Chainlink (LINK) Price Is Coiling for a Breakout as Onchain Metrics and Chart Patterns Point to $15 Showdown
By: cryptosheadlines|2025/05/04 20:45:01
0
Share
Airdrop Is Live CaryptosHeadlines Media Has Launched Its Native Token CHT. Airdrop Is Live For Everyone, Claim Instant 5000 CHT Tokens Worth Of $50 USDT. Join the Airdrop at the official website, CryptosHeadlinesToken.com Home » Journal » Chainlink (LINK) Price Is Coiling for a Breakout as Onchain Metrics and Chart Patterns Point to $15 Showdown Chainlink price is tightening up on the monthly chart, trading right near a key level that could decide its next big move. Two analysts, X Finance Bull and Ali, have pointed out some interesting signals, both from the charts and on-chain activity, that hint at a potential breakout or breakdown. Right now, price action and resistance zones seem to be meeting at the same spot.Looking at the long-term chart, LINK price has been climbing along a steady upward trendline since back in 2018–2019. Even during the wider crypto market dips, LINK has managed to hold higher lows, bouncing off the same rising support line every time. That trendline now sits between $12.50 and $13.00 and has already proven itself during retests in 2022, 2023, and once again in early 2025.Source: X/XFinanceBullAt the time of the post, LINK was trading at $14.38. X Finance Bull describes it as “coiling like a spring,” suggesting a big move is just around the corner. He also pointed out that Chainlink’s real-world use cases are growing fast, adding more weight to the possibility of a bullish breakout.While long-term resistance levels like $25.45 and $66.11 are marked on the chart, most traders are keeping a close eye on what’s happening right now. For the moment, all eyes are on whether LINK price can break through the nearby barrier or pull back once more.LINK $15 Resistance Cluster Stalls Breakout AttemptsAn on-chain IOMAP chart shared by crypto expert Ali shows that the $15 zone presents considerable resistance. Between $14.79 and $15.29, over 68 million LINK are held by more than 220,000 addresses. This concentration of tokens purchased above the current price may lead to sell-offs as traders attempt to exit at break-even.The chart also displays lower price clusters, indicating areas of support. Addresses holding LINK between $13.23 and $13.85 remain in profit, reducing the likelihood of selling pressure from those zones. These ranges could stabilize Chainlink price during any downward movement.Read Also: How Much Will 2,500 XRP Be Worth By 2026? XRP Price Prediction!According to on-chain data from @intotheblock, key levels for #Bitcoin $BTC are:• Support: $96,160• Resistance: $98,290A breakout from this range could set the next major move. pic.twitter.com/dfXPOJtvYx— Ali (@ali_charts) May 3, 2025 Ali notes in his tweet that $15 remains the most notable resistance level. A break above this range could shift sentiment and lead to further price expansion.Traders Monitor Chainlink Breakout Levels and On-Chain PatternsThe data suggests that LINK price is approaching a decision point. The combination of long-term trendline support and resistance from prior accumulation zones makes $15 a technical area of interest.While market direction remains undecided, both charts and commentary signal increased focus on whether LINK can maintain momentum and push through. For now, traders await confirmation as Chainlink continues to trade within a narrow range near a structurally key level.Follow us on X (Twitter), CoinMarketCap and Binance Square for more daily crypto updates.Read our recent crypto market updates, news, and technical analysis here. We recommend eToro Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more Active user community and social features like news feeds, chats for specific coins available for trading. Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs. Copy trading: allows users to copy the trades of leading traders, for free. User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate. How are regular people making returns of as much as 70% in a year with no risk? By properly setting up a FREE Pionex grid bot – click the button to learn more. Crypto arbitrage still works like a charm, if you do it right! Check out Alphador, leading crypto arbitrage bot to learn the best way of doing it. !function(f,b,e,v,n,t,s) {if(f.fbq)return;n=f.fbq=function(){n.callMethod? n.callMethod.apply(n,arguments):n.queue.push(arguments)}; if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0'; n.queue=[];t=b.createElement(e);t.async=!0; t.src=v;s=b.getElementsByTagName(e)[0]; s.parentNode.insertBefore(t,s)}(window, document,'script', 'https://connect.facebook.net/en_US/fbevents.js'); fbq('init', '213893885810361'); fbq('track', 'PageView');Source link
You may also like

Lily Liu, the chair of the Solana Foundation, shouted "Don't waste time on crypto," is the crypto industry really dead?
The interest of the younger generation is shifting from cryptocurrency to the field of artificial intelligence, which coincides with the current phenomenon in the cryptocurrency industry.

The little deer live by the water and grass
Mining companies have never been the most devout believers in Bitcoin. Under the pressures of halving compressing profits, financial reports showing revenue growth without profit increase, and coin prices falling below mining costs, the industry is collectively de-risking.

The world belongs to Chinese people who speak English
The world is vast, and only playing half of it is truly a loss.

Why Stop at 126K? Michael Saylor Breaks Down BTC Stagnation and Retail Absence Truth
Bitcoin is digital capital, and I will spend a thousand hours explaining it to you. Eventually, you will understand, but you will still have to endure a 45% crash.

Virtuals Protocol's inaugural Titan project: ROBO aims to give a wallet to a robot
This is a key step in Virtuals expanding the Agent Economy into the Embodied AI and Robotics field.

Stablecoin Latest Report: Actual Distribution and Circulation Much More Notable Than Supply
The Truth about Stablecoin Circulation Speed, Concentration, and Structure After Doubling the Supply

Paradigm's New Arithmetic: When Crypto Can't Hold 12.7 Billion, AI Becomes the Answer
It took Paradigm three years to emerge from the ruins of FTX.

Wintermute Founder: In the Lost Cryptocurrency Market, What Can We Still Do?
This is more like a manifesto, discussing "the very reason we are here."

$1.3 Billion Debt: BitDeer Faces Tough Battle
Wu Jihan is waiting for AI's money to catch up with the speed of debt.

Anthropic's IPO Gamble: At the Most Unlikely Moment, It Chose to Say No
In the AI Era, what is the most valuable thing?

Paradigm's Math Problem: $12.7 Billion, Too Big for a Single Crypto Fund
Emerging from the ruins of FTX, Paradigm took three years

Ethereum Unveils Scaling Roadmap, What's Different This Time?
Short-term improvements to execution efficiency through the Gas mechanism optimization and block validation parallelization, and long-term scalability through ZK-EVM and blobs data architecture.

Anthropic Ban Wave, OpenAI $100 Billion Funding Controversy: What Is the Overseas Crypto Community Talking About Today?
What Have Foreigners Been Most Interested in Over the Last 24 Hours?

Morning News | OpenAI receives $110 billion investment; Solana launches Solana Payments; M0, MoonPay, and PayPal jointly launch PYUSDx
Overview of Important Market Events on February 27

Bloomberg: A Romanian Presidential Election Intervened by Crypto Traders
The puzzle of the Romanian elections under digital manipulation.

Founders Fund, Pantera, and Franklin Templeton join Sentient's "Arena" to stress test enterprise-level AI agents
Sentient is gathering builders and supporters from around the world (including Founders Fund, Pantera, Franklin Templeton, alphaXiv, Fireworks, OpenRouter, etc.) to jointly address the reasoning capability gap in enterprise AI.

Why Retail Is Shifting From Crypto to Equities: Will They Return?
Retail traders are exiting the crypto market and gravitating towards equities. Bitcoin saw a notable reduction in spot…

Canton Crypto Network vs. XRP: Understanding DTCC’s Strategic Approach to Infrastructure and Liquidity
Key Takeaways Canton Network and XRP serve distinct roles in blockchain technology: Canton for asset tokenization and atomic…
Lily Liu, the chair of the Solana Foundation, shouted "Don't waste time on crypto," is the crypto industry really dead?
The interest of the younger generation is shifting from cryptocurrency to the field of artificial intelligence, which coincides with the current phenomenon in the cryptocurrency industry.
The little deer live by the water and grass
Mining companies have never been the most devout believers in Bitcoin. Under the pressures of halving compressing profits, financial reports showing revenue growth without profit increase, and coin prices falling below mining costs, the industry is collectively de-risking.
The world belongs to Chinese people who speak English
The world is vast, and only playing half of it is truly a loss.
Why Stop at 126K? Michael Saylor Breaks Down BTC Stagnation and Retail Absence Truth
Bitcoin is digital capital, and I will spend a thousand hours explaining it to you. Eventually, you will understand, but you will still have to endure a 45% crash.
Virtuals Protocol's inaugural Titan project: ROBO aims to give a wallet to a robot
This is a key step in Virtuals expanding the Agent Economy into the Embodied AI and Robotics field.
Stablecoin Latest Report: Actual Distribution and Circulation Much More Notable Than Supply
The Truth about Stablecoin Circulation Speed, Concentration, and Structure After Doubling the Supply