Chainlink is gaining interest right now. LINK price is holding near $21.00, and two well-followed analysts on X (formerly Twitter) think the setup could lead to a fresh leg higher. Both see strong support under price and early signs of momentum turning back up.
What you'll learn 👉
LINK Support and Demand Zones
Crypto Seth points out that LINK price has been in a steady uptrend since late 2024, making higher lows as it climbed from the mid-teens into the high-20s and low-30s this summer.
He sees the current pullback as a classic retest of the area that kicked off that rally. According to his chart, $20-$21 is the key zone to watch, sitting right on a rising trend cloud and a long-term moving average.
If that floor holds, it sets up a bounce toward $23.5-$25 and eventually $28-$31. Clearing the $31 ceiling could even open a path to the mid-$40s. If the $20 area fails, Seth says the next logical support sits around $17-$18, then $14.5-$15.5, with deeper bases down near $12-$13.
Chainlink Wave Count and Divergences
PascalTrades is looking at the same level through an Elliott Wave lens. He believes LINK just finished a Wave (4) pullback after a strong summer run that peaked in the upper-$20s.
His LINK chart shows a five-wave drop right into a 0.618 Fibonacci retracement zone that also lines up with a weekly fair-value gap and a rising trendline from August.
$LINK Massive divergences showing up
— Pascal (@PascalTrades) September 26, 2025
🔸 4H Bullish Divergence
🔸 Daily Hidden Bullish Divergence
Looks like Wave (4) correction is completing right in the 🔑 demand zone (0.618 Fib + FVG).
Next stop? Wave (5) expansion incoming 🔥
More alpha 👉@CoinCompassHQ pic.twitter.com/etg7sbbToy
Momentum is backing him up. Pascal highlights a 4-hour bullish divergence and a daily hidden bullish divergence, both signs that the down move is running out of steam.
If LINK price can hold $19-$20 and reclaim $22, he expects a Wave (5) move toward $23.5–$26, with room to challenge $27–$30.
Read Also: Chainlink Price to $100? Top Analyst Reveals Best Buying Opportunity Before 6x Rally
What Traders Are Watching
Both analysts agree on the short-term chart: the $20 level is where bulls need to step in. A tidy daily close below there might send price to more profound support, but staying above it continues to support the bigger uptrend and sets up a potential retest of the late-summer highs.
For now, traders are watching if the price of LINK confirms that bounce and starts building momentum towards those upper targets.
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