Key Insights:
- A clear move above the $25 resistance zone could mark the beginning of a major bullish phase for Chainlink price.
- If LINK manages to break and hold above that critical threshold, the next major targets appear near $36, followed by the $52–$74 range.
- Data shows increased whale accumulation during a period of price consolidation, a sign that large investors may be positioning ahead of a potential breakout.
A top analyst revealed Chainlink price needs to break above $25 to activate a strong rally past $100.
Data from TradingView shows that Chainlink has faced a notable decline, slipping nearly 10% in the past week and losing about a quarter of its value since its October peak. The token is now trading around $17.89, which marks a 10.49% drop from its highest level so far this year.
Analysts noted that the recent pullback reflects broader market caution, as investors take profits and reassess risk across major digital assets.
Chainlink Price To Soar Past $100 Once It Breaks Above $25, Says Expert
A chart shared by Ali_charts paints a compelling picture of Chainlink’s long-term setup.
After months of consolidation within a tightening symmetrical triangle, the price appears to be approaching a decisive breakout point. At present, LINK is trading around $18, holding steady above key support levels that have historically triggered strong rebounds.
Technically, the chart suggests that a clear move above the $25 resistance zone could mark the beginning of a major bullish phase.
The pattern’s structure, combined with historical reactions to similar breakouts, implies growing potential for momentum-driven gains.
If Chainlink manages to break and hold above that critical threshold, the next major targets appear near $36, followed by the $52–$74 range.
The long-term projection, as outlined in the chart, envisions a possible run toward $100, though such a move would likely unfold in stages with healthy pullbacks along the way.
As Ali_charts noted, “the next time Chainlink breaks $25, it could ignite a bull rally to $100.”
The setup shows a market in quiet anticipation, one strong breakout away from turning consolidation into a full-fledged rally.
Accumulation Spree Sees 54.4 M LINK Acquired At $16
Roughly 54.47 million LINK tokens have been accumulated around the $16 level, forming what appears to be a strong and well-defined support zone.
This accumulation zone is significant because it suggests that large holders are positioning themselves for potential upside.
Historically, such heavy buying activity near a stable price floor has often preceded sharp upward moves, especially when broader market sentiment begins to turn.
From a technical perspective, LINK continues to trade within a long-term symmetrical triangle, gradually tightening as price volatility compresses.
The repeated defense of the $16 area adds further strength to this base, reinforcing it as a key battleground between bulls and bears.
If LINK continues to hold above this range, the next resistance levels to watch lie near $20 and $25.
A decisive breakout above $25 could shift the market’s tone entirely, opening the door to a larger bullish structure. This structure could target the $36 to $50 zone over time.
Chainlink Whale Accumulation
The latest Chainlink (LINK) heatmap from Glassnode, shared by SlooReviews, reveals a market quietly building momentum beneath the surface.
The data shows increased whale accumulation during a period of price consolidation, a sign that large investors may be positioning ahead of a potential breakout.
The cost basis distribution indicates that most recent buying activity has clustered between $16 and $18, creating a dense area of support. This zone has acted as a magnet for accumulation, suggesting strong conviction among holders even as LINK hovers near key resistance levels.
On the chart, price action appears to be shaping a double-bottom pattern, often viewed as a bullish reversal signal.
The structure points toward a possible breakout if LINK can close decisively above the $20 mark. A move beyond that level could open a clear path toward $24, representing roughly a 35% gain from current prices.
