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BlockNews
Home CRYPTO CHAINLINK

Chainlink Teeters on Edge of Breakout As Bullish Signals Stack Up

by Drop Gorn
June 28, 2025
in CHAINLINK, CRYPTO, FINANCE, OPINION
Reading Time: 2 mins read
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  • LINK sits just above key support, coiling for a potential breakout
  • RSI and volume patterns suggest buyer strength is returning
  • A break above resistance could send LINK soaring toward $25 targets

Chainlink (LINK) might finally be ready to make a move. After months of bouncing around in a tight range, the token’s sitting just above $13—clinging to that $11.50–$12.00 support like it means business. And it’s been poking at a downward resistance line that’s been dragging it down since early 2025. Could that line be about to snap?

What’s interesting here is the pattern—it’s a descending triangle, which yeah, usually leans bearish. But when it forms after a period of steady accumulation, sometimes… it flips the script. That’s what’s got a lotta folks leaning in right now.

All Eyes on a $25 Push?

There’s some decent bullish chatter bubbling up. LINK is flirting with its 50-day moving average—a level that often plays gatekeeper before a new uptrend kicks off. The RSI is perking up too, climbing outta the oversold basement, which usually means buyers are starting to nibble again.

Add to that some chunky volume sitting around the support zone—looks like accumulation, plain and simple. If LINK punches through that falling resistance line, there’s a real shot it heads straight toward the $18–$25 range. That band’s loaded with past price tops and big-volume nodes, so it’s not gonna be a cakewalk, but it’s the next logical target.

Chainlink Link Technical Analysis

Momentum’s Picking Up—But Is It Enough?

From a technical angle, the stars are aligning. Volume’s been rising just as price pushes higher, and a few momentum indicators are turning friendly. It’s not a breakout yet—but it’s kinda building like one. Traders are watching closely, especially as the weekend approaches when crypto markets can get wild.

If LINK clears that resistance and holds the move, don’t be surprised to see a rush of interest and maybe even a sharp leg up. Still, it needs that first clean break to confirm the hype.

Tags: $LINKBlockchainChainlinkcrypto
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