BTCC
/
BTCC Square
/
Global Cryptocurrency
/
Chainlink (LINK) Jumps 8.78% This Week — Analysts Target $26 Amid Bullish Momentum
Chainlink (LINK) Jumps 8.78% This Week — Analysts Target $26 Amid Bullish Momentum
12
1
Chainlink LINK News -
Chainlink (LINK) has shown strong resilience, gaining 8.78% over the past week to reach $18.51. Daily trading volume ROSE 15.65% to $955 million, reflecting increased market activity. Technical analysts point to a bullish retest pattern forming above the $17.20 support level, with potential for a rally toward $26 if key supports hold.
Fundamentally, chainlink remains robust, with its oracle networks supporting nearly 90% of on-chain data. Its pivotal role in decentralized finance (DeFi) and real-world asset (RWA) tokenization continues to bolster long-term valuation prospects. While 2025 price forecasts vary, some optimistic projections exceed $50.
By:
Previous
SUI Confirms Bullish Breakout as Accumulation Signals Point to $7 Target
Next
Crypto and Fintech Groups Urge Trump to Defend Open Banking Rule Against Big Banks’ Legal Challenge
