ChainLink (LINK) price prediction has recently shown signs of regaining bullish momentum after clearing an important technical barrier. The asset’s climb
ChainLink (LINK) price prediction has recently shown signs of regaining bullish momentum after clearing an important technical barrier.
The assets climb above $13.98 has prompted renewed interest among technical analysts, with early signs suggesting the potential for further upside.
Short-term market structure supports the notion of continued recovery, following a bounce from localized support near the $13.15 mark. As trading volume stabilizes and bullish indicators emerge across multiple timeframes, LINK now eyes the $15.00 region as its next strategic milestone.
A sequence of higher highs and higher lows began forming after this point, signaling ongoing buying pressure and active accumulation. The price then advanced past the $13.983 mark—formerly a resistance level—validating the initial breakout setup and adding strength to the short-term bullish outlook.
Source: X
Momentum continued to build as LINK approached $14.27, the next resistance zone highlighted by the analyst. The region now serves as a near-term test level that could determine the strength of follow-through buying. A confirmed move above $14.27 would likely open the path toward $14.591, a previously tested level that may serve as a reaction zone due to role reversal.
Traders are now monitoring the consolidation between $13.47 and $13.98 as a potential re-entry area should the price pull back, while a sustained close above $14.27 could accelerate movement toward higher price levels.
ChainLink Price Prediction: Accumulation Patterns and Medium-Term Targets
On the one hand, the 24-hour performance chart shows a mild yet consistent upward trajectory, with LINK price prediction closing at $13.44 and registering a 2.55% gain for the session. The price experienced an intraday dip to around $13.30 but rebounded twice, peaking near $13.45 before entering a stable recovery.
Source: Brave New Coin
Market cap currently stands above $9.1 billion, while trading volume reached approximately $176.6 million, indicating stable participation and liquidity. These dynamics suggest an accumulation phase where buying interest is sustained but measured, reflecting moderate confidence among market participants.
While the chart structure supports the potential continuation, the analyst also advised implementing strict stop-loss levels to manage risk. These higher targets align with previously tested zones, reinforcing the technical case for upward extension, provided that price remains supported above $13.98 and momentum continues to build.
Indicators Show Positive Shift in Market Sentiment
On the other hand, recent daily price action suggests that LINK price prediction may be forming a short-term base after reversing from the $10.10 support zone earlier this month. The current price, $13.74, marks a 2.61% increase, adding weight to the case for a sustained rebound.
Price has successfully cleared a recent consolidation zone, and the next technical hurdle is at $16.00, followed by a key resistance at $19.53. The ability to maintain higher lows and breach consolidation ranges suggests growing bullish engagement at current levels.
Source: TradingView
The Balance of Power (BBP) indicator has turned positive, registering a reading of +0.75, confirming the return of buyer control. This shift follows a prolonged period of bearish dominance reflected by red histogram bars. The recent green bars indicate the early stages of a market transition, though continued follow-through is required for confirmation. If BBP remains in positive territory, it may support a gradual climb toward medium-term resistance levels.
The Relative Strength Index (RSI) also supports a strengthening bullish outlook. RSI currently stands at 52.42, having recently crossed above its 42.82 moving average. This crossover is considered an early signal of increasing bullish momentum.
A continued rise above the neutral 50 level would add further validation to the ongoing trend. However, if the RSI fails to hold, it could indicate weakening momentum, prompting a short-term correction. Overall, technical indicators suggest a cautiously optimistic environment, with LINK positioned to extend gains if momentum is sustained above current support zones.
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