- Chainlink (LINK) gained 31% in January, reversing early losses and signaling a potential bullish breakout. Analysts predict a surge toward $41 in the short term and possibly $48 by May.
- A breakout at $17 set the stage for higher targets at $31, $53, and even $100. Strong fundamentals, increasing adoption, and institutional interest fuel long-term bullish momentum.
Chainlink (LINK) kicked off 2025 on a sluggish note, but a strong turnaround in January has sparked renewed optimism. The token gained 31% in January, erasing early losses and setting the stage for potential further upside. Analysts believe a major rally is in the works, with several indicators pointing toward a bullish breakout.
Crypto analyst Realmabbaskhan recently highlighted Chainlink’s growing momentum on Binance Square. He pointed out that LINK is currently trading above the 20 EMA ($24.27) and 200 EMA ($23.37), historically a signal of a sustained uptrend.
Looking at the 4-hour chart, LINK is showing strong bullish momentum. The next big move could push prices well above $30. The $25 – $26 zone has acted as strong resistance before, but a breakout above this could send LINK to $34+ in no time,
Beyond February, if LINK successfully clears the $25 resistance, analysts predict an even more aggressive uptrend. Some projections suggest a move toward $41 within the next month, and if the momentum remains intact, LINK could surge to $48 by May. That would represent an 88% gain from current levels.
A key support zone between $18–$20 has held firm, reinforcing confidence in the uptrend. If this support level continues to hold, LINK could see sustained bullish movement in the coming months, potentially reaching levels unseen in years.
Breakout at $17 — Next Targets $31, $53, $100
Another analyst, Bit Amberly, emphasized Chainlink’s decisive breakout from a symmetrical triangle on the weekly chart. This breakout occurred near $17, followed by a retest at $15, confirming strong support. Analysts believe this could be the beginning of a larger upward move, with targets set at $31, $53, and a long-term peak of $100 if conditions remain favorable.
“After consolidating above this triangle, the price could rise towards targets at $31, $53, and $100,” said the analyst.
Volume indicators suggest increasing buying pressure, further supporting the argument that LINK’s current momentum could mirror past breakouts that led to significant price rallies.
LINK Poised to Outperform 99% of Altcoins
Crypto analyst GhostMMXM added further credibility to these bullish projections, noting that Chainlink recently touched $32, its highest price since early 2022. “Chainlink ($LINK) is showing immense strength, up 0.83% in the last session,” he pointed out. According to him, LINK is set to outperform 99% of altcoins, bolstered by its strong fundamentals and increasing institutional interest.
Chainlink’s expanding integration with major financial institutions and its role in tokenization efforts have added strength to the bullish sentiment. The network’s real-world adoption continues to grow, reinforcing long-term demand for the token.
