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LINK Price Prediction: Targeting $28-30 Range Despite Overbought Conditions in Coming Weeks
The post LINK Price Prediction: Targeting $28-30 Range Despite Overbought Conditions in Coming Weeks appeared on BitcoinEthereumNews.com. Luisa Crawford Aug 17, 2025 15:23 LINK price prediction shows potential for $28-30 targets despite RSI at 70.89. Current $25.48 level holds key support for bullish continuation toward new highs. Chainlink’s explosive 15.29% surge to $25.48 has positioned LINK within striking distance of its 52-week high at $29.26. Despite overbought technical conditions, our LINK price prediction suggests further upside potential as momentum indicators maintain bullish alignment. LINK Price Prediction Summary • LINK short-term target (1 week): $28.00 (+9.9% from current levels) • Chainlink medium-term forecast (1 month): $26-32 range with bias toward upper end • Key level to break for bullish continuation: $25.72 (immediate resistance) • Critical support if bearish: $23.00 (SMA 7 level) Recent Chainlink Price Predictions from Analysts Recent analyst predictions from DigitalCoinPrice have shown a consistent upward revision pattern, with their Chainlink forecast evolving from $20.95 on August 13th to $22.10 by August 17th. This represents a progressive increase in bullish sentiment, though these targets now appear conservative given LINK’s current $25.48 trading level. The analyst consensus has been consistently bullish but underestimated the velocity of LINK’s recent breakout. While their medium confidence ratings suggested cautious optimism, the actual price action has exceeded expectations by approximately 15%. This divergence between conservative predictions and actual performance often signals continued momentum in cryptocurrency markets. LINK Technical Analysis: Setting Up for Breakout Above $26 The Chainlink technical analysis reveals a powerful bullish setup despite surface-level overbought conditions. LINK’s position at 0.9755 within the Bollinger Bands indicates the token is testing upper resistance but hasn’t yet broken into full expansion mode. The MACD histogram reading of 0.4300 confirms sustained bullish momentum, while the spread between the 12-period EMA ($21.87) and 26-period EMA ($20.03) continues widening. Volume analysis shows exceptional strength with $215.4 million…
The post LINK Price Prediction: Targeting $28-30 Range Despite Overbought Conditions in Coming Weeks appeared on BitcoinEthereumNews.com.
Luisa Crawford Aug 17, 2025 15:23 LINK price prediction shows potential for $28-30 targets despite RSI at 70.89. Current $25.48 level holds key support for bullish continuation toward new highs. Chainlink’s explosive 15.29% surge to $25.48 has positioned LINK within striking distance of its 52-week high at $29.26. Despite overbought technical conditions, our LINK price prediction suggests further upside potential as momentum indicators maintain bullish alignment. LINK Price Prediction Summary • LINK short-term target (1 week): $28.00 (+9.9% from current levels) • Chainlink medium-term forecast (1 month): $26-32 range with bias toward upper end • Key level to break for bullish continuation: $25.72 (immediate resistance) • Critical support if bearish: $23.00 (SMA 7 level) Recent Chainlink Price Predictions from Analysts Recent analyst predictions from DigitalCoinPrice have shown a consistent upward revision pattern, with their Chainlink forecast evolving from $20.95 on August 13th to $22.10 by August 17th. This represents a progressive increase in bullish sentiment, though these targets now appear conservative given LINK’s current $25.48 trading level. The analyst consensus has been consistently bullish but underestimated the velocity of LINK’s recent breakout. While their medium confidence ratings suggested cautious optimism, the actual price action has exceeded expectations by approximately 15%. This divergence between conservative predictions and actual performance often signals continued momentum in cryptocurrency markets. LINK Technical Analysis: Setting Up for Breakout Above $26 The Chainlink technical analysis reveals a powerful bullish setup despite surface-level overbought conditions. LINK’s position at 0.9755 within the Bollinger Bands indicates the token is testing upper resistance but hasn’t yet broken into full expansion mode. The MACD histogram reading of 0.4300 confirms sustained bullish momentum, while the spread between the 12-period EMA ($21.87) and 26-period EMA ($20.03) continues widening. Volume analysis shows exceptional strength with $215.4 million…
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