⚡️ Chainlink ($LINK

) Breaks Free from a 3-Year Pattern: Upcoming Price Targets Revealed

Chainlink (LINK) is on the verge of a significant breakout, challenging the boundaries of a massive symmetrical triangle that has been forming since 2021.

For almost three years, LINK’s price has been tightening between a descending resistance from its all-time high and an ascending support starting from 2022 lows.

This move was anticipated—this breakout is the result of sustained investor accumulation around the $16 level.

💬 Chainlink #LINK clearing $24 sets the stage for a major bull run toward $95 — Ali / August 9, 2025

Such a pattern indicates that volatility has been compressing, creating pressure for a strong move. Key Fibonacci extension levels point to possible upside targets at $31.87, $52.30, and $86.15.

Long-term forecasts suggest LINK could exceed $50 by 2026 and climb beyond $80 in early 2027.

🔸 Recent Price Action and Market Cap

Today, #Chainlink surged 8.7% in one session, hitting $20.90 at the time of writing. This rise places LINK as the 13th largest cryptocurrency with a market cap near $14.17 billion.

Despite the price jump, trading volume dropped 11.16% to $1.35 billion, reflecting a more controlled trading environment relative to its market cap. Circulating supply is close to 678 million LINK out of 1 billion total tokens, with no max supply limit.

🔸 Exchange Flow and Token Movement Analysis

Data from the last 10 months on LINK’s spot inflows and outflows reveals trends linked to price changes. From mid-October to early December, significant outflows occurred as holders moved tokens off exchanges—a typical bullish indicator. Yet during that time, LINK’s price fell from around $30 to nearly $15 by December.