Chainlink (LINK) is back in the spotlight as its price momentum accelerates, driven by strong on-chain metrics and growing investor optimism. With the token climbing steadily and bullish sentiment spreading, many are asking the big question: can LINK reach $25 in the near term? Supported by rising activity in its oracle network and technical indicators pointing upward, LINK appears poised for further gains. This article breaks down the latest market signals and explores whether Chainlink can reclaim its previous highs—and beyond. Chainlink's Climb: LINK Eyes New Heights Amid Dynamic Market Moves Source: tradingview Chainlink (LINK) is making waves with its recent price movement. Currently trading between roughly $16 and $21, LINK has shown a monthly surge of nearly 44%. This momentum hints at a promising future, with potential to climb back to its previous resistance level around $23. If the rally continues, it might target another resistance at $28, marking an increase nearing 25% from current levels. Despite a six-month dip of 23%, recent signals like a stable RSI and a positive MACD suggest there's room for growth. With the market showing some optimistic signs, LINK traders are closely watching for breakthroughs beyond its known resistance levels. Conclusion Chainlink’s recent surge and improving on-chain fundamentals position it as a standout among mid-cap altcoins. With resistance at $23 within reach and a longer-term target of $28 on the horizon, LINK’s momentum could carry it higher if market conditions remain favorable. While past volatility still casts a shadow, current indicators suggest the rally has room to run. For traders and long-term holders alike, LINK remains a compelling asset to watch as it approaches key levels that could define its next breakout. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
