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Chainlink (LINK) Breakout Suggests 60% Rally—Can It Hit $50 by Q3 2025?
Chainlink (LINK) Breakout Suggests 60% Rally—Can It Hit $50 by Q3 2025?
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Chainlink LINK News -
Chainlink (LINK) is rallying due to a mix of technical breakthroughs and institutional demand. A decisive breakout above a long-term descending trendline has sparked bullish momentum, with $22.5 now the next key target. On-chain data shows strategic reserve accumulation, tightening circulating supply and fueling upward pressure.
The surge aligns with broader crypto market strength, as Bitcoin and Ethereum gains spill over into altcoins. Chainlink's partnership with Intercontinental Exchange (ICE) highlights growing institutional adoption, reinforcing its role as critical oracle infrastructure. Traders now speculate whether LINK can reach its $50 price target before Q3 2025 ends.
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