.84 now sits above the 200-day at $10.52
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Chainlink launched Fulcrum on September 30, a tool that lets banks and other large institutions borrow and lend against tokenized assets across different blockchains. The deals are repos, short-term loans in which one side hands over collateral for cash and buys it back days later, and Chainlink says Fulcrum is the first to manage the agreement on one network while cash and collateral settle on others
Chainlink frames the problem as idle assets, citing a Citi estimate that about a quarter of institutional collateral goes unused because of settlement cutoffs, costing the average Tier 1 firm roughly $346 million a year in lost revenue. Fulcrum, which the company calls “a global financing layer for the entire financial ecosystem,” is meant to keep that collateral working around the clock, weekends included
NEW: @openstandard has standardized on Chainlink as an official data oracle for Open USD.Supported by 200+ financial giants like @Stripe, @Mastercard, and @Visa, OUSD brings zero-cost mint/burn mechanics and shared rewards to onchain finance.Open Standard 🤝 Chainlink pic.twitter.com/uDl44DMnKL
Chainlink said on X that Open Standard has made it an official data oracle for Open USD (OUSD), a stablecoin that went live with integration paths through Coinbase, Mastercard, Stripe and Visa. Each path offers free 1:1 dollar minting and burning, and Coinbase’s path opens October 1
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OUSD is issued by Bridge, a Stripe company, runs on Base, Ethereum, Solana and Tempo, and keeps its reserves at BlackRock, Lead Bank and BNY. Open Standard counts more than 200 financial and business partners. Neither post says what data Chainlink will supply or what it earns for doing so
LINK holds the 20-day EMA at $13.25, retakes the trendline near $14.30 and closes a day above $15. That puts the late-September high near $15.75 in range, with Fulcrum and the OUSD oracle role adding to the institutional news flow
LINK loses the SAR at $13.98 and the 20-day EMA at $13.25, which would turn the trendline break into a failed one. A daily close below the 50-day EMA at $11.95 would expose the 100-day EMA at $10.84
LINK could extend toward $15 and then $15.75 in October if it holds above $13.25 and retakes the trendline near $14.30. A daily close below the 50-day EMA at $11.95 would put the 100-day EMA at $10.84 in play
It is unlikely from the current setup. $20 would need a gain of about 41% from $14.15, and LINK would first have to clear $15.75, the highest price on a chart that starts in May
Yes, if it loses $13.25 and the trendline break fails. $12 is a drop of about 15% from $14.15, with the 50-day EMA at $11.95 sitting just below it and the 100-day EMA at $10.84 next
Fulcrum is a Chainlink tool announced September 30 that lets institutions run repo-style loans against tokenized collateral across different blockchains. Chainlink’s announcement does not say how it would affect demand for LINK, and price has pulled back since it launched
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