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
- Atkins Says SEC Mobilizing All Divisions to Achieve Crypto Dominance2025-08-15 15:35:57
- Bitcoin Deribit Index Hints Caution for BTC Price: Details2025-08-15 15:33:39
- Coinbase’s XRP Mystery Deepens as $51,848,056 in Coins Stuns Major US Exchange2025-08-15 14:55:43
- Bitcoin as 'Everyday Money': Jack Dorsey Issues BTC Vision Reminder2025-08-15 14:53:22
- Bitcoin (BTC) Price Prediction for August 152025-08-15 14:47:34