Here’s Why Chainlink (LINK) Could Flip Bullish and Head Toward $20 Soon

By: cryptosheadlines|2025/05/03 01:45:01

Airdrop Is Live CaryptosHeadlines Media Has Launched Its Native Token CHT. Airdrop Is Live For Everyone, Claim Instant 5000 CHT Tokens Worth Of $50 USDT. Join the Airdrop at the official website, CryptosHeadlinesToken.com Home » Journal » Here’s Why Chainlink (LINK) Could Flip Bullish and Head Toward $20 Soon Chainlink (LINK) has been quietly building momentum over the past few weeks. After spending most of 2025 in a downtrend, the price is finally starting to show signs of life. And now, it’s sitting just below a major resistance level that could change everything.At the time of writing, LINK is trading around $14.75. It recently climbed from a mid-April low near $12 and has been trending upward ever since. The Chainlink price is now hovering right below the $15.50–$15.60 zone, which has been a strong barrier for months. That level has rejected LINK multiple times in the past. But this time, things feel different. The setup suggests that if bulls manage to push through it, we could see a big move to the upside.This analysis was shared by Michaël van de Poppe through his X account, where he pointed out that a breakout above $15.59 would confirm a key trend reversal. The chart he posted shows LINK trying to break out of a months-long downtrend. He also noted that this could mark the beginning of a multi-month uptrend if the breakout holds.Source: X/@CryptoMichNLA tweet accompanying the chart made it simple:“LINK is about to break the downwards trend and get into a multi-month upwards trend. It needs to crack the resistance at $15 and then it’s good to go.”And that really sums up where things stand. The technicals support this idea too. LINK has been forming higher lows, which is one of the first signs that sentiment is shifting. There’s also been a slow but steady increase in volume since the bounce from $12. Meanwhile, RSI is cooling off after a recent spike, which leaves room for another push higher.If the LINK price can close firmly above $15.60, the next targets would likely be in the $18 to $20 range. These levels acted as key zones earlier this year, and they could easily come back into play if momentum kicks in.Of course, there’s always the risk that the price gets rejected again. A dip back below $14 would signal that buyers aren’t quite ready yet. And if LINK drops below $13 or $12, it might suggest the trend is still in bearish territory.But right now, the LINK chart is giving the bulls a shot. All eyes are on the $15 breakout. If it happens, it could flip the entire narrative for LINK – and a run toward $20 might just be the start.Read also: Missed Sui First Pump? Here’s Why SUI Price Could Rally Even HigherFollow us on X (Twitter), CoinMarketCap and Binance Square for more daily crypto updates.Read our recent crypto market updates, news, and technical analysis here. We recommend eToro Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more Active user community and social features like news feeds, chats for specific coins available for trading. Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs. Copy trading: allows users to copy the trades of leading traders, for free. User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate. How are regular people making returns of as much as 70% in a year with no risk? By properly setting up a FREE Pionex grid bot – click the button to learn more. Crypto arbitrage still works like a charm, if you do it right! Check out Alphador, leading crypto arbitrage bot to learn the best way of doing it. !function(f,b,e,v,n,t,s) {if(f.fbq)return;n=f.fbq=function(){n.callMethod? n.callMethod.apply(n,arguments):n.queue.push(arguments)}; if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0'; n.queue=[];t=b.createElement(e);t.async=!0; t.src=v;s=b.getElementsByTagName(e)[0]; s.parentNode.insertBefore(t,s)}(window, document,'script', 'https://connect.facebook.net/en_US/fbevents.js'); fbq('init', '213893885810361'); fbq('track', 'PageView');Source link

-- Price

Morgan Stanley's chief equity strategist Wilson pointed out that the momentum in the semiconductor sector is waning, with the Philadelphia Semiconductor Index having dropped nearly 14% from its peak. Funds are shifting towards AI supercomputing giants like Microsoft, Amazon, and Meta, as well as sec...

$10,000 in TRUMP Token vs. $10,000 in Nasdaq: The "Trump Trade" That Actually Worked in 2026

TRUMP Token lost more than 96% after its launch, while Nasdaq stocks and NVIDIA delivered strong gains. Compare what happened to a $10,000 investment and explore why asset fundamentals matter more than market hype.

Morning Report | Vitalik outlines Ethereum's long-term roadmap, Lean Ethereum will become the third major iteration; SK Hynix seeks to attract more AI investors by listing in the U.S

July 5 Market Important Events Overview

The impact of OUSD on Circle, Tether, and Paxos: not a single negative factor, but a more complex reshaping of competition

OUSD will not be the last new competitor; Circle needs to respond more actively in terms of products, distribution, and ecosystem collaboration.

Li Feifei's latest long article: When video generation, robots, and NVIDIA all claim to be world models, we need a taxonomy

Language gives machines a way to talk about the world. The world model is the means by which machines ultimately understand, imagine, reason, and interact with it.

Blaming the desolation of the cryptocurrency world on the rise of AI is a form of intellectual laziness

The emergence of giants signifies a mature business model. Although it will reduce speculative space, there is also enough room for error, allowing for the continuous emergence of new forces.

Strategy Founder: The Next 10 Years of Bitcoin

In the next decade, the biggest evolution of Bitcoin is precisely "responding to change with invariance." The four-year cycle is giving way to capital flows such as ETFs, corporate and sovereign reserves, and bank credit, while digital credit and digital currency will grow layer upon layer on top of...

Forbes Special Report: Stablecoin cross-border payments are faster now, but not cheaper yet

Cross-border payments using stablecoins are rapidly expanding, bringing speed and accessibility, but due to insufficient institutional liquidity, they have not yet delivered on their promised cost savings. The technology has been validated, and regulations are improving, but the industry has not yet...

A valuation of 8 billion dollars, doubling in 8 months! What makes the crypto-friendly bank Erebor Bank stand out?

Erebor is a high-profile experiment taking place at the intersection of banking, cryptocurrency, and industrial policy.

340 billion valuation: Li Yanhong's largest IPO, a seat in Kunlunxin's shares is hard to come by

As a core asset in Baidu's AI landscape, Kunlun Chip is expected to exceed Baidu's market value after going public, becoming an important bargaining chip in its turnaround battle.

Stablecoins are the "royalists" of the crypto world: Open USD brings the old currency system into play

The emergence of Open USD has shifted the competition for stablecoins from the market struggle of crypto startups to a battle for infrastructure involving traditional finance, payment networks, technology platforms, and public chain ecosystems.

The ten years of Cloud on the Air: From corner coffee to global financial infrastructure

From ByteDance to Financial Freedom: How did "Byte Brother" Leto develop his investment judgment skills to achieve a turnaround of 30 million?

Speak with data and signals, validate judgments with A/B tests, and seek asymmetric returns with limited risk exposure.