Chainlink (LINK) Hits 18-Month High– Is $30 Next?

Chainlink (LINK) has made headlines this week after surging to over $26, its highest level in roughly 18 months. The move has positioned LINK as one of the top-performing large-cap cryptocurrencies, outpacing much of the market with double-digit daily gains. For investors, the big question now is whether this rally has enough momentum to push the token toward the psychologically important $30 level — a price point that hasn’t been seen since early 2022.

What’s Pushing Chainlink to New Heights?

Chainlink (LINK) Price

Source: CoinMarketCap

Chainlink’s latest breakout has been powered by a mix of whale activity, protocol upgrades, and broader market momentum. On-chain data reveals that large holders have been steadily accumulating LINK, withdrawing millions of dollars’ worth of tokens from exchanges in recent weeks. This trend suggests growing conviction among big investors that LINK has more room to run.

Meanwhile, the project itself has been strengthening its fundamentals. The newly launched LINK Reserves program now automatically channels a share of network fees into LINK, locking the tokens in a treasury. Already holding over 100,000 LINK at an average cost of around $19, the program creates a steady stream of organic buy pressure.

Adding to the bullish case, Chainlink recently announced a partnership with Intercontinental Exchange (ICE) — the parent company of the New York Stock Exchange. This integration brings ICE’s forex and precious metals pricing into Chainlink’s oracle feeds, reinforcing its role as a key bridge between real-world data and blockchain applications.

All of this is happening against the backdrop of a broader crypto market upswing, with Bitcoin near record highs. Together, these factors have created the perfect setup for LINK to hit its 18-month peak and spark speculation about whether $30 is within reach.

Investor Sentiment Turns Bullish on LINK

Chainlink’s surge to an 18-month high has quickly shifted market sentiment in its favor. Many traders and analysts now describe LINK as undervalued , emphasizing its growing importance in decentralized finance and real-world asset tokenization.

Prominent voices like Altcoin Sherpa have called LINK “one of the best coins right now,” though they also caution that the $30 level could act as a significant resistance point where some investors may take profits. Still, the enthusiasm is supported by hard data: LINK’s daily trading volume spiked more than 60% in the past 24 hours, confirming that fresh money is flowing in rather than just recycled hype.

Source: X

Some analysts are setting their sights even higher. If LINK manages to clear $30 convincingly, projections range from the low-to-mid $30s to even the mid-$40s in more bullish scenarios. But for now, the consensus is clear — the rally has placed Chainlink back in the spotlight, and investor sentiment is leaning decisively bullish.

LINK Price Action: Key Levels to Watch

Source: crypto.new

Chainlink’s breakout above the $24–25 resistance zone has pushed it to its highest levels since early 2024, a move backed by strong trading volume that validates the rally. A recent golden cross, where the 50-day moving average moved above the 200-day moving average, adds to the bullish narrative and signals that momentum remains on LINK’s side.

The next major hurdle is at $30, which carries both psychological weight and technical significance. This level lines up with a long-term descending trendline that has capped LINK’s price action for nearly four years. A decisive breakout above it could mark a structural shift in LINK’s trajectory, potentially paving the way for targets in the mid-$30s and higher.

For now, downside levels to watch sit around $21–22. A pullback into this range would likely be viewed as a healthy correction within an uptrend, but a drop below $21 could weaken the bullish setup and hint at deeper retracements. Until then, the chart favors the bulls — with the $30 barrier standing as the next big test.

What’s Next for LINK?

The big question now is whether LINK can clear the $30 resistance level. A decisive breakout above this zone, especially on strong trading volume, would signal a major shift in market structure. Such a move could attract fresh momentum traders and push LINK toward the mid-$30s or beyond, reinforcing the bullish outlook.

If LINK struggles to break $30, the market may see a period of consolidation or a healthy pullback. In that scenario, the $25 level could act as a short-term cushion, while the $21–22 support zone remains critical. A drop below $21 would weaken the bullish setup and potentially bring the token back into the high teens, resetting investor expectations.

Ultimately, LINK’s trajectory will also depend on the broader crypto environment. Continued strength in Bitcoin and Ethereum could provide tailwinds, while a cooling market might cap LINK’s momentum. For investors, keeping an eye on whale activity, trading volume, and Chainlink’s expanding partnerships will be key to understanding where LINK heads next.

Conclusion

Chainlink’s return to an 18-month high has put it back in the spotlight, fueled by whale activity, fresh tokenomics through the LINK Reserves program, and partnerships that tie its oracles even closer to real-world markets. With sentiment leaning bullish, investors are now asking the obvious question: can LINK finally hit the $30 mark that has eluded it for years?

The answer isn’t certain — and that’s what makes this moment intriguing. A breakout could set the stage for a powerful run into the mid-$30s or beyond, while a stall might see LINK retrace toward the low-$20s. Either way, the rally has reignited curiosity around Chainlink’s role in DeFi and tokenized assets. With momentum on its side, the next few weeks could prove pivotal in defining LINK’s next big chapter.

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