- Chainlink buyers keep support at $ 13.50, while sales increase and the price approaches the area of the outbreak from the wedge.
- Double floor and falling wedge patterns usually signal upward trends, with $ 14.65 and $ 18 serving as early test tests.
Chainlink (link) has shown signs of a reversal of its multi-month negative trend, and analysts now expect a possible increase to $ 32. This goal meant an increase of 126% compared to the current course, which indicates a high probability of further upward trend in the second half of 2025. On the weekly chart, a technical structure, referred to as a double floor, has formed, which supports the view that the price moment could soon shift in favor of the buyers.
The latest consolidation within a falling wedge pattern strengthens these forecasts. The wedge, which is often associated with reversal, shows that the price narrowed into smaller areas. Dealers watch exactly how Chainlink approaches the apex. An outbreak from this pattern could lead to resistance levels that were previously considered unreachable.
The trading volume has also increased in the range from $ 13 to $ 14, which corresponds to a reconquest of the downward trend line. The trend line, which has been broken for the first time in months, shows that Link wins back to ground from a technical point of view. The simple sliding 50-day average, which now functions at $ 13.50, is another sign that buyers try to keep the line.
Chainlink sees $ 14.65 outbreak for positive setup
The future course of Chainlink will probably meet several resistance zones, with the first $ 14.65. A clean outbreak over this level would confirm the developing interest bully setup. After that, it seems to be the next step in price targets in the range from $ 17 to $ 18. Technical models also indicate that the area between $ 25 and $ 30 could soon come into play, with $ 32 staying within sight if the general market conditions support this.
Henry Lord, a cryptoanalyst at Alts, commented On X:
“These zones often come before the loudest movements. If this occurs, an outbreak towards $ 25-30 would not be surprising for me.”
His comment indicates a shift in the market structure and describes the current phase as a phase of accumulation and consolidation, which often occurs with larger movements.
Look closely guys $LINK has been through months of downtrend and silence.
But something is changing.The downtrend is broken guys, and price is now moving through a clear accumulation and consolidation phase.
These zones often come before the loudest moves. We all know what is… pic.twitter.com/mUTPjst3aP
— Henry (@LordOfAlts) June 21, 2025
Although Link has crossed his 50-day average course, it remains under the 200-dayema. The recovery of this long -term indicator is required for a clearer trend reversal. The course must also break through the $ 16 brand, another important point that the analysts observe closely. Otherwise, Link’s general chart structure is still more declining.
Buyers hold over 18 at 10 – Link View Break Dollar an
Despite the general indecision, the forming double floor pattern shows that the buyers have defended the $ 10 brand well. This line has been tested, but not broken, which shows that strong hands are active in this area. The pattern, which is still in the early stages, must bring the course over $ 18 and hold there to be confirmed. If this is done, a new upward trend could begin.
However, the short -term mood on the cryptom market has come under pressure through external factors such as renewed customs concerns. Although this briefly affected the dynamics, interest in Link now seems to be returning. The MVRV ratio has also risen to the highest level for over a month, which indicates that the dealers expect possible profits.
Chainlink is now reaching a critical turning point. If the persistent dynamic continues and the resistance levels are broken, the path to $ 25- $ 30 is technically feasible. Assuming that the risk mood in the digital area improves, analysts consider $ 32 in the following months.
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