#Chainlink #LINK #LINKUSDT #Altcoins
Chainlink's final resistance before major bullish action sits between $31 and $28. The peaks from December 2024 and August 2025 respectively. This is the last barrier. Once this price range is taken out as resistance, we will see the highest prices in more than four years. This is the next step and we are seeing the start of it.
Good evening my fellow Cryptocurrency trader, I hope you are having a wonderful day.
Here we have Chainlink long-term and we know the bullish bias is confirmed by multiple test of support, support in the form of MA200. This level being tested over and over and holding is the strongest bullish signal we can get.
The first instance was the 6-October week. A long wick and immediately all the selling was bought. It took the bears more than a month to have another go at this level, the 17-November week. Then again last week and this week LINKUSDT wicked below MA200 but now is full green, with the action happening at the top of the candle. This is it. Four times. I highly doubt that this level needs to be tested again. Actually, sellers are exhausted. They had a nice run but it is over. The next market move is a challenge of resistance, standard price action.
I was about to give you just the final target at $83 but that is just too far away and the market is bound to stop at some intermediate levels and produce a correction or retrace. Chainlink is set to grow long-term.
The first barrier sits at $28 which is the last high. There was a lower high in August 2025 compared to December 2024, that is why the bears managed to push prices really low on the market flush. Both these highs will produce a single range because they are very close. There can be some struggling around this level, say between $28 to $34. The first target would be $45 followed by $68. $83 is the main target long-term, a new all-time high.
Thank you for reading.
Namaste.
✅ Trade here on $LINK
