Crypto analyst Ali Charts has identified a bullish technical pattern for Chainlink (LINK), predicting the token could reach $100 by 2025. The analysis highlights a bullish parallel channel with rising lows, and LINK recently surpassed the $18 resistance level, suggesting a potential rise to $25–$27 in the short term. Technical indicators such as RSI and MACD support this positive momentum.
Chainlink's recent developments include 14 new integrations across major blockchains and a partnership with S&P Global to provide stablecoin ratings via Chainlink Data Feeds. These advancements are expected to enhance institutional adoption, with analysts citing increased demand for oracles and tokenization as key drivers for future price growth.
Chainlink Analysts Forecast $100 Price Target by 2025
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