All Eyes on Chainlink (LINK) Price – the Next Breakout Could Start a Rally

Chainlink is once again stealing interest as the price squeezes tighter between support and resistance

LINK price has been trading in a narrow range between $17 and $18, and that usually means one thing, a big move is coming.

Chainlink Is Coiling Up for Its Next Move

According to CryptoPulse, LINK is currently consolidating inside a symmetrical triangle. It’s the classic setup that forms when the market can’t decide who’s in charge, buyers or sellers. That standoff rarely lasts long.

If bulls take over and push the LINK price above $18-$19, the next stop could be around $20, where the upper line of the triangle sits

Source: X/@CryptoPulse_CRU

But if bears win and the price breaks below $17.4, LINK could slide to $15.8, a level that’s acted as strong support before.

The key to watch here is that $17.5 weekly level. A clean daily close above it could confirm that buyers are finally taking control again.

Analyst’s Simple Plan For LINK: Buy $15, Target $46

Analyst Ali Martinez shared a zoomed-out view of LINK’s long-term price structure, and it’s hard to ignore

His LINK chart shows that Chainlink price has been climbing within a rising channel since mid-2023, bouncing between the same trendlines over and over

Source: X/@ali_charts

Ali kept it simple: “Buy the dip at $15. Take profits at $46.” It’s not just a catchy plan, it lines up perfectly with the data

Every time the LINK price touched the lower boundary of that channel, it staged a strong recovery. And with the price currently hovering near that zone, history could be setting up to repeat.

A breakout above $20 could open the door to $28-$30, and if momentum builds, the move toward $46, which is Ali’s top target, would align with the upper Fibonacci projection.

The Calm Before a Possible Rally

The momentum indicators are starting to shift. Trading volume has also been quiet, which often happens before volatility spikes. The RSI sits in neutral territory, giving LINK price plenty of space to move higher if bulls step in.

The short-term picture is clear: $17.4 needs to hold. If it does, LINK could be looking at a rally that mirrors previous waves inside this channel. If not, traders will be watching the $15 area as a potential re-entry zone.

Chainlink has spent months building pressure. The triangle is almost at its breaking point, and once that breakout hits, whichever way it goes it’s likely to set the tone for the rest of 2025

If the bullish setup plays out, this could be the start of a rally that brings Chainlink back into the spotlight in a big way.

Read Also: Why Pro-Ripple Lawyer Thinks XRP and Chainlink Are the Smartest Crypto Bets for 2026

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