Chainlink (LINK) Finds Ideal Bullish Buy Zone at $14-15, Indicating Potential $50 Rise
Current Price and Buy Zone: Chainlink (LINK) is currently trading at $16.61, with analysts suggesting a buy zone at $14-15, potentially leading to a 233% rally to $50.
Technical Analysis: The price action shows an ascending channel with neutral RSI, indicating a possible reversal as whale accumulation occurs, while a break above the 200-day EMA near $18 could signal further bullish momentum.
Fundamental Strength: Chainlink's Cross-Chain Interoperability Protocol (CCIP) is gaining traction with major banks, enhancing its position as a key player in the DeFi space, especially with Ethereum's scalability improvements.
Market Outlook: Despite potential macroeconomic challenges, the dip is viewed as an opportunity for long-term holders, with a target of $50 grounded in historical price patterns and Fibonacci analysis.
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for LINK
Technical Sentiment Analysis for Chainlink (LINK) As of , Chainlink (LINK) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 0 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for LINK stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, LINK is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Chainlink (LINK) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 3.545 | 5.348 | 7.235 | 9.038 | 10.925 | 12.728 | 14.615 |
| Fibonacci | 5.348 | 6.757 | 7.628 | 9.038 | 10.447 | 11.318 | 12.728 |
About LINK
About the author







