{"id":51005,"date":"2025-10-03T18:16:45","date_gmt":"2025-10-03T18:16:45","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=51005"},"modified":"2025-10-03T18:16:45","modified_gmt":"2025-10-03T18:16:45","slug":"link-rally-can-chainlink-break-toward-47-soon","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=51005","title":{"rendered":"LINK Rally: Can Chainlink Break Toward $47 Soon?"},"content":{"rendered":"<div>\n<p>Chainlink (LINK) is trading around $22 after gaining almost 10% over the past week. Daily price movement shows a slight dip, while trading volume stands near $950 million.<\/p>\n<p>Attention is now on whether LINK can continue its climb toward $47, a level that matches the highs of 2021.<\/p>\n<h2>Technical Setup Signals Higher Levels<\/h2>\n<p>Analyst Ali Martinez shared a 3-day chart showing LINK moving inside an ascending parallel channel since 2023. The price action is holding above $20, which aligns with the 0.786 Fibonacci retracement level. Staying above this zone gives room for further gains.<\/p>\n<p>Notably, the projection marks potential steps toward $29, $35\u2013$39, and then $46 at the 1.272 Fibonacci extension. That level also meets the top line of the channel. Martinez wrote,<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">$47 could be next for Chainlink <a href=\"https:\/\/twitter.com\/search?q=%24LINK&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$LINK<\/a>! <a href=\"https:\/\/t.co\/N2QWDZNiIB\">https:\/\/t.co\/N2QWDZNiIB<\/a> <a href=\"https:\/\/t.co\/HNjRP9Kyp2\">pic.twitter.com\/HNjRP9Kyp2<\/a><\/p>\n<p>\u2014 Ali (@ali_charts) <a href=\"https:\/\/twitter.com\/ali_charts\/status\/1973737697614397540?ref_src=twsrc%5Etfw\">October 2, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2>Channel Structure and All-Time High Zone<\/h2>\n<p>EtherNasyonaL <a href=\"https:\/\/x.com\/EtherNasyonaL\/status\/1973726880563122408\">pointed<\/a> to LINK breaking above the middle band of the channel. The asset is now consolidating above this level, which has historically served as a pivot point for past moves.<\/p>\n<p>If LINK holds above this band, the chart shows a possible move toward the upper boundary of the channel. The next heavy resistance remains the 2021 all-time high supply zone between $47 and $52. Support has firmed in the $18\u2013$20 area after a successful retest.<\/p>\n<figure id=\"attachment_1415149\" aria-describedby=\"caption-attachment-1415149\" style=\"width: 1200px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/G2QViagWQAIlxUZ.png\"><img fetchpriority=\"high\" decoding=\"async\" class=\"wp-image-1415149 size-full\" src=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/G2QViagWQAIlxUZ.png\" alt=\"LINK price chart\" width=\"1200\" height=\"551\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/G2QViagWQAIlxUZ.png 1200w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/G2QViagWQAIlxUZ-300x138.png 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/G2QViagWQAIlxUZ-1024x470.png 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/G2QViagWQAIlxUZ-768x353.png 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/G2QViagWQAIlxUZ-90x41.png 90w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/G2QViagWQAIlxUZ-150x69.png 150w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/G2QViagWQAIlxUZ-1000x459.png 1000w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/G2QViagWQAIlxUZ-900x413.png 900w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/G2QViagWQAIlxUZ-800x367.png 800w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/G2QViagWQAIlxUZ-700x321.png 700w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/G2QViagWQAIlxUZ-600x276.png 600w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/G2QViagWQAIlxUZ-500x230.png 500w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/G2QViagWQAIlxUZ-400x184.png 400w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/G2QViagWQAIlxUZ-200x92.png 200w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/G2QViagWQAIlxUZ-100x46.png 100w\" sizes=\"(max-width: 1200px) 100vw, 1200px\"><\/a><figcaption id=\"caption-attachment-1415149\" class=\"wp-caption-text\">Source: EtherNasyonaL\/X<\/figcaption><\/figure>\n<p>Additionally, on-chain activity is also expanding. Martinez <a href=\"https:\/\/x.com\/ali_charts\/status\/1973967495833760202\">noted<\/a> that 1,963 new addresses joined the network on October 1. Data from DeFi Llama reports that total value secured (TVS) in Chainlink has reached $66 billion, up from $25 billion in April this year.<\/p>\n<p>Meanwhile, this increase in adoption strengthens Chainlink\u2019s position in decentralized finance and may support higher price levels if momentum continues.<\/p>\n<h2>Short-Term Market Signals<\/h2>\n<p>LINK is trading near $22 on the 4-hour chart, where the EMAs 20, 50, 100, and 200 have converged. This tight cluster of moving averages marks an important decision zone, with a clear break above or below likely to set the next short-term direction.<\/p>\n<figure id=\"attachment_1415148\" aria-describedby=\"caption-attachment-1415148\" style=\"width: 2433px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/LINKUSD_2025-10-03_14-25-30.png\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-1415148\" src=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/LINKUSD_2025-10-03_14-25-30.png\" alt=\"LINK price chart\" width=\"2433\" height=\"1376\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/LINKUSD_2025-10-03_14-25-30.png 2433w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/LINKUSD_2025-10-03_14-25-30-300x170.png 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/LINKUSD_2025-10-03_14-25-30-1024x579.png 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/LINKUSD_2025-10-03_14-25-30-768x434.png 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/LINKUSD_2025-10-03_14-25-30-1536x869.png 1536w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/LINKUSD_2025-10-03_14-25-30-2048x1158.png 2048w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/LINKUSD_2025-10-03_14-25-30-90x51.png 90w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/LINKUSD_2025-10-03_14-25-30-150x85.png 150w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/LINKUSD_2025-10-03_14-25-30-2000x1131.png 2000w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/LINKUSD_2025-10-03_14-25-30-1600x905.png 1600w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/LINKUSD_2025-10-03_14-25-30-1400x792.png 1400w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/LINKUSD_2025-10-03_14-25-30-1200x679.png 1200w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/LINKUSD_2025-10-03_14-25-30-1000x566.png 1000w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/LINKUSD_2025-10-03_14-25-30-900x509.png 900w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/LINKUSD_2025-10-03_14-25-30-800x452.png 800w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/LINKUSD_2025-10-03_14-25-30-700x396.png 700w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/LINKUSD_2025-10-03_14-25-30-600x339.png 600w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/LINKUSD_2025-10-03_14-25-30-500x283.png 500w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/LINKUSD_2025-10-03_14-25-30-400x226.png 400w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/LINKUSD_2025-10-03_14-25-30-200x113.png 200w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/LINKUSD_2025-10-03_14-25-30-100x57.png 100w\" sizes=\"auto, (max-width: 2433px) 100vw, 2433px\"><\/a><figcaption id=\"caption-attachment-1415148\" class=\"wp-caption-text\">Source: TradingView<\/figcaption><\/figure>\n<p>The MACD indicator has given a slight bearish crossover with a red histogram. The momentum is likely to lose its strength, indicating sideways movement or a pullback will be seen merely before another breakout attempt.<\/p>\n<p>Outside of technical analysis, Chainlink continues to <a href=\"https:\/\/x.com\/chainlink\/status\/1973404332964864272\">penetrate<\/a> the real-world asset space, with partnerships involving global institutions such as Swift, DTCC, Euroclear, UBS, and BNP Paribas.<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/link-rally-can-chainlink-break-toward-47-soon\/\">LINK Rally: Can Chainlink Break Toward $47 Soon?<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Chainlink (LINK) is trading around $22 after gaining almost 10% over the past week. Daily price movement shows a slight dip, while trading volume stands near $950 million. Attention is now on whether LINK can continue its climb toward $47, a level that matches the highs of 2021. Technical Setup Signals Higher Levels Analyst Ali [&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-51005","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\/51005","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=51005"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/51005\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=51005"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=51005"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=51005"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}