Chainlink (LINK) Price Rally: Will It Hit $30? Key Levels to Watch

Chainlink (LINK) is showing bullish signals. Analysts are eyeing key levels and a potential rally. Will LINK reach $30? Let's dive into the insights.

Chainlink (LINK) is sparking interest as analysts track potential bullish setups. Will LINK price hit $30? Let's break down the key rally levels.

LINK's Bullish Momentum

Analysts like CryptoWZRD, Invest DeCrypted, and LucianoBTC are spotting bullish signals for LINK. They're focusing on daily strength, long-term market structure, and the overall uptrend since July.

Key Levels and Targets

Near-Term Trading Range: LINK is holding gains around $21.5. Resistance is at $23-$24, then $26-$27, with $30 as a major target. CryptoWZRD suggests LINK's performance against LINKBTC could fuel a rally toward $30.

Weekly Market Structure: LINK is trading above its Bull Market Support Band ($18.5-$19.7). A weekly close above $30 could confirm a cup-and-handle breakout, targeting $90.5 and $143.0 into 2026.

Bull Flag Formation: LINK is in a downward channel (bull flag). Resistance is near $23-$24, then $26-$27, and $30-$31. A break above the channel could trigger a move to $30-$34.

Analyst Outlook

Analysts agree: defend $20, retake $23-$24, and aim for $26-$27 and $30. A weekly close above $30 could lead to $35-$44, then $60, and even $90 or $140 long-term.

Chainlink in 2025

Chainlink has cemented its place as a key infrastructure project, and 2025 has been a year of strong performance. Trading near $23.46, LINK is up 82% this quarter, its best run since 2021. Chainlink continues to lead in decentralized oracles, providing secure data feeds that power DeFi protocols and tokenized finance.

Latest Analysis: Support and Wave Counts

Crypto Seth notes LINK's uptrend since late 2024, with $20-$21 as a key support zone. Holding this could lead to $23.5-$25 and $28-$31. A break above $31 might open a path to the mid-$40s.

PascalTrades sees LINK finishing a Wave (4) pullback, with bullish divergences. Holding $19-$20 and reclaiming $22 could trigger a Wave (5) move toward $23.5–$26, with potential to challenge $27–$30.

The Bottom Line

Keep an eye on that $20 mark, folks! If LINK holds steady and busts through those resistance levels, we could be looking at a serious rally. It's like watching a baseball game – waiting for that grand slam! So, buckle up and enjoy the ride!