Chainlink (LINK) has been quietly building momentum over the past few weeks. After spending most of 2025 in a downtrend, the price is finally starting to show signs of life. And now, it’s sitting just below a major resistance level that could change everything.
At the time of writing, LINK is trading around $14.75. It recently climbed from a mid-April low near $12 and has been trending upward ever since. The Chainlink price is now hovering right below the $15.50–$15.60 zone, which has been a strong barrier for months.
That level has rejected LINK multiple times in the past. But this time, things feel different. The setup suggests that if bulls manage to push through it, we could see a big move to the upside.
This analysis was shared by Michaël van de Poppe through his X account, where he pointed out that a breakout above $15.59 would confirm a key trend reversal. The chart he posted shows LINK trying to break out of a months-long downtrend. He also noted that this could mark the beginning of a multi-month uptrend if the breakout holds.
A tweet accompanying the chart made it simple:
“LINK is about to break the downwards trend and get into a multi-month upwards trend. It needs to crack the resistance at $15 and then it’s good to go.”
And that really sums up where things stand. The technicals support this idea too. LINK has been forming higher lows, which is one of the first signs that sentiment is shifting. There’s also been a slow but steady increase in volume since the bounce from $12. Meanwhile, RSI is cooling off after a recent spike, which leaves room for another push higher.
If the LINK price can close firmly above $15.60, the next targets would likely be in the $18 to $20 range. These levels acted as key zones earlier this year, and they could easily come back into play if momentum kicks in.
Of course, there’s always the risk that the price gets rejected again. A dip back below $14 would signal that buyers aren’t quite ready yet. And if LINK drops below $13 or $12, it might suggest the trend is still in bearish territory.
But right now, the LINK chart is giving the bulls a shot. All eyes are on the $15 breakout. If it happens, it could flip the entire narrative for LINK – and a run toward $20 might just be the start.
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