Chainlink (LINK) price may be looking at a big move towards a breakout in the coming days, based on a crypto analyst’s recent price prediction.
Highlighting its technical setup on the LINK price charts, crypto analyst Growk’s indicated the possibility of a massive rally to $79 soon.
That said, at the time of writing, LINK price indicated a pullback. It experienced a drop of 3.12% in the past day and was trading at $23.16.
While its market cap had slipped to $15.7 billion, the trading volume dropped considerably to nearly $672K.
Despite this dip, the coin shows potential for a recovery to higher levels in light of large long-term holders recently bagging more than $2 million worth of LINK.
Will Chainlink Price Prediction to $79 Come to Fruition?
Chainlink price displayed immense potential over the past few days despite a recent dip from $25.61.
It managed to keep hold just above the immediate support at $22.58 and bulls are hoping for a strong close above $26.
This could launch a solid rally to $30. Beyond this point, the analyst’s chart suggests a Fibonacci projection that aligns with a $46.85 target.
Based on this, crypto analyst Growk_finance pointed to the possibility of a 184% rally, which could drive LINK as high as $79.
Such a move would reflect a parabolic phase, similar to earlier breakout cycles. The most important step for bulls right now is to maintain momentum above $22.
This is crucial for Chainlink price to achieve the bullish outlook provided by the analyst.
Large Holders Add Close to 2 Million LINK
In the past 48 hours, whales accumulated nearly 2 million LINK. This large-scale buying reflects confidence in future valuations and also aligns with technical breakout patterns.
Moreover, whale activity often signals upcoming market expansions, making this development noteworthy.
At the same time, steady inflows into long-term wallets highlight growing interest from major investors.
As a result, this accumulation adds credibility to the projected breakout targets. Therefore, whale buying continues to strengthen the bullish outlook for Chainlink’s price trajectory.
Chainlink Reveals Polymarket Integration
In recent Chainlink news, the project announced that Polymarket will integrate its data standard into resolution processes. This move is expected to expand real-time pricing accuracy.
The partnership is already live on Polygon and is designed to support secure prediction markets for crypto assets.
In addition, Polymarket’s reentry into the U.S. market makes the timing of this collaboration even more significant.
Combined with recent whale accumulation, these developments strengthen the case for sustained growth in Chainlink’s price.
Future Outlook Based on Chainlink Price Prediction
Meanwhile, another analyst, Ali Martinez recently pointed that Chainlink (LINK) is showing signs of a potential breakout, according to a short-term analysis.
At the time of writing, LINK was trading within a symmetrical triangle pattern, signaling that volatility may soon return.
Analysts suggest that the token could first retest support around $23.70 before attempting a move higher.
A successful breakout above $25.00 may open the door to $26.20 and $27.80, with extended targets near $30.00–$31.30. However, if support fails, LINK could retrace toward $22.30.
Overall, the setup highlights a period of tightening price action that often precedes a significant move. A confirmed breakout above resistance would likely trigger a strong bullish wave.
With analysts projecting a potential 184% surge, the possibility of upside ahead looks promising and cannot be ignored.
The post Chainlink Price Prediction: 184% Surge Coming Soon? appeared first on The Coin Republic.