Chainlink

<p>Chainlink price is consolidating near a crucial support level, drawing attention from traders and analysts. LINK price has followed a well-defined ascending channel, with historical movements showing rebounds off key trendlines.</p> 
<p>Analysts highlight that Chainlink must hold this structure to maintain upward momentum. If the support remains intact, LINK price could advance toward $25 and possibly $50.</p> 
<h2 class="wp-block-heading" id="h-chainlink-price-holds-critical-support-at-13"><strong>Chainlink Price Holds Critical Support at $13</strong></h2> 
<p>Chainlink price is trading near $13, which aligns with the lower boundary of its ascending channel. This level has historically acted as strong support and prevented further declines. </p> 
<p>Analyst Ali Martinez <a href="https://x.com/ali_charts/status/1903688913140769255">emphasizes</a> that approximately 37,000 investors accumulated 153 million LINK tokens between $14.50 and $15.30. This resistance zone remains a key level to monitor.</p> 
<div class="wp-block-image"> 
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  <img loading="lazy" decoding="async" width="1024" height="423" src="https://www.thecoinrepublic.com/wp-content/uploads/2025/03/image-875-1024x423.png" alt="Source: Ali Martinez, X" class="wp-image-1091134" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2025/03/image-875-1024x423.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2025/03/image-875-300x124.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2025/03/image-875-768x317.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2025/03/image-875-1536x635.png 1536w, https://www.thecoinrepublic.com/wp-content/uploads/2025/03/image-875-150x62.png 150w, https://www.thecoinrepublic.com/wp-content/uploads/2025/03/image-875-696x288.png 696w, https://www.thecoinrepublic.com/wp-content/uploads/2025/03/image-875-1068x441.png 1068w, https://www.thecoinrepublic.com/wp-content/uploads/2025/03/image-875.png 1600w" sizes="auto, (max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption">
   Source: Ali Martinez, X
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<p>More so, the analyst <a href="https://x.com/ali_charts/status/1903582713543573690">notes</a> that if the LINK price holds at $13, buying activity could increase, potentially leading to a move toward the mid-range resistance at $25. </p> 
<p>However, if Chainlink falls below this level, lower support zones near $10 or $8.50 may come into play. Investor sentiment and trading volume will play a significant role in determining LINK’s next move.</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img loading="lazy" decoding="async" width="1024" height="680" src="https://www.thecoinrepublic.com/wp-content/uploads/2025/03/image-874-1024x680.png" alt="Source: Ali Martinez, X" class="wp-image-1091133" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2025/03/image-874-1024x680.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2025/03/image-874-300x199.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2025/03/image-874-768x510.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2025/03/image-874-1536x1020.png 1536w, https://www.thecoinrepublic.com/wp-content/uploads/2025/03/image-874-150x100.png 150w, https://www.thecoinrepublic.com/wp-content/uploads/2025/03/image-874-696x462.png 696w, https://www.thecoinrepublic.com/wp-content/uploads/2025/03/image-874-1068x710.png 1068w, https://www.thecoinrepublic.com/wp-content/uploads/2025/03/image-874.png 1600w" sizes="auto, (max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption">
   Source: Ali Martinez, X
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 </figure>
</div> 
<h2 class="wp-block-heading" id="h-key-resistance-levels-for-link-price"><strong>Key Resistance Levels for LINK Price</strong></h2> 
<p>Notably, for <a href="https://www.thecoinrepublic.com/2025/03/16/whale-who-cost-hyperliquid-4m-bets-on-chainlink-how-will-link-react/">Chainlink price</a> to confirm bullish momentum, it must surpass the $25 resistance. This level serves as the midpoint of the ascending channel and has acted as both support and resistance in previous market cycles. A breakout above this level could indicate a shift in momentum.</p> 
<p>Interestingly, the next major resistance level sits near $50, where previous price action showed strong seller activity. </p> 
<p>Analyst Ali Martinez suggests that breaking above the resistance cluster at $14.50–$15.30 could clear the path for a stronger recovery. However, LINK price will need sustained buying pressure and increased trading volume to test higher levels.</p> 
<h2 class="wp-block-heading" id="h-market-indicators-and-volume-trends"><strong>Market Indicators and Volume Trends</strong></h2> 
<p>The trading volume will be a crucial factor in determining the strength of any potential breakout. A rise in volume could confirm growing investor interest, while declining volume may indicate hesitation among traders.</p> 
<p>The analyst notes that Open Interest has been declining, signaling trader caution. However, the rising volume could indicate renewed confidence in the LINK coin price movement.</p> 
<p>The Relative Strength Index (RSI) is still a critical indicator to consider. If the RSI remains sideways, there might be further consolidation in LINK price.</p> 
<p>So, if the RSI approaches the overbought state near approximately $50, such price levels may be deemed as resistance. Conversely, if the RSI goes into the oversold area, the price levels may be considered as support.</p> 
<h2 class="wp-block-heading" id="h-bitcoin-s-influence-on-chainlink-price"><strong>Bitcoin’s Influence on Chainlink Price</strong></h2> 
<p>The overall market trends will drive <a href="https://www.thecoinrepublic.com/2025/03/20/will-chainlinks-weekly-double-bottom-hold-for-trend-reversal/">LINK price</a> action. Historically, Chainlink price has moved in conjunction with Bitcoin price. </p> 
<p>Strength in Bitcoin may provide further support to the LINK price. A downward movement in Bitcoin price can put pressure on Chainlink and limit its chances of breaking major resistance levels.</p> 
<p>The key for Chainlink price movement will be at the $13 support level as well as incidences of key resistance and volume. </p> 
<p>According to the analyst, the prices above $15.30 could mean more gains, while failure to hold the specified support price could lead to hitting lower prices.</p> 
<p>The post <a href="https://www.thecoinrepublic.com/2025/03/24/chainlink-price-massive-link-breakout-to-50-on-the-horizon/">Chainlink Price: Massive LINK Breakout To $50 On The Horizon</a> appeared first on <a href="https://www.thecoinrepublic.com">The Coin Republic</a>.</p>

Chainlink Price: Massive LINK Breakout To $50 On The Horizon

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