Chainlink Price Prediction: LINK Targets $60 as Liquidity Model Signals Parabolic Breakout

Chainlink (LINK) appears to be aligning with macro liquidity expansion, setting the stage for a potential breakout that could carry the token to new cycle highs.

A comparison between LINK’s price and the M2 global money supply—highlighted in a chart shared by analyst Bull Bear Spot (@m2globalmoney)—suggests a structural similarity to previous parabolic phases.

At the time of writing, LINK is trading at $18.39, with a 1.16% daily gain, as technical indicators and liquidity overlays point toward a continuation of bullish momentum. The model implies a scenario where global capital flows could drive LINK toward the $60 region if the current structure holds.

Chainlink Mirrors M2 Liquidity Trend in Bullish Formation

The visual overlay of Chainlink price against the M2 global liquidity curve shows a strong historical correlation, with each major LINK rally coinciding with surges in global money supply. The yellow trendline—used by Bull Bear Spot to represent M2 growth—shows a rising trajectory beginning near the $6–$9 accumulation zone and extending sharply upward through the current price range.

This divergence indicates that Chainlink may be entering a liquidity-fueled expansion phase, with the price structure echoing early-cycle behavior from previous bull markets.

Source: X

From a technical standpoint, LINK has recently completed a multi-month rounding base and is now forming higher highs and higher lows—a hallmark of emerging bullish trends. The chart’s structure, combined with this liquidity model, suggests that a breakout above the $20 psychological level would confirm the beginning of an acceleration phase.

Analysts using macro overlays see the alignment between the current pattern and past cycles as supportive of long-term upside, with key milestones projected at $32, $44, and $60 if liquidity dynamics remain favorable.

Intraday Volatility Signals Accumulation Zone Near $18

The 24-hour chart for LINK shows a turbulent session characterized by sharp swings. The price opened near $17.60, surged above $18.40, and then sharply dropped back to $17.50 mid-morning, likely driven by short-term profit-taking.

This trough was followed by a gradual recovery throughout the day, with LINK reclaiming the $18.30–$18.40 level by session close. Despite ending the day with a 5.84% loss, the sequence of higher lows suggests accumulation at intraday dips.

Source: BraveNewCoin

Volume for the session totaled $917.47 million, reflecting high liquidity, although the lack of major spikes during the recovery phase hints at cautious optimism rather than aggressive buying.

With a market cap of $12.48 billion and a circulating supply of 678 million LINK, the token remains one of the most actively traded mid-to-large-cap assets. Resistance at $18.80 continues to be a short-term ceiling. A strong move above this level, supported by volume, could reinforce the larger macro model’s forecast.

Indicators Point to Strength as $19.53 Becomes Pivotal

On the daily timeframe, LINK has recently tested and briefly reclaimed the $19.53 resistance—now acting as a pivotal level.

Maintaining support above this threshold is seen as essential for continuation toward higher resistance zones, notably $22.00 and $26.40. The chart shows a well-formed uptrend with clean breakout attempts, aligning with bullish momentum signals across multiple indicators.

Source: TradingView

The MACD line at 1.37 remains above the signal line at 1.16, and the histogram reads a positive 0.22, indicating that bullish momentum is intact, though not yet accelerating. Meanwhile, the Chaikin Money Flow (CMF) stands at +0.20, a strong signal of continued capital inflow.

If LINK maintains this support while volume builds, the breakout above $20 could trigger a sharp rally, validating the $60 target proposed by the M2 liquidity overlay. Consolidation below $19.50 may delay this move, but the broader structure remains technically sound.