Chainlink to $28? LINK Price Eyes Bullish Retest
Main Idea
Chainlink (LINK) is showing bullish potential with analysts predicting a possible rise to $28 if it successfully retests the $20 breakout zone, supported by increased whale activity and recent price gains.
Key Points
1. Crypto analyst Ali suggests LINK is in a bullish retest phase at its breakout zone, potentially leading to a rise to $22 or $28.
2. LINK recently broke above $20 but faced resistance at $20.28, dropping to $17.17 before rebounding to $19.53.
3. Whales accumulated over 1.6 million LINK in two weeks, indicating strong buying interest during consolidation.
4. LINK's price rose from a low of $12.20 to $20.28 before the broader market sell-off.
5. At press time, LINK was up 3.53% in the last 24 hours, trading at $19.53.
Description
Chainlink eyeing retest of breakout zone
Latest News
- Shiba Inu (SHIB) Denied at $0.000015: Zero Addition is Next?2025-07-29 09:57:46
- 600,701,531 SHIB Burned in One Go As Key Metric Soars 16,717%2025-07-29 08:44:21
- Scammer Steals $520K in Bitcoin via Hardware Wallet. Avoid This in 5 Steps2025-07-29 07:38:38
- Gemini Adds XRP and SHIB as Collateral for Derivatives Trading2025-07-29 06:23:25
- XRP Has Hidden Danger Brewing, Ethereum (ETH) Unstoppable Rally Continues, Bitcoin (BTC): Clear Resistance Formed2025-07-29 00:22:21