๐—–๐—ต๐—ฎ๐—ถ๐—ป๐—น๐—ถ๐—ป๐—ธ โ€“ ๐—œ๐˜€ ๐—ง๐—ต๐—ถ๐˜€ ๐˜๐—ต๐—ฒ ๐—ฆ๐˜๐—ฎ๐—ฟ๐˜ ๐—ผ๐—ณ ๐—ฎ ๐— ๐—ฎ๐—ท๐—ผ๐—ฟ ๐—ฅ๐—ฎ๐—น๐—น๐˜†? ๐Ÿš€๐Ÿš€๐Ÿš€๐Ÿ’ฅ๐Ÿ’ฅ $LINK



Chainlink (LINK) is showing strong bullish momentum, sparking speculation that this could be the beginning of a larger rally. Here are the key factors behind todayโ€™s price action:

---

1. Whale Accumulation & Institutional Backing

LINK jumped 5.49% to $23.56 on August 13, 2025, fueled by a surge in whale activity and growing institutional interest. Analysts note a sharp increase in holdings among large wallets โ€” a clear sign of investor confidence.

Recent data shows $13M+ in whale transactions, alongside major institutional adoption from heavyweights like Fidelity, Citi, and JPMorgan.

---

2. Strong On-Chain Fundamentals & Supply Reduction

The launch of Chainlinkโ€™s Reserve โ€” aimed at accumulating LINK and reducing circulating supply โ€” is driving bullish sentiment.

Open interest has climbed to $1.21B, while on-chain metrics suggest sustained demand, even amid light profit-taking.

---

3. Technical Breakouts & Momentum Shift

LINK has smashed through key resistance zones at $19โ€“$20 and $21, signaling a major shift in market structure.

RSI: Bullish zone (60โ€“66)

MACD: Flashes upward momentum

---

Potential Rally Targets ๐Ÿ“ˆ

Scenario Price Target Conditions to Watch

Short-Term : $26 โ€“ $30 , Hold above ~$22; sustained bullish wave
Mid-Term : $31 โ€“ $52 Breakout from triangle/wedge patterns; RSI strength

---

If current momentum holds, Chainlink could be setting the stage for one of its strongest rallies in months. The next few sessions will be critical to confirm whether this is just a short-term pump โ€” or the start of a much bigger move.

$LINK
{future}(LINKUSDT)
LINK-3.05%
RLY-0.14%
IN-11.78%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • ็ฎ€ไฝ“ไธญๆ–‡
  • English
  • Tiแบฟng Viแป‡t
  • ็น้ซ”ไธญๆ–‡
  • Espaรฑol
  • ะ ัƒััะบะธะน
  • Franรงais (Afrique)
  • Portuguรชs (Portugal)
  • Bahasa Indonesia
  • ๆ—ฅๆœฌ่ชž
  • ุจุงู„ุนุฑุจูŠุฉ
  • ะฃะบั€ะฐั—ะฝััŒะบะฐ
  • Portuguรชs (Brasil)