Chainlink (LINK) Gearing Up for Major Move: Fundamentals and Chart Say It All

Chainlink (LINK) is starting to show some serious strength again, and this time, the bullish case isn’t just technical. It’s backed by a string of real-world partnerships and expanding infrastructure.

CryptoED (@Crypto_ED7 on X) just shared his updated LINK outlook and it’s clear he sees this as more than just a short-term bounce. He’s calling it the beginning of a structural move up, fueled by both technical validation and deep institutional involvement.

Chainlink Price Breakout and What the Chart Shows

Looking at the weekly LINK price chart, the setup is hard to ignore. After months of drifting lower inside a falling wedge pattern, Chainlink finally broke out of the downtrend. The price didn’t just pop out and fade either, it broke out, came back to retest the top of that wedge around $13 to $14, and then started moving back up again. That’s a textbook bullish retest, and it’s often what you see before a stronger leg higher.

Right now, the LINK price is hovering near $17. If it can push past the $18 to $20 region, the next logical targets sit near $24 and then potentially $28. Those are the key horizontal levels from previous support zones turned resistance. Volume is ticking higher again, confirming buyer interest at this range.

@Crypto_ED7 / X

The RSI on the weekly is rising from neutral territory and just passed 52, a classic sign of early momentum. The stochastic RSI is also over 90, showing high short-term bullish pressure.

If the momentum continues and price breaks back into the upper Fibonacci ranges, LINK could even retest the $32 zone from earlier highs in this cycle.

Why Fundamentals Could Push LINK Even Further

CryptoED isn’t just leaning on charts. He laid out a list of major partnerships and real-world integrations that could push Chainlink price far beyond the current level. SWIFT is expected to begin using Chainlink’s CCIP tech in November. DTCC is involved. JPMorgan and ONDO just completed a key integration with LINK. There are hints of collaboration with BlackRock, and connections with WLFI and even Trump’s USD1 project are circulating in crypto circles.

Read Also: Litecoin (LTC) Breakout Is Here and the Indicators Are Screaming Buy

When you combine that with their collaboration with Solana and the increasing adoption of CCIP across the DeFi and TradFi space, the argument for a serious LINK rally becomes stronger. According to CryptoED, Chainlink is shaping up to be the foundational infrastructure of the next-generation financial system. In his words, “LINK is the future.”

Between the breakout on the chart, the rising momentum indicators, and the nonstop wave of partnerships and integrations, Chainlink price looks poised for a significant move. As long as support holds above the $14 zone and price stays inside the bullish structure, the LINK price could be gearing up for that next leg to $24 and beyond. It’s one of those rare moments where both the chart and the fundamentals are in complete alignment—and that’s when the biggest moves often happen.

Follow us on X (Twitter), CoinMarketCap and Binance Square for more daily crypto updates.
Read our recent crypto market updates, news, and technical analysis here.

We recommend eToro

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more
Active user community and social features like news feeds, chats for specific coins available for trading.
Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs.
Copy trading: allows users to copy the trades of leading traders, for free.
User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate.
intelligent crypto
How are  regular people making returns of as much as 70% in a year with no risk?  By properly setting up a FREE Pionex grid bot - click the button to learn more.
Crypto arbitrage still works like a charm, if you do it right! Check out Alphador, leading crypto arbitrage bot to learn the best way of doing it.

Tags:

Temitope Olatunji
Temitope Olatunji

Temitope is a seasoned writer with over four years of experience. He specializes in Web3 and FinTech topics and enjoys creating content in these areas. He holds both a bachelor's and master's degree in Linguistics. When not writing, he trades forex and plays video games.

CaptainAltcoin
Logo