Overview

• LINK trades around $22–$22.3 with a market cap near $15.1 billion and latest daily volume reported near $567 million.
• Multiple analysts frame a multi‑year triangle in which a decisive push above the $25–$27 band could open a move toward the $31 pivot and, by measured targets, into the high double digits.
• An alternative path favored by several chartists calls for a controlled pullback to roughly $16, viewed as the strongest base for the same larger breakout thesis.
• Short‑term signals lean bearish, with MACD below the signal line and RSI under 50, placing emphasis on holding supports near $22 and $19.5 and reclaiming resistance around $23.5–$24.
• Risk markers include a failed defense of ~$16 that could expose $12–$9, while bulls point to Chainlink’s oracle footprint and ongoing large‑holder interest as longer‑term supports.