Chainlink LINK Poised for Breakout: Technicals Signal $28-$30 Target in 4-6 Weeks
Chainlink's LINK is gearing up for a major rally, with technical indicators suggesting an upside target of $28-$30 within the next 4-6 weeks. The breakout above key resistance levels, combined with bullish MACD momentum and supportive RSI readings, indicates strong upward potential.
Traders are closely monitoring LINK's price action as it benefits from increasing demand for oracle services and broader adoption in decentralized finance. The current technical setup resembles previous breakout patterns that led to significant rallies in the asset's history.