Chainlink LINK Eyes $26.50 as Bullish Momentum Builds
Chainlink's LINK token is showing strong bullish momentum with a potential rally toward $26.50 within the next two weeks. Despite a recent 2% pullback from its current price of $24.26, technical indicators point to continued upside movement. The upper Bollinger Band sits at $25.34 while the 50-day SMA provides support at $22.20.
Market analysts remain overwhelmingly bullish, with CoinCodex projecting a medium-term target of $25.41. The Fear & Greed Index reading of 55 (Greed) supports this optimistic outlook. Changelly's predictions from September 11-15 consistently targeted the $23.08-$23.43 range, establishing the $23.00-$23.50 zone as critical support for LINK's next leg up.