Technical analysis of Chainlink (LINK) shows positive signs of growth despite the current bearish trend. Analyst Michaël van de Poppe highlights key support levels and potential entry points for investors.
Current Price Dynamics of LINK
According to recent analyses, LINK has demonstrated a long-term downtrend since June 2025; however, higher local lows can be observed on the chart. The current price of the token is approximately $21.46, which is above critical resistance levels at $15-$16.
Key Levels and Accumulation Volumes
In Van de Poppe's analytical work, the $18 to $20 range is noted as an important accumulation zone that has previously acted as resistance. He believes that any pullbacks into this range represent excellent buying opportunities ahead of a potential rise to $30.
Market and Investor Sentiment
Recent updates from Chainlink in the field of decentralized data have bolstered investor confidence. The stable local lows of the token indicate increasing demand from market participants. The RSI indicator shows high activity and potential cooling off before the next growth phase.
The technical analysis of Chainlink indicates positive forecasts for the market, with a possibility of rising to $30. Investors may view current levels as potential opportunities for asset accumulation.
