Chainlink (LINK) Poised for Major Breakout: Analyst Eyes $30+ as Undervaluation Persists

Chainlink (LINK) is displaying strong technical signals, with prominent crypto analyst Michaël van de Poppe pointing to its potential for substantial upside. The token's current price action appears straightforward, bolstered by recent network upgrades and its perceived undervaluation. Van de Poppe identifies the $18-$20 range as a critical accumulation zone, historically a resistance level that could now act as a launchpad toward $30 and beyond.

Daily charts indicate a long-term downtrend since June 2025, but higher lows on larger timeframes suggest accumulating momentum. A solid support band between $10-$12 has repeatedly absorbed bearish pressure, strengthening the bullish outlook. "Any dip in the $18-20 range presents a prime opportunity," van de Poppe emphasized, highlighting LINK's asymmetric risk-reward potential.