LINK Bright Future. Price Perspective. Strong Fundamentals.
I see the price of Chainlink (LINKUSDT) growing in the coming months, and I’ve got a few reasons for that.
Technical View: Cup & Handle Formation
From a technical perspective, I think LINK is in a long-term accumulation structure — a classic Cup & Handle pattern. Here’s what I’ve noticed:
The bottoms of both the Cup and the Handle show a clear Accumulation Range (AR).
LINK has already broken out of the AR and the Cup & Handle resistance, which is a strong bullish signal.
If the price continues this momentum, it’s likely to reach its previous all-time high (ATH) at $52.00.
Now, if LINK breaks above that ATH, something interesting might happen. There’s a pattern forming within the Handle — a downtrend curve that looks similar to the one seen in the pre-Cup phase. By using Fibonacci levels and comparing this to the Handle breakout structure, we can project a potential target that suggests significant upside.
Strong Fundamentals Backing LINK
LINK isn’t just about the charts — it’s got solid fundamentals too:
It’s the only token produced in the USA.
It’s included in the Coinbase 50 index.
It’s backed by a Grayscale Trust product.
And, it’s connected to World Liberty Financial (Trump ties).
These factors give LINK a strong foundation and make it one of the key projects to watch in the crypto space.
Technical View: Cup & Handle Formation
From a technical perspective, I think LINK is in a long-term accumulation structure — a classic Cup & Handle pattern. Here’s what I’ve noticed:
The bottoms of both the Cup and the Handle show a clear Accumulation Range (AR).
LINK has already broken out of the AR and the Cup & Handle resistance, which is a strong bullish signal.
If the price continues this momentum, it’s likely to reach its previous all-time high (ATH) at $52.00.
Now, if LINK breaks above that ATH, something interesting might happen. There’s a pattern forming within the Handle — a downtrend curve that looks similar to the one seen in the pre-Cup phase. By using Fibonacci levels and comparing this to the Handle breakout structure, we can project a potential target that suggests significant upside.
Strong Fundamentals Backing LINK
LINK isn’t just about the charts — it’s got solid fundamentals too:
It’s the only token produced in the USA.
It’s included in the Coinbase 50 index.
It’s backed by a Grayscale Trust product.
And, it’s connected to World Liberty Financial (Trump ties).
These factors give LINK a strong foundation and make it one of the key projects to watch in the crypto space.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.