Chainlink Price Prediction: Whales Scoop 2M LINK as Analysts Eye 184% Breakout Rally
Analyst projects 184% Chainlink rally with $79 target if breakout sustains.
Whales bought nearly 2M LINK in 48 hours, signaling strong market conviction.
Polymarket integrates Chainlink’s data standard to enhance prediction markets.
The LINK current trading value at $23.45 sits just above immediate support near $22.58.
However, a decisive close above $26 could unlock upside toward the $30 region, which historically capped prior rallies.
Beyond this threshold, the chart indicates a Fibonacci projection aligning with the $46.85 target. Furthermore, an analyst highlights an ambitious 184% rally that could propel LINK toward $79.
In the past 48 hours, whales have accumulated nearly 2 million LINK, reinforcing conviction in a bullish continuation at press time. This large-scale acquisition reflects confidence in future valuations and aligns with technical breakout structures.
Additionally, whale activity often signals upcoming expansions, making this development significant. Current inflows into long-term wallets confirm growing interest among deep-pocketed investors.
Moreover, Chainlink announced that Polymarket will integrate its data standard into resolution processes, expanding real-time pricing accuracy. This partnership, already live on Polygon, aims to support secure prediction markets across crypto assets.
With Polymarket reentering the U.S. market, the timing adds greater relevance to this collaboration. Together, whale buying and new integrations bolster the case for sustained bullish growth in Chainlink price.
To sum up, Chainlink price remains at a critical junction as both whales and technical signals point upward. The LINK price holding above $23 while whales accumulate strengthens the bullish case. With analysts forecasting a 184% parabolic surge, the potential upside cannot be overlooked. Therefore, the broader outlook supports bullish continuation if support levels remain intact.