Prediction of Chainlink's Price - Influence of Whales, Network Expansion, and Plausibility of Reaching $30
In the world of cryptocurrencies, Chainlink (LINK) is making waves as it aims to break through the $25 resistance level and reach new heights. The digital asset has shown remarkable strength, with its price poised to break higher, and the $30-level now within reach in the short term.
The momentum behind Chainlink is strong, as indicated by the Relative Strength Index (RSI) which currently stands at 63. This level suggests that the asset is not yet overheated, providing a solid foundation for potential growth.
Fibonacci levels also point towards $30.54 as the next target for Chainlink's price. This technical indicator, combined with the surge in social engagement and Chainlink's social dominance climbing to 1.43%, indicates increasing buzz across crypto communities.
Recent events have reinforced the bullish narrative for Chainlink. The digital asset recently broke out of its long-term descending trendline, reaching a high of $26 before retracing to $24.29. This breakout was accompanied by significant whale activity, with one address accumulating over 1.29M LINK, worth $31.15M, from Binance.
Such on-chain activity often aligns with strong capital inflows and validates the recent price rally. However, it's important to note that if these whales decide to sell suddenly, it could create selling pressure and short-term corrections.
Key factors indicating a potential Chainlink breakout beyond the $25 resistance level include institutional accumulation and ETF filings, strong market momentum and volume, security certifications, a positive technical outlook, growing market cap and TVL dominance, and positive community sentiment.
Institutional buying, the Bitwise filing for a LINK ETF, and the asset's recent rally to new 2025 highs with high trading volumes, driven partly by macro factors such as dovish Federal Reserve comments, reflect strong market interest and momentum.
Chainlink securing important certifications like ISO 27001 and SOC 2 Type 1 enhances trust and credibility in the platform, attracting further investment and supporting price strength. Various forecasts suggest LINK may flirt with or exceed $25 in the near term, with some analysts expecting LINK to reach $25.99 in September 2025 and potentially hit $26 in October 2025.
Chainlink’s market cap growth narrative and substantial TVL in DeFi (over $93 billion, far surpassing competitors like XRP) contribute to optimism for a breakout and strong upward move. Increasing attention in Google Trends and discussions about Chainlink potentially surpassing XRP indicate bullish community momentum boosting price psychology.
At the time of writing, LINK was trading near $24 after briefly hitting $26. The balance between hype and utility will be critical as LINK hovers near its crucial resistance zones. Whales have absorbed the selling supply aggressively, reducing the selling pressure for Chainlink.
The MVRV Long/Short difference for LINK surged to 12.77%, showing that many holders have been sitting on significant unrealized gains. Key support levels for LINK are at $22.77 and $21.20, while a potential target is at $30.54.
On-chain data shows explosive growth in Chainlink's network activity, with 9,813 active addresses and 9,625 new wallets created in two days, representing 2025 highs. Whether LINK pushes towards $30 or stalls will depend on how the opposing forces of profit-taking behavior and accumulation trends balance over the coming sessions.
Aggressive accumulation by whales can reduce available supply on exchanges, potentially tightening liquidity and fueling upside momentum. As we move forward, it will be interesting to see how these dynamics unfold and whether Chainlink can indeed break through the $30 barrier.
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