Chainlink (LINK) continues to consolidate after last week’s sharp pullback, with the price hovering around $18 on Binance.
Despite recent volatility, the token has maintained its footing near $18, with analysts identifying a powerful support zone around $16 where heavy accumulation has taken place.
According to on-chain data shared by analyst Ali, roughly 54.47 million LINK tokens were acquired between $16.10 and $16.19. This price range has become a critical cost-basis cluster, signaling strong investor conviction and forming a potential launchpad for the next upward move.
Technical signals on the 4-hour chart show LINK consolidating after its recent bounce. The Relative Strength Index (RSI) has cooled near neutral territory at 51.5, while the MACD remains in positive territory but shows early signs of flattening momentum. These indicators suggest the market could be pausing before attempting another breakout, with $16 now serving as the key level to defend.
Polymarket Taps Chainlink for Real-Time Crypto Prediction Markets
In a major ecosystem update, Polymarket announced the launch of 15-minute up/down crypto prediction markets powered by Chainlink technology. This integration leverages Chainlink’s secure data feeds to ensure accurate, tamper-proof market outcomes, expanding the use case for decentralized data verification in short-term trading.
This development highlights the growing reach of Chainlink’s oracle services beyond DeFi and into prediction and derivatives markets. The partnership could significantly boost transaction volume and visibility for the Chainlink network as it powers new forms of real-time market speculation.
Analyst Predicts a $100 Rally If LINK Breaks $25
Market analyst Ali has also pointed to a potential breakout setup for Chainlink. According to his long-term chart, LINK is nearing the end of a symmetrical triangle pattern that has been forming since 2022. If the token decisively clears the $25 resistance, Ali believes it could trigger a powerful rally targeting $100 in the coming market cycle.
The next time Chainlink $LINK breaks $25, it could ignite a bull rally to $100. pic.twitter.com/fkWAPixjYs
— Ali (@ali_charts) October 20, 2025
This bullish forecast aligns with Chainlink’s rising network utility and its growing role in the decentralized data infrastructure supporting DeFi, gaming, and prediction markets.
Chainlink Proves Its Reliability During Internet Outage
Adding to the bullish sentiment, Chainlink reported flawless performance during a widespread internet cloud outage that affected multiple major platforms. While several centralized systems experienced downtime, Chainlink’s decentralized oracle services remained fully operational across all deployments.
The project emphasized that its decentralized network design – built on independent node operators, multi-chain architecture, and off-chain consensus – ensures it can withstand single points of failure. According to the team, Chainlink currently secures approximately $100 billion in DeFi markets and enables over $26 trillion in total transaction value.
A visual comparison shared by Chainlink illustrated the difference between centralized, distributed, and decentralized systems – underscoring how its infrastructure minimizes correlated risks and keeps mission-critical applications online even under extreme conditions.
A Strengthening Foundation for the Next Phase
Between resilient performance, new integrations, and whale accumulation at key levels, Chainlink appears to be solidifying its market position. The $16 accumulation zone now represents a psychological and structural base for investors, while a confirmed breakout above $25 could redefine LINK’s mid-term trajectory.
With its growing adoption in high-frequency prediction markets and expanding use across DeFi ecosystems, Chainlink is demonstrating both technological resilience and strategic relevance in the evolving crypto landscape.
The information provided in this article is for educational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.
Alex is an experienced financial journalist and cryptocurrency enthusiast. With over 8 years of experience covering the crypto, blockchain, and fintech industries, he is well-versed in the complex and ever-evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His approach allows him to break down complex ideas into accessible and in-depth content. Follow his publications to stay up to date with the most important trends and topics.