Chainlink ($LINK ) is trading around $24.84 (+2.43%), gaining momentum as analysts point to an unfolding bullish wave that could set the stage for new all-time highs in 2025. With price action showing strength, traders are asking: Is LINK gearing up for a breakout run toward $130?
๐ From Bear Market to Accumulation
Orthodox Bear Market End: June 2022 marked the bottom of the bear market.
Accumulation Phase: LINK traded sideways from mid-2022 through mid-2023, forming a long-term consolidation zoneโan opportunity buy area for patient investors.
New Uptrend: Late 2023 into early 2024 signaled the beginning of a strong recovery, carving out higher highs and higher lows.
๐ Chart Behavior: Signs of Strength
The LINKUSDT chart shows a bullish consolidation channel, with volume steadily rising. Candlestick formations and trend structures suggest that the market is already advancing but preparing for a sharper acceleration.
Immediate Resistance: $35 is the first critical level. A breakout above this would mark LINKโs highest price since November 2021.
Major Targets: $82 is the first strong resistance where some stalling could occur.
Ultimate Bull Run Potential: Analysts project LINK could surge to $130, which may prove to be conservative depending on how the broader crypto bull cycle unfolds.
๐ฎ Outlook for 2025
Chainlinkโs fundamentalsโits oracle technology, growing partnerships, and central role in decentralized financeโsupport a strong long-term trajectory. With momentum building, 2025 could see $LINK reclaim its dominance among top altcoins.
For traders and investors, the roadmap is clear:
Watch $35 for confirmation of breakout momentum.
Brace for turbulence near $82.
Keep an eye on the $130 zone as a potential cycle-defining high.
๐ก Bottom Line
Chainlink (LINK) is transitioning from accumulation into acceleration. The bullish structure, rising volume, and market behavior all point toward higher highs. With targets at $82 and $130, the 2025 cycle could mark a defining chapter for LINK.
