LINK at Critical Demand Zone — Analyst Sees Rally to $100

Key Notes

Analyst Ali Martinez noted that LINK is forming a symmetrical triangle pattern, and a breakout past $25 could trigger a rally to $100.

Whales have accumulated over 13 million LINK in the past two weeks, signaling strong investor interest.

The Chainlink Foundation continues buybacks, with its reserve now holding 586,641 LINK ($10.2 million), helping stabilize price and reduce market supply.

Chainlink LINK $17.57 24h volatility: 1.6% Market cap: $12.24 B Vol. 24h: $678.21 M has grabbed the limelight in the past few days, clocking nearly 10% weekly gains, with its market cap flirting around $12 billion.

Over the last 24 hours, the LINK price has bounced back from the strong support zone at $17, with experts seeing it as a strong accumulation zone.