
Jakarta, Pintu News – As of September 16, Chainlink’s price briefly rose above $23.5, registering a gain of 2.7%.
The capital turnover that occurred ahead of the Fed’s interest rate cut in the US led LINK to record better daily performance than Ethereum and Tron .
This rise also coincides with the announcement of a major strategic partnership with Aethir , which is likely to further boost positive sentiment towards Chainlink.
On Tuesday, Chainlink confirmed via the X platform that it has joined AethirCloud’s AI Unbundled Alliance, an industry initiative that aims to drive the development of AI-based Web3 infrastructure.
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By joining the alliance, Chainlink expands its role as an industry-standard oracle platform, enabling the creation of workflows that can be verified across multiple blockchains and traditional systems.
As part of this partnership, Chainlink Labs will be the prize sponsor of the hackathon and provide special grants for participants of the AI Unbundled program.
Developers joining the alliance will also get early, prioritized access to the Chainlink Runtime Environment (CRE), a decentralized execution layer that enables the creation of workflows across blockchains and external systems.
“We are excited to join Aethir’s AI Unbundled Alliance to empower developers with industry-standard infrastructure, while accelerating the creation of reliable, scalable, and interconnected AI-driven Web3 applications. The Chainlink Runtime Environment provides secure and verifiable orchestration capabilities for AI agents operating in both onchain and offchain systems,” said Ash Nathan, Strategic Innovations Lead at Chainlink Labs.
Chainlink’s focus on AI is also in line with the Ethereum Foundation’s recent move to launch the dAI team, with the aim of building decentralized blockchain infrastructure to bridge blockchain technology and AI systems.
Technically, Chainlink’s price condition still shows a positive trend, but it faces a big challenge at the $25 resistance level. As of September 16, LINK’s price was trading around $23.7, remaining above the Keltner Channel’s midline of $23.6.
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The MACD indicator shows uncertain market conditions – the MACD line is at 0.37, slightly below the signal line at 0.41. This reflects market indecision. If a bullish crossover occurs, then the chances of retesting the $25 resistance will become stronger.

Conversely, if trading volumes do not pick up, LINK risks dropping back to the lower support area around $23.1.
If the price is able to close above $25, then further upside potential is open towards the next resistance at $26.1. However, the Delta Volume indicator shows a negative reading of -317,000, signaling that selling pressure is still dominant. This is a hindrance to the bullish momentum, despite the recent uptick in the price.
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