ChainLink Token priceLINK

$LINK Price Prediction: Targeting $25.41 Within 2 Weeks as #Chainlink Tests Critical Support LINK price prediction suggests upside to $25.41 as #Chainlink bounces from $18.78 support. Technical analysis reveals mixed signals with neutral RSI at 45.24.

The Chainlink price has recently shown an impressive rebound from the $16 demand zone, an area that has repeatedly served as a launchpad for strong recoveries. This region continues to attract significant buyer interest, reinforcing confidence among investors who see it as a key value range. $LINK structure has been shaping within a descending channel, with the lower boundary consistently sparking renewed momentum. The ongoing rebound now faces crucial resistance levels that will determine whether the current upswing can extend further. At present, Chainlink is consolidating within a descending channel but has managed a decisive bounce from the $16 zone that previously triggered a major rally. This level remains a strong accumulation base, showing that buyers are still in control. The next important resistance sits around $19.95—a level that has historically dictated whether $LINK can transition from recovery to full breakout mode. Each time the price has broken above this point, bullish momentum has followed swiftly, indicating renewed market confidence. From a technical perspective, $LINK appears to be tightening within a symmetrical triangle that has been forming since 2022. This kind of structure often precedes a breakout phase, suggesting that the market could soon make a decisive move. If buyers manage to push $LINK above $19.95, the price could aim for $23.6 in the short term, with a potential extension toward $27 before December. The gradual formation of higher lows further supports the outlook for a sustained bullish continuation. Large holders, often referred to as whales, have also played a key role in reinforcing LINK’s foundation. Over 54 million $LINK have reportedly been accumulated near the $16 range, emphasizing it as one of the strongest on-chain support levels. This pattern of accumulation signals growing conviction among major investors who expect further upside. Historically, similar whale activity around this level has coincided with price reversals, highlighting the strategic nature of their positioning. Exchange data further supports the bullish sentiment, with recent figures showing significant outflows of $LINK from exchanges. On-chain metrics reveal that millions of dollars’ worth of $LINK were withdrawn in a single day, suggesting that holders are moving their assets into storage rather than keeping them available for trading. This behavior typically indicates reduced selling pressure and sets the stage for potential upward price movement as available supply on exchanges decreases. In summary, the $16 demand zone continues to anchor Chainlink’s recovery, bolstered by steady whale accumulation and declining exchange supply. If momentum persists and buyers manage to secure a breakout above $19.95, $LINK could realistically target $27 before the end of the year. The ongoing tightening of the symmetrical triangle pattern reinforces the expectation of a bullish continuation, setting up an optimistic outlook for Chainlink’s next major move.

#Chainlink Price Tests Key Support at $18.28 as Technical Indicators Signal Oversold Conditions LINK trades at $18.28 following a 3.94% decline, with technical indicators suggesting potential bounce from current levels as RSI enters neutral territory.

$LINK on the 4H TF The asset is trading in a correction phase and has approached the key resistance zone of $18.30 – $19.20. The reaction to this range will determine the further short-term movement. Long scenario: For the price to continue rising, it needs to break through and hold above the $19.20 zone. This will open the way to the next major supply zone in the range of $22.00 – $22.77. A successful test of this upper zone may trigger a strong seller reaction. Short scenario: If buyers fail to overcome the current resistance at $19.20, the most likely scenario will be a correction to the nearest demand zone of $16.00 – $16.60. Losing this support will open the way to deeper levels such as $13.72. LINK is at a critical point. A breakout above $19.20 will open the way to $22.00, while a rebound from the current levels will return the price to support at $16.00 – $16.60.