Chainlink LINK Eyes $27.88 Target by October 2025 as Bullish Momentum Builds

Chainlink LINK News - Chainlink's LINK token demonstrates strong bullish momentum with a medium-term target of $27.88 by October 2025, supported by favorable technical indicators despite some short-term bearish signals. Currently trading at $24.65, the cryptocurrency maintains a position well above its 200-day moving average, indicating robust market confidence. Analysts forecast progressive upside potential, with near-term targets at $25.41 (representing a 3.1% gain) and long-term ambitions reaching $34.30—a potential 39% increase from current levels. The Fear & Greed Index reading of 55 suggests measured optimism among investors, reducing concerns about speculative excess. Key technical levels include immediate resistance at $26.62 and support at $21.87. Chainlink's positioning above all major moving averages signals readiness for continued upward movement, though mixed short-term indicators warrant cautious medium-term confidence among traders and investors.