Chainlink Eyes $25 Breakout as Analysts Predict Powerful Bullish Reversal
Brave New Coin
Chainlink is showing bullish sentiment, holding support near $18.00, with analysts targeting a $25 breakout for a major trend reversal.Summary
Chainlink (LINK) is demonstrating resilience by maintaining strong structural support around the $18.00 level despite market volatility, suggesting a re-accumulation phase. The immediate resistance is set at $20.00; a confirmed breakout above this level with high volume could propel LINK toward $22.00 and $24.00.
Furthermore, analyst Ali projects a powerful, long-term bullish reversal if LINK sustains above $25, referencing a symmetrical triangle pattern that could lead to targets as high as $99. Currently trading around $18.57, LINK's rising volume and defense of the $18.00 pivot point reinforce the bullish outlook for continued upward momentum.
(Source：Brave New Coin)