Chainlink price has been slowly climbing, and analysts are starting to sound more bullish again. One of those analysts is CryptoMeownalysis, who shared a fresh update on his YouTube channel about where LINK price could go next in this cycle.
In his video titled “Chainlink LINK Price Prediction: $32-$54? Crypto Analysis,” the analyst looked at the current macro setup and shared his outlook for how things might play out.
LINK Price Still Holding Key Support
CryptoMeownalysis pointed out that even though Chainlink hasn’t made explosive moves recently, it’s still following a very clean structure. LINK has been making higher lows and holding important support levels, which he sees as a healthy sign on the macro time frame.
One level he focused on was $8.12. This price was previously acting as resistance, but now it’s serving as support. He said this area has held up twice now, and that bounce behavior shows strength. He also mentioned that LINK staying above $12.27 is a strong sign that the macro trend is still bullish.
When it comes to upside potential, CryptoMeownalysis gave a clear range. He believes that the next big push could take Chainlink price somewhere between $32 and $54. While he didn’t pinpoint the exact spot, he said this range makes sense based on how LINK has responded to its Fibonacci levels in the past.
According to his analysis, the chart is showing consistent higher highs, and the 0.786 Fib level could be the next resistance area. Even though LINK hasn’t tagged that level yet, the trend suggests it might get there soon.
What Would Invalidate the Bullish Setup?
The analyst also talked about what could go wrong. If LINK comes back up just to hit the 0.618 level and then starts making lower highs, that could trigger a shift toward a downtrend. That would mean the bullish case is weakening and the LINK price could start moving lower again.
But as long as Chainlink holds the $12 area and keeps making higher lows, he believes the bullish scenario is still very much intact.
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To wrap up his video, CryptoMeownalysis made it clear that none of this is financial advice. He simply shared his opinion on where the LINK price could go based on current patterns. Still, the $32 to $54 range is an ambitious but possible target if momentum continues and macro support levels hold strong.
Right now, Chainlink is still above key support zones and is looking to build on its recent upward moves. If the bullish structure holds, the next big surge in LINK price might be just around the corner.
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