After nearly 1,000 days inside a symmetrical triangle pattern, Chainlink has finally broken out. Large investors have been quietly accumulating since the $16 level, and today’s +8.7% move to $20.90 confirms the breakout signal.
Key Targets:
$24 – Opens the path to $31.87
$31.87 – Potential run toward $52.30
$86–$95 by 2027 – Long-term bullish projection
Market Snapshot:
13th largest cryptocurrency – $14.17B market cap
678M LINK in circulation (1B total supply)
Historical precedent: The last similar breakout saw a 3x price increase within months.
While history doesn’t repeat exactly, this setup shows strong parallels to past explosive moves. Waiting for a “better entry” could mean missing the momentum entirely.
