LINK's Technical Signals Point to a 50% Rally by Years-EndChainLink / TetherUSBINANCE:LINKUSDTPHANT0MLINK is trading at approximately $19.26. The price has shown significant volatility and upward momentum over the past few months, moving from around $10-11 in early 2025 to the current levels near $19, representing an impressive 80-90% increase. Technical Indicator Analysis RSI (Relative Strength Index) The daily RSI is currently at 61.60, which is in bullish territory but not yet overbought The 4-hour RSI is showing similar strength at 61.60 This indicates robust momentum without reaching extreme levels that would trigger immediate profit-taking Historical data shows LINK can sustain RSI readings in the 60-70 range during strong uptrends Price Action Patterns LINK has formed a series of higher highs and higher lows since May 2025 The price recently consolidated in the $17-19 range before showing signs of continuation There was a significant price surge from $13-14 levels to above $19 in mid-July, indicating strong buying pressure The consolidation after rapid gains suggests healthy market behaviour rather than exhaustion Volume Analysis Volume has been increasing during upward price movements Notable volume spikes occurred during the breakout from $15 to $17 and again during the move above $19 This suggests genuine buying interest rather than a low-volume pump The Volume-Weighted Average Price (VWAP) continues to slope upward, confirming the strength of the trend Support and Resistance Levels Strong support has formed around $17.50-18.00 Previous resistance around $19.00 is now being tested as support The next major resistance appears to be in the $20-21 range based on previous price action After that, there's relatively little historical resistance until the $25 level Fibonacci Projections Using the recent swing low of approximately $11.45 (May 2025) to the recent high of $19.66: The 161.8% extension projects a target of approximately $24.70 The 200% extension suggests a move toward $28.00 These Fibonacci levels often serve as magnets for price during strong trend movements LINK Price Projection Based on the technical indicators analysed: Short-term (August-September 2025): LINK appears poised to break through the $20 psychological barrier Initial target around $22-23 as the next resistance level Support should hold around $17.50-18.00 on any pullbacks The clean break above previous resistance at $18.50-19.00 suggests momentum remains strong Medium-term (October-November 2025): If the current trend structure remains intact LINK could target the $24-25 range, aligning with the 161.8% Fibonacci extension Previous all-time highs near $30 could come into play by year-end The steady stair-stepping pattern of rallies followed by consolidation suggests this move would be sustainable Key Factors to Watch: Volume on breakouts above $20 and $25 RSI readings for signs of exhaustion or continued strength Development updates and adoption news specific to Chain-link Maintenance of the higher lows pattern on any pullbacks Conclusion The technical picture for LINK appears bullish, with multiple indicators suggesting continued upward momentum. The price has established a strong uptrend with healthy consolidation periods. The recent price action shows accumulation rather than distribution, with higher lows forming during consolidation phases. The most likely scenario based on current data suggests LINK could reach the $24-25 range in the next 2-3 months, with potential for movement toward $28-30 by the end of 2025, representing a 30-55% increase from current levels. However, investors should monitor key support levels around $17.50-18.00 for any signs of trend reversal. The clean chart structure, steady volume profile, and measured RSI readings all point to a continuation of the current uptrend, making LINK's technical outlook decidedly positive for the remainder of 2025.