Chainlink to $28: Bullish LINK Retest Could Come In August
Chainlink (LINK)’s price has entered a bullish pattern and is consolidating around a crucial resistance level. Currently sitting just over $17.60, LINK is looking to extend its monthly rally into August 2025. The asset has climbed over 30% in the last 30 days, driven by rising institutional interest and key bullish patterns on the price charts. A crypto analyst on X Ali Charts recently discussed LINK’s potential in the upcoming month, revealing that the previous $28 forecast for July could come true next month. “Chainlink LINK looks to be in the middle of a bullish retest at the breakout zone,” the analyst wrote on a post to X. “This setup could pave the way for a move to $22 or even $28!” LINK recently broke above $20, and the recent rebound hints at a retest of this level, which could set it up for the next leg up. Should the coin breach and mantain above the $20 threshold, it could set the stage for a surge to $28 before the summer ends. LINK’s surge of ...