Chainlink (LINK) Price Rally: Can It Hit $20 This Week?
Chainlink (LINK) is surging! The altcoin is showing impressive momentum, leaving many investors wondering: Can Chainlink (LINK) hit $20 this week? This week, Chainlink (LINK) is among the best-performing cryptocurrencies, fueling speculation about a potential breakout.
The recent surge is undeniable. Chainlink (LINK) price has hit $11.50 for the first time since June 2025, after spending the past month as one top performers in the top 20 crypto rankings. On-chain Chainlink’s price gains 10% in a week. Breaking the streak of four bullish candles on a high note of a 7% jump, LINK is capturing significant attention.
Is a $20 Target Realistic?
With bullish indicators in play, could LINK hit $20 soon? Key insights inside. As it trades at $14.095, the altcoin reveals a potential bull run to hit the $20 in the coming weeks. Chainlink breaks through the $19.25 resistance, reaching $20 in a strong move.
The technical outlook is promising. Will LINK Price Record A New 52-week High This Week? Maintaining the price above its support level will set the stage for the Chainlink token to retest its resistance level of $23. Furthermore, the next key target for LINK is the cycle high of $22.90, with little resistance after that.
Key Takeaways:
- Momentum: LINK is experiencing significant bullish momentum.
- Resistance: Successfully broken through the $19.25 resistance.
- Targets: Eyes are set on the $20 mark and potentially the cycle high of $22.90.
Keep a close eye on Chainlink (LINK) this week! The potential for it to reach $20 and beyond is certainly present.