CME Prepares Chainlink Futures Launch While LINK Defends $11.40 Support

Chainlink (LINK) continues to dominate the tokenized asset ecosystem, as of January 30, 2026, supporting secure data feeds, interoperability, and regulatory compliance. Its end-to-end infrastructure allows tokenized assets to function efficiently at scale, positioning LINK as a key player in the evolving digital economy.

CME Group is set to launch LINK futures on February 9, 2026, expanding its crypto derivatives portfolio. Analysis at Water Tower Research, note that this reflects increasing institutional adoption and confidence in LINK’s market relevance. John Roy, Ph.D., highlights that Chainlink’s role in tokenization could have broader impacts on digital asset markets.

Also Read: Chainlink Slides as Volatility Spikes, LINK Tests $12 Support Zone

Chainlink Price Analysis: Support and Resistance Levels

LINK is trading at $11.60, close to a historically strong support zone between $11.40 and $11.80. This zone has repeatedly prevented further declines and may form a double-bottom pattern.

If support holds, the immediate short-term target is $12.20, followed by resistance near $12.40–$12.50. A sustained breakout above $12.50 could pave the way for higher targets around $13.00–$13.20, though moderate selling pressure is expected.

According to the crypto analyst @AltCryptoGems, major resistance is found in the $14.20 to $14.50 price range, although further price increases to $15.00 may also be possible if the price momentum increases. Conversely, if the price goes below $11.40, then the price may further fall to $11.00 or even below.

Technical Indicators: RSI and MACD

From the technical indicators, it appears that LINK is oversold and may experience a bounce in the near future, provided the support holds. In fact, the RSI is at 29, and it is still below its moving average, but it is a sign of strong selling; however, if it moves beyond 30-35, it may be the first sign of relief, according to TradingView.

The MACD is below its signal line and has a negative and expanding histogram, which indicates strong bearish momentum. The selling pressure is still in control. Traders should keep an eye out for a weakening MACD histogram, which might indicate a slowdown in selling pressure and could be a sign of a potential relief move.

Why This Matters

CME Link futures could attract more institutional capital, making the market more liquid and increasing the depth of the market, which could have a significant effect on the volatility of the price in the short term.

The price movement of the asset within the range of $11.40 to $11.80 will determine the confidence of investors before the launch of the futures.

Also Read: Chainlink Acquires Atlas to Expand SVR Across Leading Blockchains