Chainlink (LINK) has shown significant bullish momentum, with over $66 million in LINK tokens exiting exchanges over two weeks, indicating potential accumulation by investors rather than selling. The token has risen 22% in the last month, now trading above $16. Analysts predict continued growth, leveraging DeFi adoption, driven by recent integrations with major firms such as JPMorgan and Ondo Finance. The price has reclaimed the 200-day moving average and is experiencing a well-defined rising channel pattern. Recent trading volumes indicate strong buying interest at support levels of $15.60, with significant resistance observed around $16.24. Technical indicators suggest that LINK could reach $20 soon, with long-term projections estimating prices could rise to $50 by 2028 and $100 by 2030 as the Cross-Chain Interoperability Protocol expands. Overall, Chainlink's technology is gaining traction in the DeFi sector, and investor sentiment remains optimistic as accumulation patterns continue.

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