{"id":47993,"date":"2025-09-17T11:16:51","date_gmt":"2025-09-17T11:16:51","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=47993"},"modified":"2025-09-17T11:16:51","modified_gmt":"2025-09-17T11:16:51","slug":"chainlink-link-eyes-40-as-bull-flag-builds-on-weekly-chart","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=47993","title":{"rendered":"Chainlink (LINK) Eyes $40 as Bull Flag Builds on Weekly Chart"},"content":{"rendered":"<div>\n<p><strong>TL;DR<\/strong><\/p>\n<ul>\n<li>LINK trades in a bull flag pattern with breakout targets set at $35 and $40.<\/li>\n<li>Institutional interest rises as Caliber buys LINK and Grayscale files for a LINK ETF.<\/li>\n<li>SAB partners with Chainlink to test blockchain solutions for cross-border infrastructure.<\/li>\n<\/ul>\n<h2>Weekly Setup Points to Possible Upside<\/h2>\n<p>Chainlink (LINK) is trading within a flag pattern on the weekly chart after a strong move earlier this year. The structure shows a short-term downward channel that formed after a rally in July and August. This setup is commonly watched as a continuation pattern, with many traders monitoring it for a potential breakout.<\/p>\n<p>At the time of writing, LINK is priced at $23. Rose Premium Signals noted that the current price action fits the structure of a bull flag. The next move depends on whether LINK can push above the top of the channel. If it does, price levels of $35 and $40 are being considered as upside targets.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\"><a href=\"https:\/\/twitter.com\/hashtag\/LINK?src=hash&amp;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">#LINK<\/a> Bull Flag in Play<\/p>\n<p>Chainlink is printing a textbook bull flag on the weekly timeframe<br \/>\nPrice is consolidating inside the channel \u2014 a breakout could ignite the next leg up<\/p>\n<p>Breakout above the channel resistance will likely lead to explosive momentum!<\/p>\n<p>Targets:\u2026 <a href=\"https:\/\/t.co\/Nv31FzNVZd\" data-wpel-link=\"external\" target=\"_blank\">pic.twitter.com\/Nv31FzNVZd<\/a><\/p>\n<p>\u2014 Rose Premium Signals (@VipRoseTr) <a href=\"https:\/\/twitter.com\/VipRoseTr\/status\/1968051013262131277?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">September 16, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2>Mixed Signals on the Daily and Intraday Charts<\/h2>\n<p>On the daily timeframe, LINK closed without a clear direction. According to CRYPTOWZRD, LINK\/BTC also pulled back slightly but stayed above a previous resistance zone that now acts as a double bottom. The next <a href=\"https:\/\/cryptopotato.com\/chainlink-link-faces-supply-crunch-bullish-breakout-ahead\/\" data-wpel-link=\"internal\">push higher<\/a> could confirm this pattern and set the stage for continued strength.<\/p>\n<p>$30 is the next area to watch if momentum returns, while $20 remains a support zone on the daily chart. The analyst added that any moves following the FOMC event may also affect LINK\u2019s short-term path. Near-term setups are expected to come from lower timeframes, depending on how the market reacts.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">LINK Daily Technical Outlook:<a href=\"https:\/\/twitter.com\/search?q=%24LINK&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">$LINK<\/a> closed indecisively. We need more healthy price action and a directional lead from Bitcoin tomorrow during the FOMC event. My focus will be on the lower-time frame. Moving the above $24.00 intraday resistance would trigger the next long \u200d<img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/14.0.0\/72x72\/2642.png\" alt=\"\u2642\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> <a href=\"https:\/\/t.co\/H34TQlMUtA\" data-wpel-link=\"external\" target=\"_blank\">pic.twitter.com\/H34TQlMUtA<\/a><\/p>\n<p>\u2014 CRYPTOWZRD (@cryptoWZRD_) <a href=\"https:\/\/twitter.com\/cryptoWZRD_\/status\/1968140508582252683?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">September 17, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>In intraday movement, LINK saw quick swings. Holding above $24.00 is being watched as a possible signal for a surge with a target of $26.50. Support on this timeframe is set at $22.00.<\/p>\n<h2>Institutional Interest Continues to Expand<\/h2>\n<p>Several companies have increased exposure to LINK in recent weeks. As <em>CryptoPotato<\/em> <a href=\"https:\/\/cryptopotato.com\/link-headed-for-100-heres-what-you-need-to-know\/\" data-wpel-link=\"internal\">reported<\/a>, Caliber, a Nasdaq-listed firm managing both real estate and digital assets, disclosed a purchase of LINK tokens as part of its digital asset strategy. The company has not provided further details on the size of the position.<\/p>\n<p>Grayscale Investments has filed for a Chainlink ETF under the ticker GLNK. The application was made for NYSE Arca. Bitwise had submitted a similar proposal earlier. Both filings aim to give investors access to LINK through a regulated fund structure, without requiring direct token custody.<\/p>\n<p>In addition, SAB <a href=\"https:\/\/x.com\/alawwalsab\/status\/1967634523136352735\" data-wpel-link=\"external\" target=\"_blank\">confirmed<\/a> a new agreement with Chainlink. The company shared that the partnership will focus on testing blockchain solutions for cross-platform communication. The work is part of broader goals to improve financial infrastructure in Saudi Arabia.<\/p>\n<p>SAB said,<\/p>\n<blockquote>\n<p>\u201cThis collaboration marks a pivotal step in our commitment to drive Financial Innovation in Saudi Arabia.\u201d<\/p>\n<\/blockquote>\n<p>No timeline or further technical details have been announced so far.<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/chainlink-link-eyes-40-as-bull-flag-builds-on-weekly-chart\/\">Chainlink (LINK) Eyes $40 as Bull Flag Builds on Weekly Chart<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>TL;DR LINK trades in a bull flag pattern with breakout targets set at $35 and $40. Institutional interest rises as Caliber buys LINK and Grayscale files for a LINK ETF. SAB partners with Chainlink to test blockchain solutions for cross-border infrastructure. Weekly Setup Points to Possible Upside Chainlink (LINK) is trading within a flag pattern [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-47993","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/47993","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=47993"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/47993\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=47993"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=47993"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=47993"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}