Chainlink LINK Eyes $28-30 Surge as Bullish Momentum Defies Overbought Signals

BTCC / BTCC Square / Global Cryptocurrency /

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2025-08-17 15:35:16

Chainlink LINK News -

Chainlink's native token LINK has surged 15.29% to $25.48, nearing its 52-week high of $29.26. Despite overbought conditions indicated by an RSI of 70.89, bullish momentum persists.

Analysts project potential gains to the $28-30 range, with immediate resistance at $25.72 and key support at $23.00. The $26-32 zone appears favorable, skewing toward higher targets.

Notably, DigitalCoinPrice's conservative forecasts have consistently underestimated LINK's performance—revising predictions from $20.95 to $22.10 between August 13-17 while LINK traded at $25.48. This 15% discrepancy highlights traditional models' struggle to capture LINK's breakout velocity.

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